Qantas to extract all it can from data exchange investment
Qantas is hoping to extract more value from its multi-million dollar investment into start-up Data Republic, unveiling plans to hire a new senior manager to develop data products on the technology platform. The airline’s loyalty division joined NAB Ventures and Westpac’s Reinventure Fund in contributing to a US$10.5m round of series A funding for the Sydney-based start-up in May last year. Data Republic operates a collaborative platform that enables companies and govts to securely exchange data. Qantas Loyalty has contributed “anonymous, segment-level insights data” to the platform as part of its investment, and its CIO Sam Charmand is a non-executive director of the start-up. However, the airline is now looking at what it can do to maximise its return from this investment and participation in Data Republic. <br/>
https://portal.staralliance.com/imagelibrary/news/hot-topics/2017-01-13/oneworld/qantas-to-extract-all-it-can-from-data-exchange-investment
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Qantas to extract all it can from data exchange investment
Qantas is hoping to extract more value from its multi-million dollar investment into start-up Data Republic, unveiling plans to hire a new senior manager to develop data products on the technology platform. The airline’s loyalty division joined NAB Ventures and Westpac’s Reinventure Fund in contributing to a US$10.5m round of series A funding for the Sydney-based start-up in May last year. Data Republic operates a collaborative platform that enables companies and govts to securely exchange data. Qantas Loyalty has contributed “anonymous, segment-level insights data” to the platform as part of its investment, and its CIO Sam Charmand is a non-executive director of the start-up. However, the airline is now looking at what it can do to maximise its return from this investment and participation in Data Republic. <br/>
