Amazon web service launches AWS Data Exchange

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Amazon Web Service or simply AWS is a subsidiary of Amazon. It provides cloud computing solutions and APIs(Application programming interface). Its target customers include enterprises, scientific researchers, and academic institutions and many others. Today Amazon announced they are making the data exchange with third parties easier for customers with AWS Data Exchange.

AWS Data Exchange general manager Stephen Orban said “Customers have asked us for an easier way to find, subscribe to, and integrate diverse data sets into the applications, analytics, and machine-learning models they’re running on AWS. Unfortunately, the way customers exchange data hasn’t evolved much in the last 20 years.”

He added, “AWS Data Exchange gives our customers the ability to quickly integrate third-party data in the workloads they’re migrating to the cloud while giving qualified data providers a modern and secure way to package, deliver, and reach the millions of AWS customers worldwide.”

Reuters, Change Healthcare, Dun & Bradstreet, Foursquare, Deloitte, and Pitney Bowes are among some of 80 qualified data providers, they have been named as initial participants of the Data Exchange program. They will use the program to publish free or paid products under the terms of use they specify. The data providers will also be able to issue private offers with custom terms for specific AWS customers.

This new service from AWS will help millions of AWS customers to securely find, subscribe to, and use third-party data in the cloud. According to a press release from BusinessWire  AWS Data Exchange enables customers to subscribe third-party data sources in AWS Marketplace. Once subscribed, they’re able to use the AWS Data Exchange API or console to bring the data directly into Amazon Simple Storage Service. Each time a provider publishes a new revision of their data, AWS Data Exchange will notify them via a CloudWatch Event so that the revision can be propagated to applicable data lakes, apps, and AI models.

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