Unlocking the value of data: Exploring the role of data intermediaries
The CDEI has published a paper on data intermediaries, which was commissioned by the Department for Digital, Culture, Media and Sport (DCMS).
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What does this report cover?
This paper explores the activity of existing intermediaries across different sectors, and considers the role they could play in the future.
It discusses the opportunities that data intermediaries present, including how they can empower individuals and businesses (e.g. by enabling individuals to control how data about them is used and for what purposes), and enable analysis (e.g. by facilitating data sharing in commercially-sensitive environments). It explores how data intermediaries can be leveraged in response to pressing social, economic, and environmental challenges, with a focus on three potential opportunities, including: facilitating preventative medicine; enabling better matching of workers with available jobs; and enabling the UK to meet its Net Zero targets.
It considers seven types of data intermediaries, including: data trusts; data exchanges; personal information management systems (PIMS); industrial data platforms; data custodians; data cooperatives; and trusted third parties.
This paper was commissioned by DCMS to support the ambitions set out in the National Data Strategy and subsequent consultation response; in particular, the commitment to consider the role of data intermediaries in supporting responsible data sharing.
Next steps
As stated in the CDEI’s two year review, facilitating responsible data sharing across the economy, including piloting new forms of data stewardship and governance, is one of three themes that will guide the CDEI’s work over the next year, alongside public sector innovation and AI assurance. This research complements other projects that the CDEI has been undertaking in this area, including its work with DCMS on the Online Safety Data Initiative, and its ongoing work on privacy-enhancing technologies.