Managing Director & Senior Partner, BCG Henderson Institute Fellow
But too often data remains stuck. While many companies are well underway on their digital journeys, organizations have yet to realize their data’s full potential, which can only come from their participation in the data economy. The data economy is increasingly based on data sharing in intercompany ecosystems, and growing it will require building new capabilities, harnessing emerging technologies for enablement, and defining new organizational and governance models to support greater collaboration. In this series of articles, we explore different aspects of unleashing the data economy. Topics include understanding what the data economy is and examining its value, the challenges of data sharing, and how firms can navigate the changing landscape of opportunity.
About the Podcast Series
This podcast series—brought to you by the BCG Henderson Institute—offers new perspectives on business, technology, economics, and science.
Click here to listen to the podcast series
The Future of Data Sharing
In this episode, we hear from Sandy Pentland, professor and cocreator of the MIT Media Lab, to learn about the frontier of AI and data sharing—and how we can mitigate the risks therein.
Listen to episode 7
How to Govern Data Sharing
Stefaan Verhulst, cofounder and chief R&D officer of the governance Lab at NYU, shares his thoughts on how to overcome the challenges of data sharing.
Listen to episode 6
How to Build a Data Platform
When building an ecosystem that relies on shared data, attracting partners is critical. Lane Arthur, the vice president of data, applications, and analytics at John Deere, describes how his company is tackling this challenge.
Listen to episode 5
How Data Sharing Builds Innovation
How Data Sharing Creates Societal Value
How Data Sharing Changes Business Strategy
How Data Sharing Creates Value for Customers
These features of data sharing are essential to achieve the true potential of the data economy.
Click on the data uses or data entities in the graphic below to explore a network of data sharing.
What is the path to a world of increased data sharing?
The BCG Henderson Institute is Boston Consulting Group’s strategy think tank, dedicated to exploring and developing valuable new insights from business, technology, and science by embracing the powerful technology of ideas. The Institute engages leaders in provocative discussion and experimentation to expand the boundaries of business theory and practice and to translate innovative ideas from within and beyond business. For more ideas and inspiration from the Institute, please visit our Latest Thinking page and follow us on LinkedIn and Twitter.