The New Data Economics

TileDB founder Stavros Papadopoulos argues for a holistic approach to data management, challenging the current focus on data consumption and SQL efficiency. He identifies significant gaps in the industry's handling of data production, distribution, and consumption, noting that most companies fail to address the production aspect and that existing solutions inadequately support non-tabular data types. TileDB proposes a universal data format and a cloud-based, serverless platform for efficient data management that allows for seamless sharing, monetization, and consumption across diverse data types. This approach, according to Papadopoulos, not only optimizes performance and reduces redundant infrastructure but also paves the way for innovation in business, science, and technology by enabling efficient collaboration and data utilization. Papadopoulos presents TileDB Cloud as evidence of the feasibility of this comprehensive framework, designed to transform the data space and address the inefficiencies plaguing current data economics.