Industry-first offering gives companies, government agencies and trade organizations the ability to readily exchange machine-generated data, with full control over access and monetization.
LAS VEGAS – July 14, 2020 —Terbine announced today a version of its cloud-based IoT Data Exchange and Marketplace that makes it possible for supplier-buyer groups, trade associations, government agencies and research institutions to have their own white-labeled or PaaS data exchanges.
“Since launching the Terbine marketplace we’ve been approached by global corporations, industry trade groups and public agencies wanting to have their own data exchanges,” said David Knight, Terbine Founder and CEO. “We’ve answered their needs by creating a version of the system that has all of the functionality of the Terbine Data Exchange with their nameplate, and giving them control over who participates, what they can access and when it gets charged for. It’s a powerful tool for the growing data-based ecosystems that are building around autonomous vehicles, smart cities, renewable energy, precision agriculture and many other technology-driven sectors.”
Terbine’s Data Exchange Platform is akin to having a private commodities exchange for data, with many input feeds and many participants operating within a closed user group. It provides advanced data curation, automated handling of regulatory and licensing matters, tracking of transactions and a highly advanced policy engine that gives administrators full control over who can see and access any given IoT data feed. The offering includes a web-based administrator console that is used to manage member accounts, control data feeds and assign pricing when desired. Terbine hosts and operates the exchanges for customers under a Platform-as-a-Service (PaaS) model, facilitates onboarding of both the primary entities who “own” the trading alliances and their participant member-organizations, and provides training plus customer support.