Business models for data in public sector

Business models for data in public sector

 

IoT Data is an important strategic resource when addressing the challenges of sustainable development. Far too often, the lack of business models is described as one of the barriers to accessing and utilizing data in the public sector. This creates unnecessary barriers that prevent IoT data from contributing to a better life in an interconnected world.

At the same time, there is a challenge in adapting existing models for private sector to public services. Public sector often have other or additional requirements than those placed on the private sector. Therefore sustainable and profitable business models for public sector are required.

Through this project we want to provide support to organizations in the public sector starting projects linked to IoT and IoT data, and creating business models for the project’s solutions. To increase the possibility of successful business model work, we recommend that the projects address a few basic conditions. the projects will have an advantage if you have the opportunity to relate to these conditions before the project starts or at an early stage of the project.

A business model work that supports the development of new solutions based on IoT and its data. increases the possibility of successful business model work later in the projects. With robust, agile and relevant business models, the opportunities to scale up and apply the solutions that the projects develop increase. Solutions that in turn support the public sector and its partners to create a better life for everyone in an interconnected world.

Our project is a strategic innovation project within the framework of IoT Sweden. Future Position X was the project coordinator for the project and has produced the content in collaboration with the project partners RISE and Sensative.





Latest news from the project

Workshops spring 2020

Workshops spring 2020

The organized workshops are part of the strategic innovation project Business models for IoT data in the public sector, which take place within the framework of the strategic innovation program IoT Sweden [link to: https://iotsverige.se/]. The project is coordinated...

read more

Background

The strategic innovation project “Business models for data in the public sector” is designed overall in accordance with the mission of the Strategic Innovation Program: A better life for everyone in a connected world. Future Position X enters project financing at the initial stage.

About the project

The project includes information gathering, co-creation workshops, information and dissemination of knowledge. The method used in the project should be ” think thank ” to similar groups, workshops and dissemination arenas. The working method will also contain an iterative approach to accumulated strategic learning that the group will receive during the project.

Project objectives

The short-term goal is to provide a way forward for the development of business models for public data. In the longer term, the project will contribute to easier management and increased use of public data.

 

The project aims to:

  • Identify and clarify the way in which current public data business models constitute an obstacle to business and business development and identify and describe the conditions that need to be addressed to create commercially sustainable solutions linked to the management of public data.
  • Develop proposals for new business models for public data through a series of workshops with relevant players in the private and public sectors. These models shall promote the creation of new business opportunities and support the development of society.
  • Develop the logic linked to the organizations’ current conditions but also projected future conditions and propose how the solution to these should be addressed in an implementation step.
  • Document the results in a white paper.
  • Anchor and disseminate results in relevant arenas.

Pin It on Pinterest