OLD TAPPAN, N.J. – Oct. 8, 2020 – PRLog — YourDataConnect, LLC, announced Release 4.0 of the industry’s first data monetization platform for companies to quantify the financial benefits of data management to grow revenues, reduce costs, and manage risk. The latest release of YourDataConnect includes several new modules for Data Valuation, Data Marketplace and Continuous ROI.
YourDataConnect, LLC, also announced several new customer wins since the launch of the platform in June 2020. The platform is also available as a free trial on www.yourdataconnect.com and for purchase on the Salesforce AppExchange. Finally, the company announced the publication of a Data Monetization book targeting prospective “data monetizers” from finance, data management, technology, and digital transformation.
“YourDataConnect has demonstrated strong market traction in the few short months since the launch of our platform. Our platform is focused on the emerging role of the data monetizer who is tasked with driving quantifiable financial benefits in large and small companies. Our Continuous ROI Module allows companies to take cost out of the business through consolidation of applications and rationalization of business intelligence platforms,” said Sunil Soares, CEO of YourDataConnect, LLC.
Bloor Research separately released a report on data monetization and YourDataConnect. “YourDataConnect excels at putting concrete, monetary value to otherwise nebulous business goals. The 4.0 release, which extends this functionality to evaluating BI migrations, should be regarded as one more way in which YourDataConnect allows you to assess – and thereby maximise – real business value.” said Daniel Howard at Bloor Research.
YourDataConnect is a SaaS-enabled data monetization platform that helps companies manage their data value chain more effectively to reduce costs, discover new revenue potential, mitigate risk, and share data securely with internal and external data partners.