07-12-2016 22:00 via theartnewspaper.com

How Big Data is set to change the art market

In late October, Sothebys announced it had acquired the Mei Moses Art Indices, a database of repeat auction sales that tracks value over time; shortly after, Artnet said it had brought Tutela Capital, an analytics firm headed by Fabian Bocart, into its portfolio, which also includes a sizeable database of auction prices. Each company has different aims, but one thing is clear: data will play a key role in how theyand the art marketmove forward.
Modernising operationsIn a 7 November call for inv
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