Recently, we have received several inquiries regarding the purchase of our database repositories and technologies. Therefore, I thought it pertinent to publish one of our proposals as an example of several options we are able to offer. Options outlined below range from the simple acquisition of parsed, normalized historical U.S. Customs data to the purchase /licensing and integration of our advanced Artificial Intelligence engine, accompanying technologies and related data repositories.
For an outline on the development of our innovative technologies check out this recent article. You may also want to check out our article on our database repositories and artificial intelligence engine.
Proposal for the purchase (licensing) of a complete duplicate normalized copy of the U.S. Customs AMS Waterborne Import Shipment databases. February 6, 2012.
We have used the actual cost of the raw data from U.S. Customs as a yard stick by which to establish valuation… without the attribution of processing, enhancements, related databases, or associated technologies.
The base cost of Raw Data from U.S. Customs/DHS for 1 year (365 days @$100 per day) is $36,500. The complete historical CenTradeX /World Trade Daily Customs Data Collection- acquired and processed daily from January 1, 2006 through August 18, 2010- cost us $160,900 (1,690 days @ $100).
Based upon this cost-value assumption, we have established the following framework for (non exclusive) licensing /purchase.
Option 1. Acquisition of processed, parsed, normalized data in a relational database without the addition associated company or reference databases; i.e. AMSTradeDataImport, along with three sub-options.
a. 1 year data (365 days) @ 33.3% base cost = $12,045
b. 2 years data (730 days) @ 25% base cost = $18,250
c. Complete Data collection of over 4 1/2 years data (1,690 days) @ 15% base cost = $24,135*
*The third option “c” comes with complimentary licenses to the Stats Plus or Prospects trade application for one year, subject to the PIERS EUA.
Option 2. Acquisition of the above ALONG WITH associated relational reference tables and international trade company databases; AMSReporting2 and associated tables as required.**
Please note that this option is only available for option “C” (the complete data collection) and will be calculated @ 30% base cost of raw Customs data (double the 15% factor outlined in 1.c.) = $48,270 total. This figure represents the total cost for both the complete Customs data collection AND all associated reference and company databases; NOT an amount added to the rate outlined in option “1.c.”
**Option 2 also includes a complementary one year PIERS license to either Prospects or Stats Plus as well as 20 hours of my consulting time on a complimentary, i.e. free, basis.
Option 3. Licensing of our A.I. (Artificial Intelligence) Engine – along with all scripts, documentation and associated databases needed to import, process and normalize new Customs data and connect it to company databases and reference tables.***
This option is only available with the acquisition of the complete Customs data collection (“1 -c”) AND (Option 2) associated company databases; i.e. AMSTradeDataImport, AMSReporting2, and other files as required. Pricing shall be calculated @60% base cost of raw Customs data (double 30% factor outlined in option #2) = $96,540* total. Again, this is total cost, not a cost in addition to the amount outlined in options #1 & 2.
***Option #3 will include 2 complimentary three-year licenses (through June 30, 2015); one for Stats Plus and one for Prospects, subject to the PIERS EUA. In addition, this option also includes 80 hours of my consulting time, to be arranged within a mutually agreeable schedule.
A fourth option, not outlined above, calls for the outright sale of our existing technologies and database repositories (on an exclusive basis) for $500,000. Consulting and application development services, if required, would be additional. Below, please find a diagram that depicts the process of transforming raw Customs data into Trade Intelligence.