Explain about AWS Data Exchange?
AWS Data Exchange is a new service that makes it easy for millions of AWS customers to securely find, subscribe to, and use third-party data in the cloud. Qualified data providers include Reuters, Foursquare, TransUnion, Change Healthcare, Virtusa, Pitney Bowes, TP ICAP, Vortexa, IMDb, Epsilon, Enigma, TruFactor, ADP, Dun & Bradstreet, Compagnie Financière Tradition, Verisk, Crux Informatics, TSX Inc., Acxiom, Rearc, and many others.
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Starting today, AWS customers can subscribe to a diverse selection of third-party data in AWS Marketplace. Data products cover a wide range of industries including financial services, healthcare, life sciences, geospatial, consumer, media & entertainment, and more. Prior to subscribing to a data product, customers can review the price and terms of use that providers make publicly available. Once subscribed, customers can use the AWS Data Exchange API or console to load data they subscribe to directly into Amazon S3 to use across the broadest and deepest portfolio of cloud services. Each time a provider publishes a new revision of their data, AWS Data Exchange notifies all subscribers via an Amazon CloudWatch Event, allowing them to automatically consume new revisions in their data lakes, applications, analytics, and machine-learning models running on AWS. Data subscription costs are consolidated in customers’ existing AWS invoice. Additionally, customers can ask their data providers to deliver their existing subscriptions to them using AWS Data Exchange at no cost. This enables customers to use AWS Data Exchange to consume all their third-party data in the AWS cloud using a single API.
For qualified data providers, AWS Data Exchange makes it easy to reach the millions of AWS customers migrating to the cloud by removing the need to build and maintain infrastructure for data storage, delivery, billing, and entitling. AWS knows that customers care deeply about privacy and data security. AWS Data Exchange prohibits sharing sensitive personal data (e.g. personal health information) as well as any personal data that is not already lawfully and publicly available. Qualified data providers can publish free or paid products under the terms of use they specify, and can issue private offers with custom terms for specific AWS customers. They can also choose to approve each subscription, allowing them to review intended uses cases or manage compliance needs. AWS Data Exchange provides qualified data providers with daily, weekly, and monthly reports detailing subscription activity, and handles associated billing, payment collection, and secure delivery of data to subscribers.
With this launch, AWS Data Exchange is available in the US East (N. Virginia), US East (Ohio), US West (N. California), US West (Oregon), Asia Pacific (Singapore), Asia Pacific (Tokyo), Asia Pacific (Sydney), Asia Pacific (Seoul), EU (Ireland), EU (Frankfurt), and EU (London) AWS regions.
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