FiscalNote NOTE, a leading AI-driven enterprise SaaS technology provider of global policy and market intelligence, has been selected as an inaugural launch partner for a new data marketplace created by Databricks. This partnership unlocks over 9,000 new customers for FiscalNote, driving new customer acquisition opportunities.
Databricks is a leading data, analytics and AI company that has introduced the Databricks Marketplace, a revolutionary platform for data providers and consumers. With the help of Delta Sharing, this marketplace facilitates the secure and seamless sharing of data products, empowering organizations to optimize their operations.
For data providers, Databricks Marketplace opens up new revenue opportunities by allowing them to monetize various data assets beyond traditional datasets. Providers can share data sets, ML models, notebooks, dashboards and more – expanding their reach and creating new business prospects. The platform also ensures secure sharing, eliminating the need for complex ETL processes or vendor lock-in.
Data consumers benefit from the Databricks Marketplace by gaining access to a vast array of data assets and solutions. They can explore and evaluate not only data sets but also ML models, notebooks, applications, and solutions. This access to a broader range of resources fuels innovation and advances their analytics, AI, and ML initiatives. Moreover, the marketplace's open approach and seamless integration across clouds and platforms prevent vendor lock-in, allowing consumers to work with their preferred tools and accelerate time-to-value.
“This partnership with Databricks expands on our recently announced relationships with marketplace leaders like Bloomberg, Peraton, and OpenAI, which taken together are a testament to the increasing demand for our innovative AI-powered solutions and robust library of trusted datasets,” said Josh Resnik, President & Chief Operating Officer of FiscalNote. “By adding this new distribution channel, we can efficiently reach Databricks’ more than 9,000 customers in order to drive new relationships and use cases, further helping inform mission-critical decisions across the globe.”
“We created Databricks Marketplace because we knew our customers were facing ongoing challenges and barriers in the process of securing third party data,” said Jay Bhankharia, Senior Director of Marketplace Partnerships, Databricks. “To address this, we created an open exchange and enlisted market leading data providers like FiscalNote to help launch the new platform. With its decade of experience aggregating and training models in the legal and political domain, AI pioneer FiscalNote is providing our Databricks Marketplace customers with unique insights designed to optimize their business objectives and better inform their decisions.”
Click here to learn more.
Featured photo by Chris Liverani on Unsplash.
This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.