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

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