How Can Companies Win Markets Using Data As A Service (daas) Adoption?

For turning on & off collecting data operations using one click of the button and having synthesized and well-structured ready-to-use data provided directly to the teams – Here are some examples of ‘superpowers’ extended using DaaS technology.

What is Data as a Service (DaaS)?

What is Data as a Service (DaaS)

Just like Software as a Service (SaaS), the concept of Data as a Service (DaaS) helps companies to outsource data collection to any third party. It means that companies will no longer require:

  • Dedicated DevOps and IT teams and engineers
  • In-house infrastructure
  • Spend a huge amount of time on data collection operations

By constructing on previously available data collection know-how, infrastructure, expertise, and technologies, DaaS helps companies by:

  • Allowing team members and managers to concentrate on main business procedures
  • Decreasing time from collecting data to data-based insights (encouraging to near zero potential)
  • Saving on resources and money while helping individuals in making strategic decisions depending on the real-time industry activities (both from the competitors and consumer-based standpoints)

How Companies are Using DaaS Tools for Better Return On Investment (ROI)?

DaaS tools are driving ROI in many ways:

Agile Scalability: It means that collecting data operations could be turned on or off with one click. It is wonderful for companies, which have constantly changing requirements. Therefore, in one month they might require to scan social media profiles to get relevant influencers to improve their marketing software, for instance, and in the next month, they might need a shorter ‘refresh’ to make sure that the data is updated. This helps companies to have control over their budget for data collection whereas spending money when it becomes required for the Proof of Concept, or any new customers in the unique or new industry.

Agile Scalability

Data Scraping Bypass: DaaS tools allow companies to get a no-code approach for collecting data, meaning that you won’t require any team of data acquisition professionals, which require to continuously write, as well as update code. Moreover, targeted sites, which companies need to scrape data from change website architectures regularly to make data collection procedures more complex. DaaS gives the opportunity of tapping into technology, which is updated daily having cutting edge revised logic so that the data streams never get interrupted.

Data Scraping Bypass

Click-and-Collect: DaaS provides you the capability of getting access to the data needed within a few easy clicks. Initially, you select your desired targeted sites, as well as data points in them. After that, choose the frequency at which you might like the collected data, as well as delivered (say, monthly, weekly, daily, or hourly) and your ideal delivery format (HTML, JSON, CSV, or XSLS). In conclusion, you select where you wish the data to get sent to (Amazon S3, webhook, email, Google Cloud, SFTP, API, or Microsoft Azure.)

Click-and-Collect:

Your targeted data points are ready to get analyzed or integrated with your proprietary systems, websites, as well as applications

DaaS Use Cases, Which Will Encourage Your Team

Let’s go through 3 use cases for helping you stimulate your thoughts, but remember that it is a completely customizable tool. Therefore, if data points that you follow are open-source, DaaS systems can get that on your behalf:

1. Digital Retail Copyright Infringement Restraint

Digital Retail Copyright Infringement Restraint

This company utilizes X-Byte’s DaaS solutions to scan search engines, marketplaces, websites, web forums, social media channels, etc. to recognize possible policy violations, infringements, product vendors, unauthorized content, as well as brand squatters.

2. Real-Time Dynamic Prices in the Traveling Sector

Real-Time Dynamic Prices in the Traveling Sector

This business utilizes X-Byte’s DaaS solutions for collecting prices of all travel agencies, as well as airline companies in real-time to keep their price lowest in the market. They incorporate all the industry prices for products offered (hotel rooms, car rentals, flights, as well as travel bundles) in the website’s dynamic produced pricing logic, to help them considerably increase the market share. Different marketing campaigns would also get benefitted from the newfound capability for beating any competing pricing, allowing them to utilize slogans like ‘lowest in the market’. It helps in driving extra traffic as well as conversions.

3. Company Data for Startups’ Success Forecast Models

Company Data for Startups’ Success Forecast Models

It is a platform for angel investors, hedge funds, as well as accelerators, who use X-Byte’s DaaS solutions to find company data as well as people data to offer insights through their platform. The data together with things like industry, team, as well as product info, empower a calculation tool, which helps in understanding the prospective success of all given startups in the respective industry.

Conclusion

DaaS solutions are transforming a way where companies source, as well as interrelate with data, this has now become a readily accessible commodity rather than a ‘hard-to-mine’ valuable metal. Using DaaS solutions will save sources – decreasing costs as well as data manpower while optimizing the time taken to get that from ideation to applications. DaaS will offer decision-makers using consumer, as well as competitor-based insights, which will eventually assist them in turning their products, teams, as well as companies into market leaders.

For more information about X-Byte Enterprise Crawling’s DaaS solutions or ask for a free quote!

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