pmdata.substack.com/p/a-pms-thoughts-on-data-contracts
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A data contract is part of the 2-sided marketplace that is a data platform. The contract has both a data producer, who needs to establish and meet the contract and the data consumer who helps clarify the needs of the contract. In this case, the consumer could be an end consumer (think BI analyst) or another data producer (think data engineer) who needs to use data provided by another upstream data producer.
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