Data Sharing

The foundation of our future digital economy

In a world in which digital transactions generate huge volumes of data, the data economy is becoming the foundation of our digital economy. But for organisations, digital ecosystems and also the economy in general to optimally reap the benefits, data needs to be shared. ‘Data sharing’ is the process of making a particular data asset available to multiple applications, consumers, citizens, organisations and digital ecosystems, resulting in the value of that data asset being multiplied. Data sharing supports the creation of new AI models, the improvement of internal systems, the development of new client propositions and flourishing digital ecosystems. 

However, there are many barriers to data sharing, especially between organisations. Data privacy, data control, technological readiness, new and existing legal frameworks, data integrity and business models are all examples of challenges that need to be addressed before data can start flowing and the full potential of data can be realised. Key building blocks for overcoming these challenges include partnerships, new business models, privacy technology and trust frameworks. 

INNOPAY can support you with all of these building blocks. By applying our in-depth knowledge to your specific challenge, we co-create the right solution with you, including helping you to test new technologies and execute innovative ideas in practice. 

 

 

Data Sharing Expert Team

Maarten Bakker | INNOPAY
Maarten Bakker
Managing Partner
"Data sharing is the battleground of the next decade. The ability to share data with others within an ecosystem or value chain will continue to give rise to new business models and products."
Read more
Douwe Lycklama | INNOPAY
Douwe Lycklama
Founding Partner INNOPAY
"The next step in the evolution of our digital economy is towards the transactional internet, where success depends on people and organisations having control over their data. As a result, trust is shifting away from institutions towards infrastructure."
Read more
Mariane ter Veen | INNOPAY
Mariane ter Veen
Director l Lead Data Sharing
"I believe in a world where trusted data exchange is the key to unlocking new business models and reducing costs. To enable this, we should strive for data sovereignty, which gives people and organisations control over their data."
Read more
Vincent De Rijke
Vincent de Rijke
Manager
"Data sharing is a true enabler for innovating business models, scaling solutions and unlocking value for business and your customers. I believe that every company needs to have a strategy in place to make the most of the very real opportunities of data sharing."
Read more
Ruben van den Goorbergh | INNOPAY
Ruben van den Goorbergh
Consultant
"I believe that data sharing will spark innovation, cross-sectoral collaboration, and competition. This will lead to new business models and value creation that will benefit companies and individuals alike."
Read more
Mariane ter Veen | INNOPAY
More insight in our services?
Contact Mariane ter Veen
Send mail

Related content

Publication |
Blog
Restoring the data-benefit balance in the age of Meta’s choices
Meta’s recent message to its European users, offering them a monetary transaction choice, reflects the evolving landscape of digital consciousness. However, this transformation is not so much driven by Meta’s desire for better digital world, but mainly a response to European regulatory pressure. So to what extent does this move restore th...
read more
Publication |
Video
Threats and opportunities of Artificial Intelligence
In April of 2023, INNOPAY hosted in collaboration with De Nieuwe Wereld's YouTube channel and the University of Utrecht a talk show about the 'Threats and opportunities of Artificial Intelligence'.Journalist and philosopher Ad VerbruggeAd engaged in front of a live audience of Honours Program students from the University of Utrecht, in a ...
read more
Show all
Data Spaces Symposium
Event |
|
The Hague, The Netherlands
Data Spaces Symposium
INNOPAY's Douwe Lycklama will give a keynote speech during the Data Spaces Sympo...
read more
EU Data Summit
Event |
from till
|
Berlin
European Data Summit 2022
The 5th European Data Summit will take place from 30 November to 2 December in B...
read more
Digital shapers
Event |
|
Online
Why data sharing?
On Thursday 10 November, Digital Shapers is organising an interactive session on...
read more
Publication |
Video
High time for a new data economy: from centralised to decentralised
Despite legislation such as GDPR, people have lost the right to use and control their data, which is leading to growing resistance to data being collected and stored in central silos. At the same time, there is a paradigm shift from the centralised handling of data to a decentralised approach. Earlier this month, we organised a talk show...
read more
IDSA Winterdays
Event |
from till
|
Online
IDSA Winterdays 2022
Data spaces will be the leading topic of this year's International Data Spaces A...
read more
Publication |
Video
How should the retail sector react to the power of the Big Techs?
Retail is one of the industries that has been most dramatically transformed by the digital revolution in terms of the rise of e-commerce. Over the past two decades, there has been spectacular growth in online shopping which has changed the face of the retail landscape. This shift has been further strengthened and accelerated by the lockdo...
read more
Data protection
Event |
from till
|
Hotel van der Valk, Amstel, Amsterdam, The Netherlands
Data protection & privacy conference
The two-day Data Protection & Privacy conference focuses on changing laws an...
read more
Topic
Data Spaces
Data Spaces will be the next frontier in digital transformation for Europe
read more
Page
Data Sharing Glossary
In this fast paced data sharing world we often encounter unclear and inconsistent use of specific terminology. Find below our definitions and usages.
read more
IDSA logo
Event |
from till
|
Paris, France
IDSA Winterdays
Douwe Lycklama, co-founder of INNOPAY, will be one of the speakers at the IDSA W...
read more
Event |
|
Online
Data Sharing Academy
Our online ‘Data Sharing Academy’ workshop this coming on 19/03 for free. Anyone...
read more
Publication |
News
Seizing Smart Home opportunities with Open Retail
For the seventh year in a row, INNOPAY has contributed to the ShoppingTomorrow research programme by hosting the expert group ‘The Smart Home Journey’ together with Worldline. This was also the third consecutive year that the expert group researched the topic of Smart Home as the next level of commerce. Market research supports the concl...
read more
Publication |
Blog
7 steps towards giving your customers control over their data
Every minute, on a global level, people send 156 million emails, conduct over 3.5 million searches in Google, and order over US$250,000 worth of goods from Amazon. These are staggering numbers, and the exchange of data is set to continue to grow exponentially. Smart organisations realise the potential of this data and are continually loo...
read more
Publication |
Blog
PSD2 and Open Banking Use Cases for Insurers in an Open Data Economy
Legal drivers such as GDPR and PSD2 in Europe and CDR in Australia are enabling the customer with more ownership and control over its own data. As a result, the customer is increasingly empowered to more easily provide consent-based access to his/her data by a service provider of choice. This trend is accelerating across countries, indust...
read more
Publication |
Blog
Open banking is the start of something much bigger: an Open Data economy
Innovations are happening faster than ever in the world of payments and data, driven by a major trend towards providing consumers increasing control of their data. According to Vincent Jansen, Partner at INNOPAY, and his colleague Mounaim Cortet, head of Open Banking, Open Banking is actually the start of something much bigger: an Open Da...
read more
Publication |
Blog
Instant Payments makes data the new game for Corporate Treasury
The role of the corporate treasurer will change significantly with the transition towards an open, digital and data driven economy. Partially motivated by regulatory push (eg PSD2, GDPR), organisations are increasingly adopting new business models in which data is shared 24/7 to better respond to instant customer demand. This requires tre...
read more
Publication |
Blog
SAP community warming to iSHARE
Data sharing is extremely common among supply chain partners. Every company that uses SAP software is involved in some form of data sharing with customers, suppliers and/or service providers – but how can that be organized smartly and efficiently? Hewlett Packard Enterprise (HPE) recently organized a seminar on ‘Innovation for Digital Tra...
read more
Publication |
Blog
Unlocking opportunities in the API economy
This article was published in collaboration with Deutsche Bank. Market disruption, client evolution and regulatory change mean that the banking and corporate world is preparing for an API and Open Banking revolution. Making a success of it will require both collaboration and standardisation.
read more
Publication |
Blog
Digital consent management is key for data opportunities
During the last EBA Day (12 June), the Euro Banking Association published their thought leadership paper “B2B data sharing: digital consent management as a driver of data opportunities”. This paper is a joint effort of INNOPAY and the EBA’s Open Banking Working Group. Below you will find the executive summary of the paper, you can find th...
read more
Publication |
Blog
Customer data: old problems demand new solutions
Interested in the Audio version of this article? See bottom of this page. Exponential growth in the amount of digital transactions and customer data is causing organisations to fundamentally review how they will operate in future. As GDPR comes into force, companies need to accept that problems created by their use of customer data now r...
read more
Publication |
Blog
Join the co-creation of UNBIAS to revolutionise SME financing
SMEs in the Netherlands forfeit €1.2 bln in lost revenues each year due to the restricted availability of short-term financing. INNOPAY is leading an industry-wide project to support SMEs in accessing affordable financing through the co-creation of a scheme, or set of agreements, to encourage all players in the supply chain to share relia...
read more
Let's get in touch

Ready to do business with the experts at INNOPAY?

+31 20 6580651 info@innopay.com