Frequently asked questions

Frequently asked questions

Where does the data come from?

This is the most frequently asked question by the user community. The answer is a perfect example of how the community has already driven change. The software now has an API to extract data from external databases. That has been proven with the US NIH Toxnet database. As users vote for other databases those connections will be programmed.

Additionally, data entered by the user community can be optionally shared with peer producers. Like SDSs, data is optionally shared via license - free or for a fee. For data, it can be done on a substance by substance basis. See Sharing in the User docs.

 

Could I retire on shared data fees?

A recent question - not frequently asked but interesting nonetheless!

"If I enter the raw data for a number of pure substances frequently used in mixtures and make them available as ingredient data, would that generate enough revenue for me to retire?"

Definitely yes. But there would need to be lots of people using that data in their mixtures. A small fee per year per substance and a growing roster of formulators will generate increasing annual revenue. In the long term there would be enough to retire on.

I suspect however that formulators may prefer to use data provided by their ingredient suppliers. But obviously, if your data is good and you maintain it and their current suppliers are not yet using SharedSDS there are definite opportunities for entrepreneurial chemists.

This is the sharing economy!

 

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