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