MWC 2019: Dawex to launch Private Data Exchange

Catherine Ryall - 22/02/19

Dawex will officially launch its Private Data Exchange service at the Mobile World Congress 2019 in hall 8.1D41, stand 10.

Intended for users who wish to use the platform in private mode, the service allows companies to exchange internal data free of charge or for a fee, between divisions or subsidiaries but also with private or public customers, suppliers and partners.

Dawex is a global platform where companies can source, market and exchange data directly and securely, in compliance with current regulations. Dawex does not buy or sell the data - companies retain complete control over all transactions. Dawex has teams located in France, Canada and the US.

Since 2017, more than 6,000 companies from more than 50 countries have registered on the platform. 10% of them are global companies, 45% are located in Europe and 35% in the US. They work across more than 20 sectors of activity.

"We are launching Private Data Exchange at MWC because the show is a reference for companies in the IOT sector, which is generating ever increasing amounts of data. This event is an opportunity for Dawex, as a data marketplace, to showcase its technology and promote its Private Data Exchange offering" said Fabrice Tocco, Co-CEO of Dawex.

The global market for data exchange and monetisation is growing rapidly via 4 main drivers:

• the continuous increase in the volume of data generated (accentuated by the democratization of connected objects and IoT technologies for companies)
• the maturity of data economies
• the exponential increase in the number of companies developing "data-driven" solutions and products and the emergence
• democratization of technologies consuming massive volumes of data (AI, machine learning).

It is expected to reach $500 billion by 2022 and $708 billion by 2025 according to Gartner, Forrester and McKinsey.

The revenues generated by the data commercialisation can allow a company to increase its turnover by over 20% while increasing their value by up to 25% (BCG, McKinsey).

In line with this growth, the market needs secure and organised environments such as the Dawex platform, where companies can meet, discuss, market and acquire data in total confidence, while at the same time reducing risk and costs.

Dawex will be exhibiting at MWC on the French Tech pavilion, Hall 8.1D41, stand 10.

For further information, please contact:

Fabrice Tocco, tocco@dawex.com
www.dawex.com

For futher information about this press release, please contact:

Catherine Ryall, Business France UK
catherine.ryall@businessfrance.fr

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The Tech Services and Press Department assists French companies with their international development strategy and promotes trade between France and the UK. In order to maximise commercial opportunities between French and British companies, the Department organises French Pavilions key exhibitions in the UK as well as meet-the-buyer events, and offers individual prospecting trips and exploratory missions. We cover various industries including telecommunications, audiovisual/multimedia services and technologies, video games, software and IT services, Internet services/technologies and e-commerce solutions, together with B2B services in marketing, HR, real estate as well as the financial sector.   Isabelle Tibayrenc Manager isabelle.tibayrenc @businessfrance.fr Tel: +44 (0)20 7024 3634 Teresa Marshall Senior Trade Development Adviser teresa.marshall@ubifrance.fr   Tel: +44 (0)20 7024 3644 Samy Kheloufi Trade Devel

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