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How does a data provider prevent someone from copying the data from their S3 bucket into a new one, then cancelling the subscription and owning the data forever
by borramakot 7y ago
How does a data provider prevent someone from copying the data from their S3 bucket into a new one, then cancelling the subscription and owning the data forever?
- markolschesky 7y agoAt least in the case of subscriptions I looked at: 1) It's a continually updated file, so if you didn't subscribe you wouldn't get new data weekly/monthly. Likely the subscription aligns with the data refreshes for most products. 2) It's a one-time fee with a hefty cost attached (I saw some healthcare data sets that were $100K+). You are paying for that in its entirely and just have data rights to it.
- maximegarcia 7y agoOn one of the example, the update is « quarterly »...
- thedudeabides5 7y agoUsually the 'backhistory' of data is only of limited value. For use in real world applications in finance, consulting or business decisions, the last data point is usually pretty important. Think of the price for data on the prices of stocks. If you want to know what AAPL traded at one month ago, that's free, if you want to know what it traded at 15min ago, that's $25k, and if you want a feed which shows the actual bids and offers, that will run you $2-15mm + infrastructure.