Data Eco­sys­tems: Con­cep­tu­al Foun­da­ti­ons, Con­sti­tu­ents and Recom­men­da­ti­ons for Action

The pro­li­fe­ra­ti­on of digi­tal tech­no­lo­gies and arti­fi­ci­al intel­li­gence solu­ti­ons is acce­le­ra­ting busi­ness models cha­rac­te­ri­zed by steadi­ly increa­sing data traf­fic. Data is the stra­te­gic resour­ce for their suc­cess. Making the most of this valu­able resour­ce must be the goal of busi­ness eco­sys­tems.

The new report on “Data Eco­sys­tems” by the Fraun­ho­fer ISST ela­bo­ra­tes on the rising topic of data-dri­ven eco­sys­tems and how orga­ni­za­ti­ons can gene­ra­te more value of exis­ting data assets by using inter-orga­ni­za­tio­nal coope­ra­ti­on.

Data sover­eig­n­ty is a fun­da­men­tal ele­ment for data-dri­ven eco­sys­tems. The­re­fo­re, the report devo­tes an ent­i­re chap­ter to IDS: "IDS […] pro­vi­des a basis for crea­ting smart-ser­vice sce­n­a­ri­os and faci­li­ta­ting inno­va­ti­ve cross-com­pa­ny busi­ness pro­ces­ses, while gua­ran­te­eing data sover­eig­n­ty for data owners."

For the report: Data Eco­sys­tems: Con­cep­tu­al Foun­da­ti­ons, Con­sti­tu­ents and Recom­men­da­ti­ons for Actions