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| Personal Data Economy @sbciot_data @ClaroPartners Five misconceptions about personal data NewCo- Barcelona, 28 Oct 2015 Aldo de Jong, CoFounder Startupbootcamp IoT & Data and Claro Partners

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|  Personal Data Economy  @sbciot_data  @ClaroPartners    

Five misconceptions about personal data

NewCo- Barcelona, 28 Oct 2015

Aldo  de  Jong,  Co-­‐Founder  Startupbootcamp  IoT  &  Data  and  Claro  Partners

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

Five misconceptions about personal data

•  From data-centric to people-centric perspective

•  From privacy discussion to understanding how to deliver trust, transparency, control and benefit

•  Introduce toolkit

@claropartners

@sbciot_data

#personaldata

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

Navigating disruptive change

Claro helps corporations and startups to navigate disruptive shifts in society and business

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

Mercè  Spain  

Interna5onal,  inter-­‐disciplinary  team  

25  problem-­‐solvers  and  innovators  with  backgrounds  in:  

•  Social  science,  anthropology,  design  research  

•  Service,  interacGon,  and  product  design  

•  Business  strategy  and  markeGng  

 Jiri  

Belgium  

Gunes  

Turkey  

Megan  UK  

Mandy  

Lebanon  

Elisabeth  Netherlands  

Michael  USA  

Aldo  Netherlands  

Rich  USA  

Abby  USA  

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

Shape  Refine  idea  

Build  Beta  launch  

Sell  Early  adopGon  

Demo  Day  

Startupbootcamp  is  the  best  European  intensive  accelerator  program  helping  startups  to  refine  their  idea,  build  it  and  raise  funding  

10  teams  selected  out  of  250  enter  3-­‐month  

programme  

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

 

Delivering  business  innova5on  and  service  design  in  the  context  of  disrup5ve  shiOs  

Access      Services  delivered  through  networks      Internet  connects  everything      Small  data  and  personalised  experiences        

Ownership          Services  delivered  by  companies      Internet  connects  everyone      Big  data  and    aggregated    resources           Request our point of view papes on each of these topics at

[email protected]

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

Every time we interact, communicate, access, share, recommend, download and record, we cast a digital shadow of our activities

Image:  peG

lipois  |

 Flickr  

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

Businesses are collecting and stockpiling personal data, convinced that bigger is better; this is resulting in a big data boom

Image:  Gloal  Access  P

oint  

Image:  UC  Blue

noser  |

 Flickr  

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

The Personal Data Economy: an open-innovation project

•  65 interviews and events with individuals, experts and startups•  7 cities: New York, San Francisco, Boston, London, São Paulo, Berlin, Tokyo

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

Five misconceptions about personal data

MISCONCEPTION #1

Personal data is the new oil

Image:  UC  Blue

noser  |

 Flickr  

REALITY:

My personal data is most valuable to me!

Image:  Fou

rsqu

are  

REALITY:

My personal data is most valuable to me!

Image:  Fou

rsqu

are  

MISCONCEPTION #2

Personal data is all about privacy

Image:  tsallam  |  Flickr  

REALITY:

People want to benefit from their data - not hide it away - but they need control, trust and transparency

Image:  tsallam  |  Flickr  

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

REALITY:

People want to benefit from their data

Image:  tsallam  |  Flickr  

MISCONCEPTION #3

The value of personal data is in its sale

Image:  sh

uUerstock  

REALITY:

The personal data economy is an experience economy

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

REALITY:

The personal data economy is an experience economy

MISCONCEPTION #4

Personal data is for data scientists

REALITY:

Personal data empowers people

Image:  Fitb

it  

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

REALITY:

Personal data empowers people

Image:  Fitb

it  

Image:  Visu

alparado

x  

MISCONCEPTION #5

Personal data is big data

REALITY:

The personal data economy is small data

Image:  iStock  

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

REALITY:

The personal data economy is small data

Image:  iStock  

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

•  My personal data is most valuable to me!

•  People need control, trust and transparency

•  An experience economy

•  Personal data empowers people

•  Small data

The Personal Data Economy

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

Data-centric view

People-centric view

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

Social Internet of Things

Data Interfaces

Self-tracking

Predictions

Crowd Data

Identity

Access Management

Recommendation / Discovery

Local business review and discovery

game

Local Discovery

(things)

Proximity based social discovery

service

Proximity Based Connections

(aggregated)

Interface to your bank, helping to

make better financial decisions

New Interfaces for Existing Data

(aggregated)

Bracelet for tracking health behaviours

and indicators

Self-Tracking (Health)

Mobile data based tool for health

predictions

Predictions (For individuals)

Data Enhanced P2P patient support

platform

Crowd- Generated Data

P2P vouching service overlaying social networks

Identity Measurement

Data locker for users to control access to

their data

Data Lockers

The Personal Data Economy landscape

Real-time data aggregation platform for Internet of Things

Internet of Things Platforms

Preview  login  at  claropartners.com  

Username:  Claro-­‐guest-­‐pde  Password:  pdepreview  

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

How can YOU identify opportunities to create commercial, customer-centric offerings in the personal data economy?

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

1. Start with the person, not the data

2. Enable people to do things they've never been able to before

3. Address both functional and emotional needs

4. Think beyond privacy. Create trust, transparency and control

5. Design the whole user experience

6. Determine your role and partners to deliver the experience

Six principles to develop customer-centric data service concepts

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

Personal Data Experience Model

Personal Data Landscape

People-centric Insights Data Value Staircase

Personal Data Opportunity Framework

Toolkit to create customer-centric value propositions

| Personal Data Economy | Project Summary 34 Intel Confidential

Personal data services play different roles in a connected ecosystem

Companies can provide a place for users to generate data or collect data from elsewhere. They can also simply pass-on this personal data or add-on something on top of it. Facebook plays all roles simultaneously; something which very few companies can do.

Gen

erat

e

Add-on

Pass-on

HOW COMPANIES OPERATE IN THE PERSONAL DATA ECONOMY

Data Ecosystem Map

5 Principles about personal data

Trust, Transparency and Control enablers

FIVE KEY PRINCIPLES TO USING PERSONAL DATA

www.claropartners.com

1. Start with the person

2. Create trust, transparency and control

3. Design the whole experience

4. Give people new abilities through their personal data

5. Address both functional and emotional needs

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

1 | Start with the person, not the data

Think about your user, what value could you offer based on their data?

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

•  Filter

•  Curate

•  Recommend

•  Visualise

•  Synthesise

•  Predict

•  Automate

STRATEGIES FOR INCREASING VALUE

2 | Enable people to do things they’ve never been able to before

How can data provide higher value to users in clear and recognizable ways?

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

How does an offering change when placed in different opportunity spaces?

3 | Address both functional and emotional needs

4 | Think beyond privacy. Create trust, transparency and control

Define how you will foster trust, transparency and control within the service – to deliver the benefit to users.

How to do this is dependent on the opportunity space.

Trust, Transparency and Control enablers

5 | Design the whole experience

Design the whole experience, guided by the principles for developing customer-centric services around personal data.

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

Gen

erat

e

Add-on

Pass-on

6 | Define your role in the personal data ecosystem

Very few companies play all of these roles, but many play a combination.

What roles will you play?

Who will you partner with to deliver the experience?

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

Impressions  from  previous  Data  Service  Jams  

Working  with  startups  of  Startupbootcamp  Amsterdam   Working  with  UX  team  of  TomTom  

PresentaGon  by  team  composed  of  Chief  Privacy  Officer  of  Vodafone  Group,  Head  of  UX  of  Telefonica,  a  developer  and  an  MBA  student,  at  4YFN  /  MWC  

Mixed  team  working  out  concepts  at  4YFN  /  MWC  

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

1. Start with the person, not the data

2. Enable people to do things they've never been able to before

3. Address both functional and emotional needs

4. Think beyond privacy. Create trust, transparency and control

5. Design the whole user experience

Five key principles to guide a people centric approach to personal data

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

How can you identify opportunities to create people-centric offerings in the personal data economy?

|  Personal Data Economy  @sbciot_data  @ClaroPartners    

Personal Data Experience Model

Personal Data Landscape

People-centric Insights Data Value Staircase

Personal Data Opportunity Framework

Toolkit to create people-centric value propositions

| Personal Data Economy | Project Summary 34 Intel Confidential

Personal data services play different roles in a connected ecosystem

Companies can provide a place for users to generate data or collect data from elsewhere. They can also simply pass-on this personal data or add-on something on top of it. Facebook plays all roles simultaneously; something which very few companies can do.

Gen

erat

e

Add-on

Pass-on

HOW COMPANIES OPERATE IN THE PERSONAL DATA ECONOMY

Data Ecosystem Map

5 Principles about personal data

Trust, Transparency and Control enablers

FIVE KEY PRINCIPLES TO USING PERSONAL DATA

www.claropartners.com

1. Start with the person

2. Create trust, transparency and control

3. Design the whole experience

4. Give people new abilities through their personal data

5. Address both functional and emotional needs

Get involved with us in building the personal data economy!

q  Presentation on slideshare.net/claropartners

q  Request point of view paper [email protected]

q  Business landscape: preview

q  Workshop, project or Data Service Jam

q  Startupbootcamp Internet of Things & Data Looking for startups, corporate partners, investors and mentors

Thank you!Aldo de Jong@claropartners / @[email protected] / [email protected]