New Service-provider and Business-model Disruption in the IIoT
systems, from electronic spreadsheets and even from notes in handwritten manifests. This diversity of data sourcing comes close to the notion of a‘ web of things.’ It means that IoT platforms need the versatility to handle new and increasing numbers of data-input formats.
It is common to characterize transportation systems in relation to commuters, public and private sector transportation agencies and service providers. An important aspect of the trial is to extend the base of participants, initially through a set of developer hackathons, to evaluate the commercial viability of specialist service providers. These may provide IIoT applications in a competitive business framework, or data cleansing services in the form of tiered services and pricing schemes for raw, clean, high-accuracy and meta-data, for example.
The commercial and operational viability of such businesses depends on having access to generic capabilities such as data brokering, data search / discovery, data usage charging, data storage and rights enforcement within a horizontal IIoT platform.
Federation and scalability capabilities are also essential for future eco-system growth, which is addressed by a Transport Data Initiative group. It hosts regular workshops to inform other local authorities about new, IIoT possibilities; encourage better transportation system solutions; and promote the integration of currently fragmented solutions at a local and cross-county scale.
2.6 Innovation Opportunities: IIoT Data Market-places and Data Monetization
Currently, many public sector authorities make little operational or commercial use of the data coming from their transportation-infrastructure assets. In some cases, they make such information freely available through open-data portals, often incurring data management and publishing expenses in the process. One of the disruptive benefits of oneTRANSPORT is to create mechanisms for these authorities to monetize their data assets, while stimulating multi-system, multi-region integration and economic growth.
A ground breaking element of the trial is a brokerage structure. This allows device owners to feed their data to specialist data management service providers in order to produce clean and valueadded forms of data. The different forms of data from a single source open up the possibility for differential access and pricing schemes. In this case, the underlying IIoT platform has to facilitate data management, access control and charging functions to support multiple business models. This type of innovation is an important aspect of the oneTRANSPORT trial and its business case which trial participants will evaluate in three phases.
Phase 1: In-Field Trials- The first phase in the business model is an equity-sponsored two-year trial. This start-up phase will generate minimal revenues so funding for the trial relies on a private-public equity funding model.
For this phase, multiple local transportation authorities open their data assets to the software development community through a oneTRANSPORT broker, who manages data access and
- 34- June 2016