In episode 76 of the Acceleration Economy Minute, Kieron Allen discusses Databricks, which is one of the Top 10 Data Modernization shortlist companies.
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00:37 — Databricks has announced the public preview of its Databricks Marketplace. In short, this is an open marketplace where data consumers and providers can easily find, share, and utilize data, ML models, dashboards, apps, and more.
Which companies are the most important vendors in data? Check out the Acceleration Economy Data Modernization Top 10 Shortlist.
01:03 — From the provider perspective, the Databricks Marketplace helps overcome stubborn roadblocks such as limited opportunities in monetizing new assets and difficulty in reaching users securely across platforms. It also targets a lack of secure technology and unified governance. Databricks Marketplace is powered by Delta Sharing, Databricks’ open standard for the secure sharing of data assets. “Because it’s built on open standards, providers can monetize [their assets] without any platform dependence, ETL, or replication” and can do so across any cloud, Kieron explains.
01:37 — Consumers also benefit by gaining wider access to a greater set of data assets without vendor lock-in. Databricks has made a significant leap forward by opening up the possibilities for both consumers and providers in offering an open, easily accessible marketplace for the tools and solutions that drive innovation, which go far beyond standard datasets.
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