Unleashing the Data Economy - collection of publications

Unleashing the Data Economy

Smart homes, the Internet of Things, social media, mobile applications, and other technologies are generating an unprecedented amount of data. However, despite its potential to unlock significant value and address large societal challenges, data doesn’t have any inherent value itself. Data only achieves value by being transformed into insights, applications, and services. While this process is often contained within individual companies, new applications and technologies are giving way to a new kind of value loop—one that spans across organizations.

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.

 

Why Do We Need a Data Economy?

 

Data Sharing, Past and Present

 

Requirements of a Vibrant Data Economy

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.

 

 

The Data Economy of the Future

What is the path to a world of increased data sharing?

 


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