When music analytics platform Soundcharts launched its new service last month – complete with an overhaul of its pricing and data sets – David Weiszfeld, Founder & CEO of Soundcharts, detailed his philosophy on data sharing.

“The music industry is a network of interconnected teams working on separate artist’s careers,” he said at the time. “Record labels, agents, promoters and managers constantly need to share real-time information on artists and market trends. Our new philosophy puts the artists centre stage, allowing their teams to collaborate at no extra cost.”

Just over a week later (and three years since its inception), the service which brings together real-time and historical music consumption data from charts, airplay, playlists and social networks is a weapon for any industry sector’s arsenal.

The French company monitors 1,800 stations in 47 countries, tracks 2 million artists, and features real-time data from over 8,800 charts.

David Weiszfeld is headed to Australia next month for music conference FastForward Sydney, where he’ll show us the value of automated reporting.

In the below chat with TIO, Weiszfeld tells us the two big reasons leading music companies like the majors use Soundcharts, why it’s not a typical music company, and what he learned from the Techstars music incubator.

Tell us about the new platform. Why does the Australian music industry need to know about it?

As digital made the world smaller, we want everyone to have a real-time perspective on the world of music.