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How Data Marketplace Works

In Axon Data Governance, a data owner can curate data sets so that the Data Marketplace Administrator can publish the data sets to the Data Marketplace as data collections. Business users who are interested in using the data can request access to the data from the Data Marketplace. The data owner reviews the access requests and approves or rejects each request. If the data owner approves a request, the technical owner delivers the data to the data consumer.
The following diagram represents the workflow to publish and get access to data from the Data Marketplace:
The diagram depicts how a data owner uploads a data collection. A data consumer requests access to this data collection. After the data owner approves the request, the technical owner makes the data collection available to the data consumer.
  1. 1. The data owner prepares the data set that can be used for business purposes by data consumers.
  2. 2. The Data Marketplace Administrator publishes the data set to the Data Marketplace as a data collection.
  3. 3. The data consumer searches the Data Marketplace and finds the data collection.
  4. 4. The data consumer requests access to the data from the data owner.
  5. 5. The data owner approves the request.
  6. 6. The technical owner delivers the data to the data consumer.
To understand all the user profiles in the Data Marketplace and the tasks associated with the users, see User Profiles and Tasks.

Example

In an organization that manufactures small cars, Steve is the data steward for the marketing team. The marketing team analyzes the market and creates charts for demand trends. Steve has maintained his team's research data in Axon and tagged the data with up-to-date Axon values. The marketing team decides to make the data for demand trends available to other teams in the organization. Steve identifies the data sets in Axon that might be useful for other teams, and attaches the relevant terms and conditions to the data sets. The data is now ready for use by other business teams in the organization. Steve is the Data Owner of the data.
The Data Marketplace Administrator publishes the data sets to the "Demand Trends" collection within the "Marketing" category of the Data Marketplace. Steve also adds a descriptive note to the collection so that other users of the Data Marketplace might find it easily.
Jane is an operations manager in the organization. She wants to analyze the customer demand for cars so that she can identify seasonal patterns and adjust the volume of production. She searches for "demand" in the Data Marketplace, and sees the "Demand Trends" collection that the Data Marketplace Administrator has published. Jane selects the data collection, sees the list of data sets, and decides that she needs this data for her analysis. Jane is the Data Consumer for the data.
Jane uses the checkout process in the Data Marketplace to request for access to the data. Steve can see in the Data Marketplace that Jane wants access to the data. Steve approves Jane's request.
Peter is the database administrator for the marketing team, and he is the designated Technical Owner for the data in Axon. Peter can see in the Data Marketplace that Steve has approved Jane's request for the marketing data. Peter grants Jane access to the data. After delivering the data to Jane, Peter marks the order as fulfilled in the Data Marketplace.
The order is now fulfilled. Axon maintains a history of this order. Jane can use the demand trend charts to optimize inventory, avoid wastage, and reduce costs. After the analysis is complete, Jane can inform Steve that she no longer needs access to the data. Steve revokes Jane's access, and Peter can remove Jane's access to the data.