There are 2.5 quintillion bytes of data being created every day, but understanding the significance of it all is difficult. Business leaders need the right tools to make informed decisions that lead to the growth and success they desire. Sharing data can help to reduce silos, increase productivity, and accelerate time to insights.
It’s not enough to have a good purpose for sharing data. You must also understand what you’re looking to accomplish. According to the Sixth Annual Gartner Chief Data Officer Survey, companies that succeed in promoting sharing of data deliver 1.7 times more value than peers.
The second meta-dimension, interpretability, is the degree of understanding a given piece of information is able to convey the ability to convey. This can be different based on the particular theme and nature of B2G data sharing for instance, the need for high levels of interpretation when dealing with personal or sensitive data is much more important than when monitoring a situation over time, in which the timeliness may be more important than precision.
Continuity refers to a B2G data-sharing arrangement’s capacity to ensure that information flows continuously. Depending on the theme and structure of a particular situation, this can have varying levels of importance; for instance, in the context of monitoring a situation for a long period of time, the importance of continuity is paramount for monitoring, while in research it may not be as essential. In both cases it is essential to include this indicator.