Data Jackets for Synthesizing Values in the Market of Data

In order to make a social environment where analysts and decision makers in active businesses and sciences can be provided with data they need, we discuss why we should and how we can (re)design an environment called the market of data, where each user or provider of data can externalize and share t...

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Bibliographic Details
Published inProcedia computer science Vol. 22; pp. 709 - 716
Main Authors Ohsawa, Yukio, Kido, Hiroyuki, Hayashi, Teruaki, Liu, Chang
Format Journal Article
LanguageEnglish
Published Elsevier B.V 2013
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Summary:In order to make a social environment where analysts and decision makers in active businesses and sciences can be provided with data they need, we discuss why we should and how we can (re)design an environment called the market of data, where each user or provider of data can externalize and share the value of each part of data so that one can buy/sell it in a reasonable condition, e.g., for a reasonable price or as open source if it may give merits to people in general rather than to particular segments who can pay. Presenting one way to go, that is called Innovators’ Marketplace on Data Jackets, we show a vision for the systematic design of the market of data where existing tools and new technologies are configured, such as the visualization of the relation among databases/datasets for aiding stakeholders’ communication about possible use scenarios of data. By this, this paper calls for potential contributors in the future to the market of data.
ISSN:1877-0509
1877-0509
DOI:10.1016/j.procs.2013.09.152