Home - Personal. Real-Time Open Data Web Service for the Internet of Things - Pachube. World Economic Forum-Rethinking personal data. Report: Unlocking the Value of Personal Data: From Collection to Usage, February 2013 Unlocking the Value of Personal Data: From Collection to Usage, prepared in collaboration with the Boston Consulting Group, examines the need for new approaches in the policies which enable the managing of personal data in ways that are flexible, adaptive and contextually driven.
The report highlights outcomes from a nine month, multistakeholder, global dialogue on how the principles for using personal data may need to be refreshed to ensure they protect the rights of individuals, unlock socio-economic value and are fit for the complexities of a hyperconnected world. A key insight from the report notes that the age of Big Data creates both new opportunities and risks, particularly as they relate to the privacy of individuals. The report calls for the importance of establishing an updated set of principles and the means to uphold them in a hyperconnected world. Who owns personal data? Feel, Act, Make sense.