Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Data Exchange to be launched next week

Data Exchange to be launched next week

A pilot project to bring "big data" to the business community will be launched at the Hutt Chamber of Commerce next Friday morning (23/3/18). The Datashare project aims to provide free and open access to some of New Zealand's largest data sets. It will also provide a channel for local businesses to contribute data they have generated themselves, and to draw commercial value from this.

Rumi Shivaz, director of Midas Infomedia Ltd, is co-ordinating the project. "Data is the new oil," he says. "However, just like crude oil, raw data has limited value." Shivaz believes the data-sharing project will help protect local businesses against the disruption that is brewing with artificial intelligence and machine learning.

Shivaz, says: "We're launching the project in the Hutt because this area already has a tradition of putting co-operation above competition. In an age of global platforms that's a huge advantage. We can all benefit from the massive new data sources that are coming on-stream, however people aren't seeing the process as a two-way street. We can also add to the data, and create an income stream for ourselves in the process. I think a lot of us just need to get a new sense of what's possible."

Shivaz will launch the project at the Hutt Chamber of Commerce on 23rd March, 9am to 10am. Seats can be reserved by email to rumi.shivaz@midasinfomedia.com.

Peter Hall-Jones
Datashare project communications manager
Disruption Ventures Ltd

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Up $1.20: $17.70 Minimum Wage Next Year

Coalition Government signals how it will move toward its goal of a $20 p/h minimum wage by 2021... “Today we are announcing that the minimum wage will increase to $17.70 an hour on 1 April 2019." More>>

ALSO:

Reserve Bank: Capital Proposals Are 'Radical', Says Fitch

International credit rating agency Fitch says the Reserve Bank's proposals for increased bank capital adequacy ratios are "radical" and "highly conservative relative to international peers", but the result will ultimately be "significantly stronger buffers" against financial system shocks. More>>

ALSO:

Regions And Skills: Work Visa Proposals 'Step In The Right Direction'

Immigration Minister Iain Lees-Galloway announced yesterday that the Government is consulting on proposed changes to employer-assisted temporary work visa settings to ensure that work visas issued reflect genuine regional skill shortages. More>>

ALSO:

Long Commutes: Hamilton To Auckland Passenger Rail Trial Gets Green Light

The NZ Transport Agency Board has approved a business case for the next steps in a start-up trial Hamilton to Auckland passenger rail service, Transport Minister Phil Twyford announced. More>>

ALSO:

Working Group Update: Mycoplasma Bovis Eradication Making Substantial Progress

International experts are impressed by New Zealand’s efforts to eradicate the cattle disease Mycoplasma bovis and are more confident the campaign is working... More>>

ALSO: