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PRICING DATA ACCORDING TO QUALITATIVE IMPROVEMENT IN A QUERY RESULT SET

  • US 20150199735A1
  • Filed: 01/13/2014
  • Published: 07/16/2015
  • Est. Priority Date: 01/13/2014
  • Status: Active Application
First Claim
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1. A method for pricing data according to a qualitative improvement of a result from using the data, the method comprising:

  • identifying, a set of data cubes according to a set of cube selection parameters, wherein a data cube in the set of data cubes comprises a quantum of data configured for trading in exchange for a payment, the set of data cubes being usable for answering a query;

    selecting a first subset of qualified data cubes from the set of data cubes, wherein a first subset of needed data cubes from the first subset of data cubes is usable to execute the query and form an unimproved result set for a first price, the unimproved result set achieving a first value of a qualitative aspect;

    selecting a second subset of participating data cubes from the first subset of qualified data cubes;

    computing, using a processor and a memory, a second value of the qualitative aspect of a result set of the query, wherein at least a portion of the second value of the qualitative aspect is contributed by a participating data cube from the second subset, the portion forming a degree of qualitative contribution of the participating data cube, wherein the second value of the qualitative aspect of the result set exceeds the first value of the qualitative aspect of the unimproved result set;

    adjusting a price of the participating data cube according to the degree of qualitative contribution of the participating data cube, forming an improvement-based adjusted price;

    computing a total price of using the second subset of participating data cubes for the query, the computing including the improvement-based adjusted price; and

    comparatively presenting the second subset of participating data cubes, the result set, the second value of the qualitative aspect, and the total price of using the second subset of participating data cubes for the query, in comparison with the first price and the first value of the qualitative aspect.

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