The era of big data is upon us, ushering in a digital transformation driven by the Internet-of-Things, mobile technology, AI and cloud computing. This revolution has generated a vast array of new digital data sources. The progressive companies harnessing technologies that capitalize on this data surge have reaped significant benefits — optimizing process automation, new product development and enhanced risk management. However, more businesses are now exploring secondary or external uses for their data, which could yield both financial and societal rewards.

This whitepaper examines three case studies of data sharing and provides considerations for CIOs contemplating participation in the data sharing economy.