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Complete

Abstract

Data ecosystems offer great potentials for companies, but there are many challenges that prevent companies from fully realizing them. To provide guidance and enhance existing literature, we propose milestones for the development of data ecosystems. These milestones are particularly important in the birth and expansion phases of a data ecosystem. Our research is based on two case studies of two data ecosystems that were developed from birth to expansion. A total of 17 companies were part of the ecosystems. From these two case studies we derived ten findings and the following three milestones: 1. internal customer focused and domain specific ecosystem, 2. internal customer focused and cross-domain ecosystem, and 3. external customer and cross-domain-specific ecosystem. These milestones are particularly useful in traditional non-data-driven industries where they were initially observed.

Paper Number

1802

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Aug 16th, 12:00 AM

Evolutionary Milestones in the Development of Data Ecosystems

Data ecosystems offer great potentials for companies, but there are many challenges that prevent companies from fully realizing them. To provide guidance and enhance existing literature, we propose milestones for the development of data ecosystems. These milestones are particularly important in the birth and expansion phases of a data ecosystem. Our research is based on two case studies of two data ecosystems that were developed from birth to expansion. A total of 17 companies were part of the ecosystems. From these two case studies we derived ten findings and the following three milestones: 1. internal customer focused and domain specific ecosystem, 2. internal customer focused and cross-domain ecosystem, and 3. external customer and cross-domain-specific ecosystem. These milestones are particularly useful in traditional non-data-driven industries where they were initially observed.

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