Midata Innovation Lab Launches. By Alan Mitchell at Ctrl-Shift. Pull-quotage:
The Lab is a world first in three ways.
- It’s the first time individuals will be empowered as the point of integration of data about their own lives. Financial transactions, energy consumption data, phone data and lots of other data sets including previously uncollected data such as individuals’ plans, preferences and intentions will be gathered and orchestrated by individuals, around those individuals.
- It’s the first time that some of the infrastructure individuals can use to protect, manage and control the sharing of this data will be tested in anger: personal data stores.
- And, for the first time, organisations will be able to play with the data, on a permissioned and controlled basis – data that gives them a genuine single customer view, a view that spans many aspects of the individual’s life, not just relating to their dealings with that organisation – to innovate new services.
Follow the Midata project at @midataBIS, and visit Midatalab.org.uk.
Also by Alan and Ctrl-Shift: How to value personal data.
Personal Cloud London Meet-up: Thursday, July 11, 2013 from 6:00 PM to 9:00 PM (BST). Hosted by Iain Henderson and Peter Stepman.
Personal Data and CloudOS, by Phil Windley. Pull-quote: “You could imagine things like openPDS or personal.com serving as a foundational store for the CloudOS PDS without applications needing to understand or know their specific APIs. I recently demonstrated how Dropbox can be linked into CloudOS. The PDS could provide a consistent API for some or all of these.” Also by Phil: Facebook for my stuff.
Start controlling your data, by Jay Deragon. Pull-quotage:
…our medical records are stuck in silos and difficult for different providers to access. Yet patients do have rights to their records and because of technology you can collect and store your records (medications, health history, treating physicians, hospitals, recent lab reports etc. etc. on a wristband or a necklace in a tiny USB Medical Alert Drive. Think about downloading this kind of data to a cloud and having it accessible through a device you wear.
There are other tools in the marketplace for users to begin to gather their own data but it is still far from what should be made available if only the suppliers understood the value they could create by unleashing data from their silos. Anytime you create more value for buyers and value that saves them time, money and enhances their life you are do so by enabling them to do it with their own data.
That is the opposite of using the buyer’s data to create more value for limited selfish gains and calling it competitive advantage. By empowering the buyer with their own data you are in fact creating more value for your business by expanding your marketplace.
That is called creating intangible value. Of course that is something you can’t see but know it is real and must believe it is so in order to see and make it tangible.
Lunch with Alibaba: If C2B Replaces B2C, Then What Happens to B2B?. By Michael Cole in Mingtiandi. Pull-quote: “According to Zeng’s vision, e-commerce in China, and around the world, is moving toward a Dell-style model, which he terms C2B because it is driven by the consumer, wherein the buyer makes the decisions about what is on offer, and companies will compete to supply these products in the fastest time and at the lowest price.”
Centrify CEO on Dropbox, KNOX, Microsoft, and the future of identity, by Matt Rosoff in CiteWorld. Pull-quote: “Soon, we’ll have to add another ‘BYO’ to the list — BYO Identity.”
Exchange Rate: Want someone’s data? Then what are you going to offer them in return? Colin Strong examines the quid pro quos of the Intention Economy. By Colin Strong in Research. Pull-quote: “Will the emerging personal data ecosystem make people less likely to simply give away their information to research firms?”
CVS App Brings Home Hard-To-Get CRM Data, by Evan Schuman in StoreforntBacktalk. @tdotrob calls it “an article straight from The Twilight Zone “.
What can people do with data that companies can’t? By Cheryl Snapp Connor in Forbes. Pull-quote: “Think about how much better we could be as customers if we — and companies we hire to help us — had access to all the data collected from us. We could look not only at how we spend our money, but at how we can spend it better. We could get a lot smarter, and so would the companies with which we have genuine rather than coerced relationships. And we could do betterintentcasting: that is, advertising exactly what we want, to the open marketplace, favoring companies we know will respect us. This would eliminate a huge amount of guesswork on the marketing side. I mean, who better to qualify us as a lead than each of us ourselves?”
July 22, 2013 at 10:25 am
Interesting thoughts. It will be exciting to see how personal data becomes better aggregated and useable for people to derive value from. Check out http://delray.io/ for an easy to use tool to transform and combine data for meaningful outputs.