1010data, Inc., on Tuesday announced the formation of the 1010data Analytical Dataspace, the first cloud-based community where organizations can analyze, share and monetize Big Data. The Analytical Dataspace is a revolutionary forum where organizations, regardless of size or vertical market, can analyze massive datasets in seconds, combine it with other organizations’ data to gain new analytical insights, and generate revenue from selling their data.
“The Analytical Dataspace gives enterprises a single destination for their Big Data analytics needs, allowing them to easily capitalize on the massive data they or others are creating,” said Sandy Steier, CEO of 1010data. “We believe that by creating a community for data providers and users, analysts and business decision makers, they can have the world’s data at their fingertips and leverage it to identify business opportunities that have never been possible before.”