The fourth issue of the TOELI Research Paper features an article by Silvia Martinelli and Carlo Rossi Chauvenet on the development of new smart services in the dialogue with Big Tech, inspired by the experience in Data Valley.
Within the offer of products and services, the use of data and algorithms in the industrial sector has led to a paradigm shift that has affected both the forms of production and the means of exchange. The smart product, intended as personalized and connected, has created an ecosystem around the physical product of operators involved and services offered to the final customer.
Thus, in these years and this historical moment, data-based business models are multiplying, all based on new forms of use of the information collected in them. At the same time, there is a growing interest in having access to additional databases to generate new correlations and new services to be offered to end-users, whether consumers, businesses, or even public bodies.
Secondly, the sharing of data between different entities, private or public, requires agreements, partnerships, or the construction of new legal structures for the management of datagovernanceand for the regulation of all potential problems that may arise from the sharing itself. In particular, it will be necessary to make an agreement on the possibilities and modalities of taking future decisions, the sharing of risks and the predetermination of responsibilities, and the protection of the investment made.A prerequisite for the sharing itself is, moreover, the meeting that generates it, the identification of the desired partner becoming fundamental, that is: (i) companies possessing or able to acquire the required datasets; (ii) companies managing the interface or the product or the sensor that dialogues with the user or the environment to be reached.