BESSEMER CLOUD COMPUTING LAW #8:

Leverage and monetize the data asset.



While Cloud Computing is about providing a subscription service to your customers, one of the happy consequences is that you end up hosting their data. This becomes a critical asset that you can monetize by increasing the value of your offering; by leveraging it across your customer base in the form of benchmarks; or for specific businesses, by using the data to generate leads (within the contracted obligations). In these difficult economic times, where prices are under pressure and customers are tightening their budgets, data can be a difference maker.

As a Cloud Computing service, your company captures a lot of business information on each individual customer, information that is typically peripheral to the delivery of your service, but could be very interesting for your customer’s executives. This information can generally be packaged and synthesized into a set of management dashboards that you can provide