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AWS Data Exchange Access Third Party Data In The Cloud Amazon Web Services

Posted on August 24, 2020

AWS Data Exchange makes it easy in finding, enroll in, and use third party data in the cloud. Qualified data providers come with class most popular brands akin to Reuters, who curate data from over 2. 2 million unique news thoughts per year in multiple languages; Change Healthcare, who process and anonymize more than 14 billion healthcare transactions and $1 trillion in claims annually; Dun and Bradstreet, who hold a database of greater than 330 million global business statistics; and Foursquare, whose location data is derived from 220 million unique buyers and contains greater than 60 million global advertisement venues. Once subscribed to a data product, that you can use the AWS Data Exchange API to load data without delay into Amazon S3 and then examine it with a wide variety of AWS analytics and laptop learning services. For example, assets insurers can join data to examine old climate styles to calibrate coverage insurance requirements in various geographies; restaurants can join population and vicinity data to identify superior areas for growth; tutorial researchers can behavior stories on local weather change by subscribing to data on carbon dioxide emissions; and healthcare experts can join aggregated data from historical medical trials to accelerate their analysis activities.

Banks, insurers, and asset managers can use AWS Data Exchange to enroll in merchandise containing market data, news documents, compensation benchmarks, industry profiles, agency sentiments, and more. These clients can seamlessly combine the info they enroll in with their very own data to power the portfolio risk modeling, buying and selling ideas, and advisory facilities they are migrating to the cloud. Customers can also combine these traditional monetary data sources with choice non financial data sets corresponding to places of attention visitation and aggregated demographics data. Consumer and retail companies can use AWS Data Exchange to find and subscribe to a variety region, stream, weather, and industry profiling data. They can then mix it with their own data to better bear in mind client segmentation, enhance channel method, expand product choices, and optimize advertising campaigns.

For instance, agents can use aggregated demographics and visitation data to size target audience segments and identify where to put money into more retail destinations. Retailers also can use climate forecast data to anticipate purchaser needs and optimize stock making plans. Visitation data also can help retailers adjust staffing levels to satisfy fluctuations admired for his or her retail destinations.

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