Many companies struggle with sharing data and aren’t sure how to monetise it.
But with Platform8, you can now easily and securely monetise your data and turn it into a source of revenue.
Many businesses believe that their data is valuable, but sharing it can be challenging. This is where Platform8’s monetisation solution comes in. Our platform enables businesses to monetise their data securely while retaining control of it. By doing so, businesses can unlock additional revenue streams and create new business models, making the most out of their data.
According to recent research, businesses that monetise their data see significant benefits. A study by McKinsey found that companies that monetise their data can boost their operating margins by up to 50%. Moreover, businesses that prioritise data monetisation are more likely to have a competitive edge, as they can create new revenue streams and business models.
In today’s world, businesses face numerous challenges, from climate change to supply chain disruptions. One of the biggest issues facing supply chains is the lack of visibility beyond Tier 1 suppliers, with 65% of companies unable to monitor their supply chain’s ESG performance or identify critical operational dependencies and optimisations.
That’s where Platform8 comes in. Our platform offers a cost-effective and secure way for businesses to share data and access multiple connected solutions through a single, user-friendly marketplace. With Platform8, supply chain communities can easily manage and track their ESG performance, compare their performance with others, and identify critical operational dependencies and optimisations.
A study by McKinsey found that companies that monetise their data can boost their operating margins by up to 50%.
But that’s not all. Disruptions are also a major challenge for supply chains, with 94% of supply chain leaders experiencing disruptions last year, resulting in costs up to 3x a company’s annual profit margin. Platform8 empowers supply chain communities to enhance their ESG and economic performance while ensuring compliance. Our platform provides communities with the tools they need to trade on operational optimisation and share resources and assets. This way, they can proactively respond to risk, turn waste into revenue, and improve their EBIT.
Furthermore, businesses need to recognise the importance of ESG for their success. Globally, 66% of consumers pay a premium for sustainable products, and investors factor in ESG for their decisions. Strong ESG performance can lead to lower debt costs and higher valuations. By joining Platform8, businesses can take control of their supply chain’s ESG performance and enhance their economic performance at the same time.
Check out the Platform8 Marketplace
Click here to check out the live marketplace, and contact our team today to get started!
Platform8 enables the future of sustainable supply chains. We believe that by connecting digital communities and enabling them to make decisions beyond just economics, they could drive lasting change in the way we do business. This belief led to the creation of Platform8.