Drive Growth with Data-Driven Insights from the Hospitality Sector
Databiite offers vital data insights to help you invest, plan, and succeed in the hospitality industry.
Who are the Data Miners?
A Miner is a user within the ecosystem who is accessing the secure data as a third party. They do not contribute to the creation of data within the system but can read from the transformed Gatherer data.
With Databiite, you gain real-time access to valuable data that the industry currently lacks. Our Miners include investors, banks, government bodies, and industry suppliers who benefit from timely and detailed insights to make informed decisions and manage risks effectively.
The platform is approachable from a non technical perspective, allowing users to access data within the industry using a rules based user interface to generate queries and reports. Databiite has architected the platform to be nimble enough to evolve with users demands, where month to month and season to season reports can be updated and generated.
How databiite helps?
Currently within the hospitality industry data is held by the industry POS platforms as they provide the tools to store and use it. At databiite we have architected a system that allows for the democratisation of the data, allowing safe and cost effective access to gatherer basket data that is up to date, and region specific.
Databiite provides Miners with a powerful platform to access high-quality, up-to-date industry data. The key features that benefit Miners include:
- Comprehensive Data Access: Miners can access a vast repository of industry data collected from many Gatherers across all of their locations, ensuring they have the most relevant and current information available.
- User-Friendly Interface: The managed application interface allows Miners to run complex queries easily, even if they are not data experts.
- Advanced Analytics Tools: Miners can utilize built-in analytics tools to generate insights and create reports that support their decision-making processes.
Frequently asked questions
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What types of data can I access as a Miner?
You can access a wide range of industry data, including sales figures, market trends, and other relevant metrics collected from Gatherers in the hospitality sector.
How often is the data updated?
The data in the Databiite data lake is updated almost in real-time, ensuring you have the most current information available.
What kind of support is available for new Miners?
Databiite offers extensive training resources, user guides, and dedicated support to help new Miners get started and make the most of the platform.
Is there a fee for querying data?
Yes, there is a fee for querying data, which varies based on the complexity and volume of queries. Details of the charging model will be provided during onboarding.
How do revenue shares work?
Revenue shares are distributed to Gatherers based on the data queries made by Miners. The specific cadence and percentage of revenue share will be communicated to both parties as part of the agreement. This content provides a detailed overview of the Miners’ role within the Databiite ecosystem, addressing their specific needs and how the platform supports them.