Catalysing digital business

The incubator acts as a catalyst, fostering a secure, reliable, and fast way to do business digitally. Participants will be furnished with the knowledge and support to achieve this objective. Furthermore, participants will have access to a minimum viable data space representing the data space’s core technical components. This core can then be expanded with building blocks to tailor the data space to the group’s specific needs. Providing the necessary resources enables these closely working parties to streamline their data exchange processes.

Key ambitions

The data space incubator program strives to achieve several key ambitions:

• Increase traction on data spaces: By fostering the creation of data spaces within distinct branches, the program aims to amplify the adoption and utilization of this transformative technology. As more parties embrace data spaces, the value of data-driven collaboration will become increasingly evident across industries.
• Prove data spaces’ feasibility: The incubator seeks to demonstrate that data spaces are not just theoretical concepts but practical solutions with real-world applicability. By working closely with participants, we aim to showcase tangible results and success stories, building confidence in the potential of data spaces.
• Establish concrete tools for federative data spaces: We are committed to creating and communicating concrete tools that simplify and expedite the establishment of federative data spaces. These tools will empower participants to navigate the technical complexities and build their interconnected ecosystems.
• Ready to go live: Each data space is created with the purpose of going into production.

Becoming data experts

Participants will improve their data practices and become pioneers in creating data spaces. From understanding the technical intricacies of data integration to developing a cohesive data governance framework, our experts will guide participants at every step.

Participation in the data space incubator

It starts with a group of organizations that already share a close working relationship in the real world. These organizations have a shared vision and common interests, and are committed to achieving their goals collaboratively.

Synergizing and creating value collectively
The common goal these organizations pursue can span a wide range of objectives. For instance, they may aim to enhance operational efficiency, adhere to compliance demands, improve data-driven decision-making, or foster innovation in their fields. Whatever the aspirations, the data space incubator offers an opportunity for these like-minded organizations to synergize their efforts and create value collectively.

Tackling challenges
Within the data space incubator, participants will collaboratively tackle challenges they encounter daily. These challenges could be related to data integration, security, privacy, or governance. By pooling their expertise and knowledge, they will work towards building a robust solution in the form of a federated data space.

Dynamic environment
Moreover, the incubator provides the necessary tools, technical support, and expert guidance to ensure the successful realization of the participants’ shared vision. They can expect a dynamic environment that fosters innovation, promotes learning, and facilitates open communication among the parties involved.

Harnessing collective intelligence
The federated data space forms the backbone of doing digital business, enabling seamless data exchange, providing trust, and facilitating collaborative problem-solving. By establishing this interconnected ecosystem, participants will unlock new possibilities and harness the collective intelligence of the group.

Lasting network of collaborators
Ultimately, as these parties work together to create a federated data space, they will overcome existing challenges and pave the way for future growth and expansion. The shared experience of building and managing the data space will strengthen their bond and create a lasting network of trusted collaborators.

Making meaningful impact
Joining the data space incubator offers these closely aligned parties an opportunity to elevate their operations, explore new avenues for growth, and collectively shape the future of their industries. By leveraging the power of collaboration and technology, they will unleash the full potential of their data-driven initiatives – making a meaningful impact on their respective domains and beyond.

Requirements

• Commitment to collaboration
  Successful applicants should demonstrate a solid commitment to collaborative working dynamics. The data space incubator fosters an environment in which participants actively share knowledge, experiences, and insights to drive innovation and progress collectively.
• Minimum of three participants per initiative
  To join the data space incubator, aspiring participants must form a group comprising at least three parties. This group formation is essential as the core principle of a data space lies in facilitating data exchange among multiple parties. While a 1-on-1 integration suffices for two parties, a minimum of three parties fosters the collaborative essence of the data space concept.
• Value active participation
  Joining the data space incubator comes at no financial cost. Participants receive the essential tooling and support required to kick-start their data space initiatives. However, active participation is mandatory to ensure the success of the incubator program and the overall ecosystem. Participants must therefore outline how they intend to contribute and add value to the creation and sustenance of the data space.
• Demonstrate vision and objectives
  Prospective participants must clearly articulate their vision and objectives for their collaborative data-sharing initiative’s purpose, scope, and expected outcomes. The incubator encourages diverse applications of the data space concept, spanning various industries and domains.
  • Expansion plan
    Participants must present a well-defined plan for expanding the group of participants over time. The incubator aims to foster self-sufficiency within the data space, enhancing processes and driving the network effect. The expansion plan should outline strategies to attract new stakeholders, identify potential synergies with existing members, and demonstrate the potential for exponential growth.
  • Scalability and flexibility
    The incubator encourages participants to design their data space initiatives with scalability and flexibility in mind. This involves considering potential future growth, accommodating new data sources, and embracing emerging technologies and trends.
  • Metrics and success indicators
    Developing clear metrics and success indicators is essential to monitor the impact and effectiveness of the data space initiative. Participants should outline key performance indicators (KPIs) to track progress and measure the value added by the data space.
  • Market viability and value proposition
    Demonstrating the data space initiative’s market viability and unique value proposition is crucial for attracting potential stakeholders and ensuring long-term sustainability.
  • Operational plan
    During the incubator period, the involved parties will jointly create a plan to grow the data space to form a viable network.
• Intellectual property and data rights
  Participants should address intellectual property rights and data ownership concerns. This involves outlining the rights and responsibilities of each party within the data space to maintain a fair and transparent collaboration.