You are on page 1of 1

SPONSORED CONTENT

SPONSORED CONTENT

Since commercial launch, the growing

AGILEIoT
IoTFOR
FORCOLLABORATION
COLLABORATION &
& SCALE
Since commercial launch, the growing

AGILE
Publishers/ Enhancers Publishers/ community of users of oneTRANSPORT
Publishers/
Consumers
Enhancers Publishers/
Consumers community of users of oneTRANSPORT
(improve
Consumers
(raw data) (improve
data value) Consumers
(quality data) Commercial and Data Marketplace continues to innovate
Standardised Commercial and Data Marketplace continues to innovate
Standardised (raw data) data value) (quality data) technical framework
cloud-based technical framework with multiple sources of data and explore
Datamarketplaces
Data marketplaceslet
letorganisations
organisationscapitalise
capitaliseon
onnew
newsources
sources of
of value
value cloud-based
system,
system,
built for
built
real-time datafor
for optional selling/
for optional
buying dataselling/
buying data
with multiple sources of data and explore
new monetization schemes for IoT data.
new monetization schemes for IoT data.
real-time data

bybymanaging
managingand
andtrading
tradingIoT
IoTdata
dataininaacontrolled
controlledway
way Transport infrastructure and service
Transport infrastructure and service
companies are exploring how to improve
companies are exploring how to improve
Data Marketplace road maintenance, waste collection and
Data Marketplace road maintenance, waste collection and
utility servicing with shared real-time data.
Ubiquitous connectivity and affordable, utility servicing with shared real-time data.
Ubiquitous connectivity and affordable, Intergration with Transport operators are examining options
wireless-enabled sensors and devices are bothIntergration with
existing/legacy Transport operators are examining options
wireless-enabled sensors and devices are Non-exclusive, Data-Driven Solutions bothsystems
existing/legacy for the controlled licensing of operational
feeding a wave of new Internet of Things Non-exclusive,
open data licences Data-Driven Solutions data and
for the controlled licensing of operational
feeding a wave of new Internet of Things open datasharing
for data licences data systems
greenfield sensorand data sets that other organisations are
(IoT) systems. The goal of many of these for data sharing greenfield
deployments sensor data sets that other organisations are
(IoT) systems. The goal of many of these deployments better placed to exploit commercially.
systems is to improve operating efficiencies. IoT-based solutions better placed to exploit commercially.
systems is to improve operating efficiencies. IoT-based solutions The marketplace is also attracting
Meanwhile, 5G, machine learning (ML), are now starting The marketplace is also attracting
Meanwhile, 5G, machine learning (ML), are now starting
to deliver tangible increasing interest from city and regional
and artificial intelligence (AI) technologies to deliverto
tangible increasing interest from city and regional
benefits Figure 1: Data marketplace business model and operational architecture authorities keen to embrace connected
and artificial intelligence (AI) technologies Figure 1: Data marketplace business model and operational architecture authorities keen to embrace connected
are opening the floodgates for massive benefits to and
businesses and autonomous vehicle developments
aremachine-type
opening the floodgates for massive businesses and and
communications. These communities... and theautonomous
new service vehicle developments
opportunities that
machine-type communications. These the
developments will massively increase communities... IoT Data Marketplace Vision IoT Data Marketplaces and the new service opportunities that
are emerging.
developments will massively
scope and volume increase
of IoT data the
and spawn IoT Data Marketplace Vision inIoT Data Marketplaces
Practice are emerging.
In conceptual terms, a data marketplace
scope and volume
numerous of IoT data and spawn
IoT applications. In conceptual terms, and
a data marketplace
in Practice Within the data marketplace, Chordant
brings data suppliers data consumers Early in 2018, Chordant an InterDigital
™,
Within
plays the data
a neutral role.marketplace, Chordant
The oneTRANSPORT
numerous IoT applications.
Vodafone’s annual “Barometer of the IoT” brings data
together. suppliers
It solves and data
a technical consumers
problem by Early in 2018,
business, Chordant
launched
™,
an InterDigital
the oneTRANSPORT ™
plays a neutral role. The oneTRANSPORT
Data Marketplace service operates as
Vodafone’s
business annual
survey “Barometer
points to ever ofstronger
the IoT” together. It solves a technical problem
abstracting the complexity of sourcing IoTby business, launched the oneTRANSPORT
Data Marketplace for smart cities and

Databroker,
Marketplace service operates
a data providing the tools that as
business survey points to ever stronger
and mission-critical adoption intentions. abstracting the complexity of sourcing
data from multiple different sources, dataIoT Data Marketplace
intelligent transportfor smart cities
applications. The and a data broker, providing the tools that
data suppliers and consumers need to
andWe mission-critical
see this in articles adoption
aboutintentions.
smart street data from
types multiple different
and connectivity sources,
services to supplydata intelligent transport applications. The
marketplace builds on a field trial in the data suppliers and consumers need to
interact technically and commercially.
Welighting,
see thisjust-in-time
in articles about wastesmart streetfleet
collection, types and connectivity services
them in user and developer friendly to supply marketplace
United Kingdom,builds onChordant.
led by a field trialThe
in the interact technically and commercially.
Chordant’s use of the oneM2M™ standard
lighting, just-in-time waste collection,
telematics, and remote asset management fleet them in user
formats. As a and developer
result, friendly
users don’t have to lock Unitedtrial
2-year Kingdom,
proved led
thatby Chordant.
different The
public forChordant’s
horizontal use of the oneM2M™
IoT platforms providesstandard
users
telematics,
to list butand remote asset management
a few. formats. As a result, users don’t
into a single use case or technology. have to lock
They 2-year trial proved that different
and private sector organisations couldpublic forstandardised
horizontal IoTApplication
platforms Programming
provides users
with
to list but a few. into a single use case or technology.
can explore a wider range of opportunities, They and private
exchange sector IoT
real-time organisations
data throughcould
a with standardised Application Programming
In 2017, Cisco’s “Connected Futures” Interface (APIs) and the confidence that they
can explore
creating andamanaging
wider range of opportunities,
heterogenous data- exchange
central real-time‘hub’
marketplace IoT data
and through
create a areInterface
building (APIs)
on an and the confidence
architecture that
that does they
not
In 2017, Cisco’s
research “Connected
indicated Futures”
that only a quarter
creating
driven and managing heterogenous data-
solutions. central IoT
scalable marketplace ‘hub’ and
solutions. Several create
flexible are
lock building
them onsingle
into a an architecture that does not
vendor offering.
research indicatedwere
of IoT initiatives that only a quarter
successful. While
driven solutions. scalable
IoT IoT solutions.
solutions, addressingSeveral flexible
a variety of use lock them into a single vendor offering.
of IoT initiatives were
opportunities successful.
for IoT-based While
solutions Marketplaces serve many different types “IoT-based solutions are now starting to
IoT solutions,
cases, addressing
were built a variety
over the course of of
theuse
opportunities
abound, there for seems
IoT-based solutions
to be a challenge in Marketplaces
of user. An IoT serve many different
data marketplace is notypes “IoT-based
deliver tangiblesolutions
benefitsare now starting
to businesses andto
trial.
cases,They demonstrated
were thecourse
built over the mechanisms
of the
scaling
abound, up pilots
there seems andtodelivering long-term
be a challenge in different.
of user. AnSome users
IoT data may chooseistono
marketplace communities,”
deliver tangiblesaysbenefits
Ash Wheeler, Senior and
to businesses
necessary
trial. Theyfor the sustained,
demonstrated equitable
the mechanisms
value.
scaling upWhich
pilots begs the question
and delivering – what is
long-term consume
different. raw
Some data andmay
users buildchoose
their ownto Director, Chordant,
communities,” “but
says first-generation
Ash Wheeler, Senior
exchange
necessary and
forexploitation of IoT
the sustained, data
equitable
necessary
value. Which begsto push thesiloed IoT systems
question – what is to the IoT applications.
consume raw data and build their own implementations are often too constrained.
between different organisations. Director, Chordant, “but first-generation
next level exchange and exploitation of IoT data
necessary to of
pushcooperation,
siloed IoT scale,
systems andtosynergy?
the IoT
A applications.
second category, data enhancers, adds Agile businesses need
implementations agile
are oftensystems to
too constrained.
between
Public different
sector organisations.
Transport Authorities
next level of cooperation, scale, and synergy? value fromcategory,
manipulating capitalise on evolving
Agile businesses requirements
need agile systemsandto
A second data raw data. These
enhancers, adds
Tackling the Long-Term users
inPublic
Buckinghamshire, Hertfordshire,
sector Transport Authorities new service on
capitalise opportunities. A collaborative
evolving requirements and
value may
frompackage clean data,
manipulating create
raw data. These
Tackling the Long-Term
IoT Challenge metadata
users mayvariants,
packageorclean
make datacreate
data, more
Northamptonshire,
in Buckinghamshire, and Oxfordshire,
Hertfordshire, approach, supported
new service by services
opportunities. that
A collaborative
together with two private sector IoT
IoTMany
Challenge
IoT applications are built around an discoverable for others
metadata variants, to use.
or make data more
Northamptonshire, and Oxfordshire, enable the controlled
approach, supported sharing of datathat
by services
sensor companies,
together with twotook the sector
private data supplier
IoT across systems and organisational
Manyinitial
IoTuse case or toare
applications exploit
builtaaround
specificandata discoverable
A third type offor others
user might tofocus
use. on enable the controlled sharing of data
role. Theycompanies,
sensor published different
took the real-time
data supplier boundaries, is unlocking a new breed of IoT
set. If an organisation subsequently wants creating value across systems and organisational
initial use case or to exploit a specific data A third type ofthrough
user mightadvanced
focus ondata data
role.sets
Theyderived fromdifferent
published various transport-
real-time implementations that can adapt
set.toIf build on its first solution,
an organisation it will incur
subsequently wants organisations will have to work with The multi-application perspective means analytics. Their role is to create insights boundaries, is unlocking a newand scale
breed of IoT
creating value through advanced data related sensor
data sets networks.
derived from various transport- forimplementations
long-term value creation.”
additional design and integration costs. several suppliers and even some third- thatmulti-application
large-scale IoT solutions are ameans
matter and feed value-added that can adapt and scale
to build on its first solution, it will incur organisations will have to work with The perspective analytics. Their role is data back insights
to create into
related sensor networks.
It may also have to resolve cross line-of- There were several data consumer groups. for long-term value creation.”
additional design and integration costs. party service delivery partners.
several suppliers and even some third- This is not of matching data suppliers (e.g. sensors,
that large-scale IoT solutions are a matter the
andmarketplace. A viable
feed value-added marketplace
data back into
business organisational issues. All told, this Academic andseveral
There were privatedata
sector specialists
consumer groups.
It may also have to resolve cross line-of- unrealistic in the context of a smart
party service delivery partners. This is not city, ofconnected
matchingdevices and other
data suppliers data
(e.g. sources)
sensors, needs additional mechanisms to enforce
the marketplace. A viable marketplace
can become commercially insurmountable applied
Academic analytical approaches
and private sectorto derive
specialists
business organisational issues. All told, this a manufacturing
unrealistic facilityof
in the context oraasmart
multi-modal
city, to data consumers (e.g. applications,
connected devices and other data sources) data commercial and legal rules. These provide a
needs additional mechanisms to enforce journey planning insights associated with
canfor many IoT initiatives.
become commercially insurmountable transport system. Even a farm, which
a manufacturing facility or a multi-modal
analysts and service providers). This line of
to data consumers (e.g. applications, data foundation of trust for both data suppliers
commercial and legal rules. These provide a
applied analytical approaches to derive
Park-and-Ride services in Oxford (city
for Instead
many IoT of initiatives.
working up from a successful may appear to be a simpler ecosystem, thinking opens up new areas of innovation and data consumers. For example, data journey planning insights associated with
transport system. Even a farm, which analysts and service providers). This line of foundation of trust for both data suppliers
contains multiple, and preferably joined- and business potential in the IoT market. Its consumers require a reliable supply of data
scenario). Regional transport agencies and
Park-and-Ride services in Oxford (city To find out more about
first application, what happens if may appear to be a simpler ecosystem, thinking opens up new areas of innovation and data consumers. For example, data
Instead of working up from a successful facilities managers successfully reduced IoT
organisations tackle the long-term IoT up, IoT applications such as accurate
contains multiple, and preferably joined-
success relies on any-to-any interactions,
and business potential in the IoT market. Its
(e.g. payment mechanisms and quality of
consumers require a reliable supply of data
scenario). Regional transport agencies and Todata
findmarketplaces,
out more about
first application, what happens if road congestion and parking inefficiencies contact
challenge from a different angle? Let’s say
organisations tackle the long-term IoT
planting, the correct application of
up, IoT applications such as accurate
with the marketplace concept offering
success relies on any-to-any interactions,
service commitments) to build business-
(e.g. payment mechanisms and quality of
facilities managers successfully reduced
for travellers to the Formula 1 race weekend
IoT dataAsh Wheeler
marketplaces,
fertilizers, and traceable distribution an effective brokerage model for the critical applications and services. Data road congestion and parking inefficiencies
they start off by planning to support many
challenge from a different angle? Let’s say planting, the correct application of with the marketplace concept offering service commitments) to build business- at Silverstone Circuit (large-scale, rural contact Ash Wheeler
ash.wheeler@chordant.io
IoT applications. These would use data from of farm produce. exchange of IoT data between suppliers suppliers, on the other hand, need tools for travellers to the Formula 1 race weekend
they start off by planning to support many fertilizers, and traceable distribution an effective brokerage model for the critical applications and services. Data scenario) and in Watford town centre visit oneTRANSPORT.io.
andash.wheeler@chordant.io
a wide variety of sources using different and consumers. to charge for their data or apply usage at Silverstone Circuit (large-scale, rural
IoT applications. These would use data from of farm produce. exchange of IoT data between suppliers suppliers, on the other hand, need tools (medium-scale, urban scenario).
communication types. Most likely, these limitations (e.g. data licensing terms for scenario) and in Watford town centre and visit oneTRANSPORT.io.
a wide variety of sources using different and consumers. to charge for their data or apply usage
transferability or re-use of data). (medium-scale, urban scenario).
communication types. Most likely, these limitations (e.g. data licensing terms for
transferability or re-use of data).

FIRST PUBLISHED IN ISSUE ONE, VOL TWO, CW JOURNAL (cwjournal.com) C O N N E C T I N G T H E D I G I TA L WO R L D

You might also like