How Data Products Are Changing Market Economics

A "Data Product" is a product that utilizes data to improve services and overall functionality. It facilitates an end goal or result through the intelligent use of data. Examples include Netflix's content recommendation system, Google Maps, and self-driving cars. There are four main types of data products: Decision Support Data Products (e.g., Google Maps), Automated Decision Data Products (e.g., self-driving cars), Data Warehouses, and Recommendation Data Products (e.g., restaurant recommendations). Acceldata is a market leader in enterprise data observability, helping companies manage their data systems more efficiently to improve data quality, pipeline reliability, compute performance, and spend efficiency.