{"id":637274,"date":"2021-10-13T14:04:00","date_gmt":"2021-10-13T14:04:00","guid":{"rendered":"https:\/\/www.capgemini.com\/no-no\/?p=637274"},"modified":"2025-03-20T04:08:41","modified_gmt":"2025-03-20T04:08:41","slug":"collaborative-data-ecosystems","status":"publish","type":"post","link":"https:\/\/www.capgemini.com\/no-no\/insights\/expert-perspectives\/collaborative-data-ecosystems\/","title":{"rendered":"Data ecosystems on the rise"},"content":{"rendered":"\n

data ecosystems on the rise<\/h1><\/div><\/div><\/div><\/div>
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ÎÚÑ»´«Ã½<\/h5>
2021-10-13<\/h5><\/div><\/div>
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Defining data ecosystems The ÎÚÑ»´«Ã½ Research Institute (CRI) defines a data ecosystem as a partnership between multiple institutions to share and manage data to create new value that would not have been possible in the previous, siloed system.\u201d Data sharing is based on mutual value exchange, thus making data more beneficial for all participants. Data coming from a variety of sources also enhances the diversity of information and increases inclusivity for all individuals, consumers, and citizens. This sharing happens in compliance with all local regulations and guidelines, and in an anonymous and aggregate manner (especially for personal data). In a typical data ecosystem, multiple organizations, contributors, aggregators, and user organizations come together to facilitate data sharing and provide value.<\/p>\n\n\n\n

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Data ecosystems are on the rise<\/strong><\/h3>\n\n\n\n

Data ecosystems help in building economies of scale and a collaboration network. Many organizations with similar interests join ecosystems to pursue common goals. According to recent work by the ÎÚÑ»´«Ã½ Research Institute, 77 percent of organizations globally engage in some form of the data ecosystem and two in three of these organizations (66 percent) see that there has been a renewed interest in engaging with data ecosystems in the last one to three years. Forty-eight percent of organizations plan to launch new data-ecosystem initiatives in the near future, and 25 percent of organizations will invest upwards of $50 million in data ecosystems in the next two to three years.<\/p>\n\n\n\n

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Data ecosystems offer benefits across operating models for positive business impact and societal good. According to the ÎÚÑ»´«Ã½ Research Institute study, organizations have improved customer satisfaction by 15 percent, improved productivity and efficiency by 14 percent, and reduced costs by 11 percent annually in the last two to three years by engaging in data ecosystems.<\/p>\n\n\n\n

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Types of data ecosystems<\/strong><\/h3>\n\n\n\n

In this article, we focus on two types of data ecosystems:<\/p>\n\n\n\n

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  1. Industry data ecosystems \u2013 We have seen an emergence of sector-specific data ecosystems across a range of industries, from financial services to auto to aviation.<\/li>\n\n\n\n
  2. Open data ecosystems \u2013 Typically, these are organizations that share data in the open for societal benefits.<\/li>\n<\/ol>\n\n\n\n

    There are other types of data ecosystems as well. The recent study \u2018Data sharing masters: How smart organizations use data ecosystems to gain an unbeatable competitive edge\u2019 <\/a>describes all of them in detail:<\/p>\n\n\n\n