Unleashing the potential of big data: a white paper based on the 2013 world summit on big data and organization design

D. HO, C. Snow, B. Obel, P. Dissing Sørensen, and P. Kallehave, Unleashing the potential of big data: a white paper based on the 2013 world summit on big data and organization design, Aarhus University, Business and Social Sciences, Interdisciplinary Center for Organizational Architecture, 2013.

Abstract

“While knowledge is the engine of the economy, Big Data is its fuel.” This characterization of Big Data was made by Ms. Neelie Kroes, European Commission Vice President in charge of the digital agenda for Europe. Kroes calls Big Data the ”new oil.” For traditional industries and the service sector, Big Data will create a huge number of commercial opportunities. For the public sector, Big Data offers a promising route to service improvement and transparency as well as a tool for making infrastructure and other investments.Politicians and policymakers are aware of both the potential and the dangers of Big Data. In 2012, the Obama Administration launched the Big Data Research and Development Initiative in the United States, and the European Commission (EC) is taking steps to remove obstacles to the use of Big Data through legislation, standards setting, and its R&D programmes. Hand-in-hand with newdata-protection legislation, the EC wants to formulate an overall cybersecurity strategy to ensure that individual and organizational data are properly used and protected. Alongside harmonized rules for how data is handled, the EC is pushing for standards to allow the interoperability and integration ofdata. Other government initiatives focus on technological development and infrastructure projects.This White Paper offers ideas and recommendations to further increase the value of Big Data initiatives while protecting against their risks. Governments, universities, and business all have a role to play in this endeavor, and we hope that decision makers will find the paper helpful as they pursue their respective tasks. We acknowledge and thank the speakers and participants in the 2013 World Summit on Big Data and Organization Design for their time, hard work, and contributions. A unique network of people and organizations has been created. We hope their efforts will continue to influence and open up the world of Big Data for the good of society.

    BibTeX

    @book {83af1acc75d9478589dd3fa29e3bb543,
    publisher = {Aarhus University, Business and Social Sciences, Interdisciplinary Center for Organizational Architecture},
    month = {12},
    year = {2013},
    note = {White paper sent to 24 countries and the EU commission},
    abstract = {“While knowledge is the engine of the economy, Big Data is its fuel.” This characterization of Big Data was made by Ms. Neelie Kroes, European Commission Vice President in charge of the digital agenda for Europe. Kroes calls Big Data the ”new oil.” For traditional industries and the service sector, Big Data will create a huge number of commercial opportunities. For the public sector, Big Data offers a promising route to service improvement and transparency as well as a tool for making infrastructure and other investments.Politicians and policymakers are aware of both the potential and the dangers of Big Data. In 2012, the Obama Administration launched the Big Data Research and Development Initiative in the United States, and the European Commission (EC) is taking steps to remove obstacles to the use of Big Data through legislation, standards setting, and its R\&D programmes. Hand-in-hand with newdata-protection legislation, the EC wants to formulate an overall cybersecurity strategy to ensure that individual and organizational data are properly used and protected. Alongside harmonized rules for how data is handled, the EC is pushing for standards to allow the interoperability and integration ofdata. Other government initiatives focus on technological development and infrastructure projects.This White Paper offers ideas and recommendations to further increase the value of Big Data initiatives while protecting against their risks. Governments, universities, and business all have a role to play in this endeavor, and we hope that decision makers will find the paper helpful as they pursue their respective tasks. We acknowledge and thank the speakers and participants in the 2013 World Summit on Big Data and Organization Design for their time, hard work, and contributions. A unique network of people and organizations has been created. We hope their efforts will continue to influence and open up the world of Big Data for the good of society.},
    title = {Unleashing the Potential of Big Data: A white paper based on the 2013 World Summit on Big Data and Organization Design},
    biburl = {https://zeal.global/publications/},
    urltitle = {unleashing-the-potential-of-big-data-a-white-paper-based-on-the-2013-world-summit-on-big-data-and-organization-design},
    author = {HO, Diem and Snow, Charles and Obel, Børge and Dissing Sørensen, Pernille and Kallehave, Pernille}
    }