- Lack of a consistent approach in accessing internal and external data within the organization and sharing data with third parties.
- Data consumed by most organizations lacks proper data quality, data certification, standards tractability, and lineage.
- Organizations are looking for guidance in terms of readily accessible data from others and data that can be shared with others or monetized.
Our Advice
Critical Insight
- Despite data being everywhere, most organizations struggle to find accurate, trustworthy, and meaningful data when required.
- Connecting to data should be as easy as connecting to the internet. This is achievable if all organizations start participating in the data marketplace ecosystem by leveraging a Data-as-a-Service (DaaS) framework.
Impact and Result
- Data marketplaces facilitate data sharing between the data producer and the data consumer. The data product must be carefully designed to truly benefit in today’s connected data ecosystem.
- Follow Info-Tech’s step-by-step approach to establish your DaaS framework:
- Understand Data Ecosystem
- Design Data Products
- Establish DaaS framework