11 February 2022 | By David Maher
The era of big data and the cloud has hit an impasse. We’ve essentially just recreated our previous silos of data by stuffing even more data into cloud repositories. To truly realize the opportunities promised by the big data movement, we have to move to the next level. This won’t be large standalone silos of data controlled by one organization—the next level will be data cooperatives supported by trusted data exchanges built on distributed data sets.
One major issue has stymied big data projects. New revenue streams as well as the vast new businesses made possible by the increased use of data come only when multiple stakeholders can both contribute data and collaborate in its use. These stakeholders not only include business partners but also regulators, consumers, and even potentially, competitors.
Read the full article at Tech Talk.