Title
A pricing model to monetize your industrial dataAuthor (from another institution)
Other institutions
Università degli Studi di FirenzeRights
@ Los autoresAccess
Open accessPublisher’s version
10.3389/fmtec.2023.1057537Published at
Frontiers in Manufacturing Technology Vol. 3, art:1057537Publisher
FrontiersKeywords
Monetización de datosValor de los datos
Comercialización de datos
Abstract
Data monetization has become a relevant aspect of the industrial manufacturing. Consequently, this paper proposes a theoretical framework as well as a mathematical model to price industrial data. For ... [+]
Data monetization has become a relevant aspect of the industrial manufacturing. Consequently, this paper proposes a theoretical framework as well as a mathematical model to price industrial data. For this purpose, three characteristics of the data were considered, i.e. 1) quality; 2) entropy and 3) value. Besides, the role of data marketplace’s players was analyzed. In order to validate the economic equation, a case study was carried out by a Spanish manufacturer. [-]
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