The Power of Data – Collaboration

It’s my data!

No doubt – there is tremendous value in data. I use data collected from a small sensor in my bike to improve my cycling performance. Factories leverage data to keep their machines humming as long and as efficiently as possible. Unfortunately, most companies have historically tried to keep data for themselves. Sharing was a foreign concept. Security concerns and cultural barriers (“It’s my data!”) have fostered this environment.

“Share your knowledge. It is a way to achieve immortality.”― Dalai Lama XIV

Collaboration

What if we could share critical data with relevant stakeholders in a secure and effective way? Would we be able to improve our performance? Take a look at this short video to see what can happen if you start sharing subsets of your data. It is a fascinating scenario.


OSIsoft will release this new technology later this year. Stay tuned for more updates.

How could your business benefit from collaboration? What type of data are you ‘hiding’ from your stakeholders?

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