- Lack of a consistent approach in accessing internal and external data within the organization and sharing data with third parties.
- Data consumed by most organizations lacks proper data quality, data certification, standards tractability, and lineage.
- Organizations are looking for guidance in terms of readily accessible data from others and data that can be shared with others or monetized.
Our Advice
Critical Insight
- Despite data being everywhere, most organizations struggle to find accurate, trustworthy, and meaningful data when required.
- Connecting to data should be as easy as connecting to the internet. This is achievable if all organizations start participating in the data marketplace ecosystem by leveraging a Data-as-a-Service (DaaS) framework.
Impact and Result
- Data marketplaces facilitate data sharing between the data producer and the data consumer. The data product must be carefully designed to truly benefit in today’s connected data ecosystem.
- Follow Info-Tech’s step-by-step approach to establish your DaaS framework:
- Understand Data Ecosystem
- Design Data Products
- Establish DaaS framework
Member Testimonials
After each Info-Tech experience, we ask our members to quantify the real-time savings, monetary impact, and project improvements our research helped them achieve. See our top member experiences for this blueprint and what our clients have to say.
9.5/10
Overall Impact
$1,007
Average $ Saved
31
Average Days Saved
Client
Experience
Impact
$ Saved
Days Saved
University of Kansas Hospital Authority
Guided Implementation
9/10
$1,007
2
Great advice but struggled with relevancy of certain topics.
South African Reserve Bank
Guided Implementation
10/10
N/A
60
Great start.
Workshop: Design Data-as-a-Service
Workshops offer an easy way to accelerate your project. If you are unable to do the project yourself, and a Guided Implementation isn't enough, we offer low-cost delivery of our project workshops. We take you through every phase of your project and ensure that you have a roadmap in place to complete your project successfully.
Module 1: Data Marketplace and DaaS Explained
The Purpose
The purpose of this module is to provide a clear understanding of the key concepts such as data marketplace, data sharing, and data products.
Key Benefits Achieved
This module will provide clear benefits of adopting the DaaS framework and solid rationale for moving towards a more connected data ecosystem and avoiding data silos.
Activities
Outputs
Review the business context
Understand the data ecosystem
Draft products ideas and use cases
- Data product ideas
- Data sharing use cases
Capture data product metrics
- Data product metrics
Module 2: Design Data Product
The Purpose
The purpose of this module is to leverage design thinking methodology and templates to document the most important data products.
Key Benefits Achieved
Data products design that incorporates end-to-end customer journey and stakeholder map.
Activities
Outputs
Create a stakeholder map
Establish a persona
Data consumer journey map
Document data product design
- Data product design
Module 3: Assess Data Sources
The Purpose
The purpose of this module is to capture internal and external data sources critical to data product success.
Key Benefits Achieved
Break down silos by integrating internal and external data sources
Activities
Outputs
Review the conceptual data model
Map internal and external data sources
- Internal and external data sources relationship map
Document data sources
Module 4: Establish a DaaS Framework
The Purpose
The purpose of this module is to document end-to-end DaaS framework.
Key Benefits Achieved
End-to-end framework that breaks down silos and enables data product that can be exchanged for long-term success.
Activities
Outputs
Design target state DaaS framework
Document DaaS framework
Assess the gaps between current and target environments
- Target DaaS framework
Brainstorm initiatives to develop DaaS capabilities
- DaaS initiative