EMERGINg DATA ECONOMY REQUIRES productized data
A couple of data economy enthusiasts in Finland have thought about forming a loosely coupled cooperative (Think tank) around data economy and deriving value from data. A think tank is an organization that gathers a group of interdisciplinary scholars to perform research around particular policies, issues or ideas.
What about Sitra's Fair Economy initiative? In our opinion it's good that we have multiple group which have slightly different focus. Sitra is more focused on mydata and fair data economy. Our Data Product Think Tank is focused on data product value chains, industrial data and data productizement processes as well as digital plumbing (APIs). In short, one of the fundamental key concept behind our thinking is that:
"Data Economy requires Productized data (products) and access (APIs). The added value is in the data which is packaged into easy to understand, buy and consume data products. Consumers are not buying APIs. APIs provide modern access to discover, purchase and consume given data products."
We are still in the early phase of organizing and the focus and activities are to be defined more thoroughly. We are going towards organising mini conferences, meetups and round tables. We would love to hear your ideas as well.