Streamr Launches Real-Time Data Marketplace, Announces Partnership with Nokia and OSIsoft
Major company milestone announced with Nokia and OSIsoft on stage at Consensus 2018 in New York
Zug, Switzerland – May 16, 2018 — Streamr, the blockchain-backed data platform, today launched its real-time data Marketplace that connects data producers and consumers. The launch took place on-stage at Consensus in New York, and was followed by the announcement of industry-leading partnerships with Nokia, the multinational telecommunications, information technology and consumer electronics company, and OSIsoft, the industry’s trusted leader in operational intelligence.
Streamr’s partnership with Nokia will see the development of the next generation of mobile base stations and enable Nokia customers to monetize their data while the partnership with OSIsoft will focus on enabling new business cases and data sharing solutions that are not currently available on the market. This announcement comes as Hewlett Packard Enterprise recently partnered with Streamr to monetize vehicle data in real-time.
Commenting on the announcement, Henri Pihkala, CEO of Streamr said, “The launch of our Marketplace represents a pivotal moment for our platform and underlines our commitment to driving the future of data utilization and monetization. To realize our vision of a sustainable, equitable, and efficient data economy, we needed to create a space in which buyers and sellers could come together freely, and today we have achieved just that.”
By partnering with Nokia, Streamr will play a role in building the next generation of mobile base stations. A multinational telecommunications, information technology and consumer electronics company, Nokia is shaping the technologies at the heart of the connected world to transform the human experience. By integrating Nokia’s Kuha transportable base stations into Streamr’s data Marketplace, Nokia customers will be able to monetize their data while receiving a better offer when it comes to connecting to a range of IoT sensors and devices. Users of the base stations will be able to buy and sell data worldwide.
“Providing smart mobile coverage for up to four billion individuals across the world is a major challenge and current solutions don’t go far enough. We recognize a growing movement of empowered mobile customers who want to control and monetize their own data. Our partnership with Streamr reflects our firm belief in the platform, as well as our commitment to better serve our customers,” said Martti Ylikoski, Radio System Evolution Lead at Nokia.
In addition, Streamr is partnering with OSIsoft to enable new business cases and data sharing solutions. A proven leader in enabling operational intelligence, OSIsoft delivers an open enterprise infrastructure and PI System to connect sensor-based data, systems, and people, resulting in real time, actionable insights that empower companies to optimize and transform their business.
OSIsoft own and run the software that powers plant information systems for over 1,000 leading utilities. OSIsoft’s PI System is a suite of software products that are used for data collection, historicizing, finding, analyzing, delivering, and visualizing. It is essentially an enterprise infrastructure for management of real-time data and events.
“By integrating OSIsoft’s PI System with the Streamr Marketplace, we take a step toward offering our customers the ability to share and monetize their operations data. The partnership with Streamr demonstrates how the PI system can plug into an open source platform and highlights our commitment to empowering our customers to maximize the value of their business operations data. Together with Streamr, we can be the enablers of innovation in the ever-evolving data market,” said Richard Beeson, CTO of OSIsoft.
“Today marks a hugely significant day in Streamr’s history, not only showcasing our platform to the world on-stage at Consensus but announcing two stellar partnerships that underline our bold ambition to build the world’s leading, citizen friendly, data ecosystem. It is a great honour to work alongside Nokia and OSIsoft and we look forward to shaping the future of the data economy,” added Pihkala.
Streamr is a blockchain-backed data platform based in Zug, Switzerland. Scheduled for launch in Q2 2018, Streamr’s real-time data Marketplace will allow users to trade information over their P2P data network using the DATA token as a means of payment. Streamr’s October crowdfund campaign raised $30 million USD in just over 24 hours.