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Introduction :-
Cities around the world have learned that they possess a new valuable asset, namely the data generated by their various departments and agencies with each data set having its own security and privacy consideration, as well as commercial, monetary or subscription aspects. Cities such as Copenhagen, and Manchester have taken ownership of their data assets by creating data exchanges, which are software platforms that allow controlled sharing of data by providing common ways of accessing and representing the data
An important idea behind a data exchange is that data silos are actually not a bad thing, as each silo often represents a domain-optimized service that performs that function very well. Instead of breaking silos or moving data into a central repository, this approach chooses to interconnect the disparate and distributed entities through a common data exchange.
In addition, there is an opportunity for third-party providers of data, or third-party providers of data analytics or data annotation, to participate in what becomes a data marketplace.
ICCC
India Urban Data Exchange :
Advantage of IUDX :
Concern and Way Forward :
By: Shashank Shekhar ProfileResourcesReport error
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