A Smart Living Data Ecosystem to Promote Health and Sustainability
Description
Data is the raw material for data-driven innovation such as AI-based services. Thus, access to large amounts of data has evolved as an essential, strategic resource for companies. Unfortunately, data is often locked in proprietary data silos which hinders their economic and social potential to fully unfold. Moreover, in many markets the access to data is highly skewed giving gatekeepers owning vast amounts of data a competitive edge in data-driven innovations, especially regarding artificial intelligence (AI). Thus, for competitors or new market entrants these large, proprietary data silos owned bygatekeepers have erected high barriers for innovation and have led to a skewed level playing field.
To tackle the trend of emerging data silos the concept of data ecosystems has emerged—a dynamic and interconnected web of data sources, processes, and stakeholders. These ecosystems are characterized by the seamless flow of information across various channels and platforms, fostering an environment where data is not merely a static asset but a living, breathing entity with the potential to drive innovation and decision-making.
Data ecosystems encompass a diverse array of components, including dataspaces, cloud services, analytics tools, and the individuals who generate, manage, and utilize data. The interplay of these elements creates a symbiotic relationship that goes beyond traditional data silos, enabling a holistic approach to information management. As organizations increasingly recognize the strategic value of data, the concept of data ecosystems becomes paramount in understanding how data moves, evolves, and adds value throughout its lifecycle. The rise of big data, AI, and the Internet of Things has further accelerated the complexity and scale of data ecosystems, demanding a nuanced understanding of their intricacies. In this context, exploring the challenges and opportunities within data ecosystems becomes imperative for businesses and policymakers alike.
In the context of the Project Foresight Next an ecosystem is to be established that emphasizes on smart health and smart energy use cases facilitated by intelligent algorithms. Besides the technical challenges the focus is also set on the governance and business logic, within the ecosystem, as well as the general acceptance of the offered services and business models among all stakeholders.
Goal
The goal is to create a Smart Living ecosystem tailored to the needs of all market participants. Thereby all data can be found in a way that makes them universally usable across manufacturers and systems for the development and dissemination of sustainable, AI-based Smart Living services and applications, ensuring trustworthiness. Our emphasis is thereby set on establishing sound governance mechanisms based on the associated rules and roles within the ecosystem. On top of that we determine suitable business models for different ecosystem participants to ensure the ecosystem’s economic attractiveness. Lastly, we develop a framework to evaluate the acceptance of services among users to facilitate perceived benefit.
Funding
Federal Ministry for Economic Affairs and Climate Action