Skip to main content

Data based service models require to understand the data value chain

All innovators and seekers of new data-driven services are searching for ideas that have 4 characteristics:

Data driven service has value for the user of the data, in other terms he needs to be ready either to pay for the data or to exchange something that has value for the seller of the data;

Data driven service needs to be viable in the long run, as many data based services require development and investment, the business model needs to be sustainable in the long term;

Data driven services need to be lawful and respectful of data rights therefore requiring to pro tect user and provider rights;

Data driven services need to be feasible, both technologically but also from a quantitative and qualitative standpoint

Therefore a 3-step approach is recommended:

1. Alignment around a common understanding of which industry trends we want to capitalize,
exploring the ecosystem or adjacent businesses and identifying new value generators.

2. On the other end, generating ideas around new business models of the data users or clients requiring access to data.

3. Acceleration and actionable plans by demonstrating the technology with prototypes, MVPs
and business modeling.

Data based service models require to understand the data value chain

All innovators and seekers of new data-driven services are searching for ideas that have 4 characteristics:

Data driven service has value for the user of the data, in other terms he needs to be ready either to pay for the data or to exchange something that has value for the seller of the data;

Data driven service needs to be viable in the long run, as many data based services require development and investment, the business model needs to be sustainable in the long term;

Data driven services need to be lawful and respectful of data rights therefore requiring to pro tect user and provider rights;

Data driven services need to be feasible, both technologically but also from a quantitative and qualitative standpoint

Therefore a 3-step approach is recommended:

1. Alignment around a common understanding of which industry trends we want to capitalize,
exploring the ecosystem or adjacent businesses and identifying new value generators.

2. On the other end, generating ideas around new business models of the data users or clients requiring access to data.

3. Acceleration and actionable plans by demonstrating the technology with prototypes, MVPs
and business modeling.

Alignment around a common understanding

Wich data:

People

Things

Flow

Which industry trend:

Shared, social and sustainable economy

Remote operations, service and outsourcing

Grid, communities, crowd funding

Which expected benefits:

Redefining user experience

Personalization of service

Frictionless, one stop shop

Prediction, statistics based on rich data

Generating ideas around new business models

Business model

How do you make money

What is being exchanged or traded

How do you close the business loop

Business flows

Value proposition

Commununity and client access

Personas and client segments

Partners and data exchange potential

Business flows

Pay per use

Pay per time

Data against services

Freemium

Pay what you want

Yield based pricing

Etc.

Acceleration by demonstrating MVP

Choose a real concrete use case based on the business model chosen

Set a reasonable time frame to keep momentum and test the idea

Define clear deliverables and expectations

Involve the company, its capabilities to produce the data or to process data, its current processes and its people

Stay focused on the data model you are trying to test

Data protection and security: essential to bring trust

Implement measures against data fraud

Protect personal data against attacks

Ensure portability security (gdpr)

Protect exchange and flows of data on the move (hacking)

Alignment around a common understanding

Wich data:

People

Things

Flow

Which industry trend:

Shared, social and sustainable economy

Remote operations, service and outsourcing

Grid, communities, crowd funding

Which expected benefits:

Redefining user experience

Personalization of service

Frictionless, one stop shop

Prediction, statistics based on rich data

Generating ideas around new business models

Business model

How do you make money

What is being exchanged or traded

How do you close the business loop

Business flows

Value proposition

Commununity and client access

Personas and client segments

Partners and data exchange potential

Business flows

Pay per use

Pay per time

Data against services

Freemium

Pay what you want

Yield based pricing

Etc.

Acceleration by demonstrating MVP

Choose a real concrete use case based on the business model chosen

Set a reasonable time frame to keep momentum and test the idea

Define clear deliverables and expectations

Involve the company, its capabilities to produce the data or to process data, its current processes and its people

Stay focused on the data model you are trying to test

Data protection and security: essential to bring trust

Implement measures against data fraud

Protect personal data against attacks

Ensure portability security (gdpr)

Protect exchange and flows of data on the move (hacking)

CCTV BECOMES COMPUTER VISION

With the advent of IP cameras, deep learning and machine learning as well as stability and security of networks, the way to process images has adopted artificial intelligence and neuronal networks.

+

DIGITAL IDENTITY IS AN E-SERVICE ENABLER IF HANDLED WELL

The lifecycle of identity is at the crossroadof legal, economic and technical security.

+

CCTV BECOMES COMPUTER VISION

With the advent of IP cameras, deep learning and machine learning as well as stability and security of networks, the way to process images has adopted artificial intelligence and neuronal networks.

+

DIGITAL IDENTITY IS AN E-SERVICE ENABLER IF HANDLED WELL

The lifecycle of identity is at the crossroadof legal, economic and technical security.

+