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In 2016, Scientific Data published a paper titled The FAIR Guiding Principles for scientific data management and stewardship, a call-to-action and roadmap for better scientific data management. The mission was clear: provide digital information with the characteristics it needs to be found, accessed, interoperable, and reused by communities after initial data publication. FAIR principles allow data and metadata to power insights across its many stakeholders and evolve into dynamic sets of shared knowledge:
As noted by the initial paper, FAIRness was born out of the data management pains apparent in the scientific research community — specifically the need to build on top of existing knowledge and securely collaborate on research data. But the FAIR principles should now be considered for highly-sophisticated master data management across various industries, especially as enterprises begin to invest heavily in extracting analytical and operational value from data.Today’s enterprise data has multiple stakeholders – front-office applications that generate data, compliance departments, ERP systems, cybersecurity, back-office analysts, and emerging technology projects like AI, among many others. With this degree of layered collaboration, FAIR data principles should be implemented to extend data’s utility across the data value chain and provide an enterprise-wide source of truth.
Building FAIR data directly in as an immediate requirement across all data assets might seem like an extreme upfront investment versus your standard data management procedure of hiring data scientists to extract value from old data, but as semantic data expert Kurt Cagle so eloquently states in a recent publication titled “Why You Don’t Need Data Scientists”:
“You have a data problem. Your data scientists have all kinds of useful tools to bring to the table, but without quality data, what they produce will be meaningless.” Kurt Cagle
“You have a data problem. Your data scientists have all kinds of useful tools to bring to the table, but without quality data, what they produce will be meaningless.”
FAIR data is about prescribing value to information at the source of creation, rather than as a messy afterthought of harmonizing, integrating, and cleansing data to be further operationalized in yet another silo.
With data integration, compliance, and security as the top items consuming the typical IT budget, perhaps starting with FAIR data is worth the upfront investment. And as superior Master Data Management becomes a competitive edge in 2020, FAIR data principles must be considered beyond the scope of the research industry.
FAIR data principles not only describe core standards for data and metadata, but also for tools, protocols, and workflows related to data management. Let’s dive in: (Thanks to go-FAIR: https://www.go-fair.org/fair-principles/)
Findability is a basic minimum requirement for good data management but can be often overlooked when rushing to ship products. In order to operationalize data, humans and machines must first be able to find it — this comes down to utilizing rich, schematically-prescribed metadata to describe information so consumers know where and how to look.
Once data can technically be found, it must now be accessible to its various stakeholders at the protocol layer, with data access controls baked in.
Data must be primed for integration with other data sets and sources. Data must also be consumable via any standards-based machines.
The first three characteristics (FAI) combine with these last properties to ultimately make data reusable as an operational resource for apps, analytics, data sharing, and beyond.
Fluree’s semantic graph database expresses information in W3C standard RDF formatting and extends metadata capabilities to comprehensively satisfy F.A.I.R. requirements:
To most people, databases are simply tools built to feed an application. But at Fluree, we are reimagining the role of the database to acknowledge functions beyond data storage and retrieval. Fluree is not just a read-only data lake, but also a transactional engine. In essence, Fluree’s data platform can build sets of FAIR data, enforce ongoing compliance to FAIR data standards with governance-as-code, and power consumers of FAIR data for read/write applications.
More on Fluree’s Data-Centric features here: https://flureestg.wpengine.com/why-fluree/
Further Reading on FAIR Data Principles:
FAIR Principles
Semantic Partners, with its headquarters in London and a team across Europe and the US, is known for its expertise in implementing semantic products and data engineering projects. This collaboration leverages Fluree’s comprehensive suite of solutions, including ontology modeling, auto-tagging, structured data conversion, and secure, trusted knowledge graphs.
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Report: Decentralized Knowledge Graphs Improve RAG Accuracy for Enterprise LLMs
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Fluree is integrated with AWS, allowing users to build sophisticated applications with increased flexibility, scalability, and reliability.
Semiring’s natural language processing pipeline utilizes knowledge graphs and large language models to bring hidden insights to light.
Industry Knowledge Graph LLC is a company that specializes in creating and utilizing knowledge graphs to unlock insights and connections within complex datasets, aiding businesses in making informed decisions and optimizing processes.
Cobwebb specializes in providing comprehensive communication and networking solutions, empowering businesses with tailored services to enhance efficiency and connectivity.
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Sinisana provides food traceability solutions, built with Fluree’s distributed ledger technology.
Lead Semantics provides text-to-knowledge solutions.
TextDistil, powered by Fluree technology, targets the cognitive corner of the technology landscape. It is well-positioned to deliver novel functionality by leveraging the power of Large Language Models combined with the robust methods of Semantic Technology.
Project Logosphere, from Ikigai, is a decentralized knowledge graph that empowers richer data sets and discoveries.
Cibersons develops and invests in new technologies, such as artificial intelligence, robotics, space technology, fintech, blockchain, and others.
Powered by Fluree, AvioChain is an aviation maintenance platform built from the ground up for traceability, security, and interoperability.
Thematix was founded in 2011 to bring together the best minds in semantic technologies, business and information architecture, and traditional software engineering, to uniquely address practical problems in business operations, product development and marketing.
Opening Bell Ventures provides high-impact transformational services to C-level executives to help them shape and successfully execute on their Omni-Channel Digital Strategies.
Datavillage enables organizations to combine sensitive, proprietary, or personal data through transparent governance. AI models are trained and applied in fully confidential environments ensuring that only derived data (insights) is shared.
Vitality Technet has partnered with Fluree to accelerate drug discovery processes and enable ongoing collaboration across internal departments, external partners, and regulatory offices through semantics, knowledge graphs, and digital trust technologies.
SSB Digital is a dynamic and forward-thinking IT company specializing in developing bespoke solutions tailored to meet the unique needs and challenges of clients, ranging from predictive analytics and smart automation to decentralized applications and secure transactions.
Marzex is a bespoke Web3 systems development firm. With the help of Fluree technology, Marzex completed one of the first successful blockchain-based online elections in history.
Semantic Arts delivers data-centric transformation through a model-driven, semantic knowledge graph approach to enterprise data management.
Intigris, a leading Salesforce implementation partner, has partnered with Fluree to help organizations bridge and integrate multiple Salesforce instances.
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Partner, Analytic Strategy Partners; Frederick H. Rawson Professor in Medicine and Computer Science, University of Chicago and Chief of the Section of Biomedical Data Science in the Department of Medicine
Robert Grossman has been working in the field of data science, machine learning, big data, and distributed computing for over 25 years. He is a faculty member at the University of Chicago, where he is the Jim and Karen Frank Director of the Center for Translational Data Science. He is the Principal Investigator for the Genomic Data Commons, one of the largest collections of harmonized cancer genomics data in the world.
He founded Analytic Strategy Partners in 2016, which helps companies develop analytic strategies, improve their analytic operations, and evaluate potential analytic acquisitions and opportunities. From 2002-2015, he was the Founder and Managing Partner of Open Data Group (now ModelOp), which was one of the pioneers scaling predictive analytics to large datasets and helping companies develop and deploy innovative analytic solutions. From 1996 to 2001, he was the Founder and CEO of Magnify, which is now part of Lexis-Nexis (RELX Group) and provides predictive analytics solutions to the insurance industry.
Robert is also the Chair of the Open Commons Consortium (OCC), which is a not-for-profit that manages and operates cloud computing infrastructure to support scientific, medical, health care and environmental research.
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Founder, DataStraits Inc., Chief Revenue Officer, 3i Infotech Ltd
Sudeep Nadkarni has decades of experience in scaling managed services and hi-tech product firms. He has driven several new ventures and corporate turnarounds resulting in one IPO and three $1B+ exits. VC/PE firms have entrusted Sudeep with key executive roles that include entering new opportunity areas, leading global sales, scaling operations & post-merger integrations.
Sudeep has broad international experience having worked, lived, and led firms operating in US, UK, Middle East, Asia & Africa. He is passionate about bringing innovative business products to market that leverage web 3.0 technologies and have embedded governance risk and compliance.
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CEO, Data4Real LLC
Julia Bardmesser is a technology, architecture and data strategy executive, board member and advisor. In addition to her role as CEO of Data4Real LLC, she currently serves as Chair of Technology Advisory Council, Women Leaders In Data & AI (WLDA). She is a recognized thought leader in data driven digital transformation with over 30 years of experience in building technology and business capabilities that enable business growth, innovation, and agility. Julia has led transformational initiatives in many financial services companies such as Voya Financial, Deutsche Bank Citi, FINRA, Freddie Mac, and others.
Julia is a much sought-after speaker and mentor in the industry, and she has received recognition across the industry for her significant contributions. She has been named to engatica 2023 list of World’s Top 200 Business and Technology Innovators; received 2022 WLDA Changemaker in AI award; has been named to CDO Magazine’s List of Global Data Power Wdomen three years in the row (2020-2022); named Top 150 Business Transformation Leader by Constellation Research in 2019; and recognized as the Best Data Management Practitioner by A-Team Data Management Insight in 2017.
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Senior Advisor, Board Member, Strategic Investor
After nine years leading the rescue and turnaround of Banco del Progreso in the Dominican Republic culminating with its acquisition by Scotiabank (for a 2.7x book value multiple), Mark focuses on advisory relationships and Boards of Directors where he brings the breadth of his prior consulting and banking/payments experience.
In 2018, Mark founded Alberdi Advisory Corporation where he is engaged in advisory services for the biotechnology, technology, distribution, and financial services industries. Mark enjoys working with founders of successful businesses as well as start-ups and VC; he serves on several Boards of Directors and Advisory Boards including MPX – Marco Polo Exchange – providing world-class systems and support to interconnect Broker-Dealers and Family Offices around the world and Fluree – focusing on web3 and blockchain. He is actively engaged in strategic advisory with the founder and Executive Committee of the Biotechnology Institute of Spain with over 50 patents and sales of its world-class regenerative therapies in more than 30 countries.
Prior work experience includes leadership positions with MasterCard, IBM/PwC, Kearney, BBVA and Citibank. Mark has worked in over 30 countries – extensively across Europe and the Americas as well as occasional experiences in Asia.
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Chair of the Board, Enterprise Data Management Council
Peter Serenita was one of the first Chief Data Officers (CDOs) in financial services. He was a 28-year veteran of JPMorgan having held several key positions in business and information technology including the role of Chief Data Officer of the Worldwide Securities division. Subsequently, Peter became HSBC’s first Group Chief Data Officer, focusing on establishing a global data organization and capability to improve data consistency across the firm. More recently, Peter was the Enterprise Chief Data Officer for Scotiabank focused on defining and implementing a data management capability to improve data quality.
Peter is currently the Chairman of the Enterprise Data Management Council, a trade organization advancing data management globally across industries. Peter was a member of the inaugural Financial Research Advisory Committee (under the U.S. Department of Treasury) tasked with improving data quality in regulatory submissions to identify systemic risk.
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Turn Data Chaos into Data Clarity
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Pawan came to Fluree via its acquisition of ZettaLabs, an AI based data cleansing and mastering company.His previous experiences include IBM where he was part of the Strategy, Business Development and Operations team at IBM Watson Health’s Provider business. Prior to that Pawan spent 10 years with Thomson Reuters in the UK, US, and the Middle East. During his tenure he held executive positions in Finance, Sales and Corporate Development and Strategy. He is an alumnus of The Georgia Institute of Technology and Georgia State University.
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Andrew “Flip” Filipowski is one of the world’s most successful high-tech entrepreneurs, philanthropists and industry visionaries. Mr. Filipowski serves as Co-founder and Co-CEO of Fluree, where he seeks to bring trust, security, and versatility to data.
Mr. Filipowski also serves as co-founder, chairman and chief executive officer of SilkRoad Equity, a global private investment firm, as well as the co-founder, of Tally Capital.
Mr. Filipowski was the former COO of Cullinet, the largest software company of the 1980’s. Mr. Filipowski founded and served as Chairman and CEO of PLATINUM technology, where he grew PLATINUM into the 8th largest software company in the world at the time of its sale to Computer Associates for $4 billion – the largest such transaction for a software company at the time. Upside Magazine named Mr. Filipowski one of the Top 100 Most Influential People in Information Technology. A recipient of Entrepreneur of the Year Awards from both Ernst & Young and Merrill Lynch, Mr. Filipowski has also been awarded the Young President’s Organization Legacy Award and the Anti-Defamation League’s Torch of Liberty award for his work fighting hate on the Internet.
Mr. Filipowski is or has been a founder, director or executive of various companies, including: Fuel 50, Veriblock, MissionMode, Onramp Branding, House of Blues, Blue Rhino Littermaid and dozens of other recognized enterprises.
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Brian is the Co-founder and Co-CEO of Fluree, PBC, a North Carolina-based Public Benefit Corporation.
Platz was an entrepreneur and executive throughout the early internet days and SaaS boom, having founded the popular A-list apart web development community, along with a host of successful SaaS companies. He is now helping companies navigate the complexity of the enterprise data transformation movement.
Previous to establishing Fluree, Brian co-founded SilkRoad Technology which grew to over 2,000 customers and 500 employees in 12 global offices. Brian sits on the board of Fuel50 and Odigia, and is an advisor to Fabric Inc.
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Eliud Polanco is a seasoned data executive with extensive experience in leading global enterprise data transformation and management initiatives. Previous to his current role as President of Fluree, a data collaboration and transformation company, Eliud was formerly the Head of Analytics at Scotiabank, Global Head of Analytics and Big Data at HSBC, head of Anti-Financial Crime Technology Architecture for U.S.DeutscheBank, and Head of Data Innovation at Citi.
In his most recent role as Head of Analytics and Data Standards at Scotiabank, Eliud led a full-spectrum data transformation initiative to implement new tools and technology architecture strategies, both on-premises as well as on Cloud, for ingesting, analyzing, cleansing, and creating consumption ready data assets.
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Get the right data into the right hands.
Build your Verifiable Credentials/DID solution with Fluree.
Wherever you are in your Knowledge Graph journey, Fluree has the tools and technology to unify data based on universal meaning, answer complex questions that span your business, and democratize insights across your organization.
Build real-time data collaboration that spans internal and external organizational boundaries, with protections and controls to meet evolving data policy and privacy regulations.
Fluree Sense auto-discovers data fitting across applications and data lakes, cleans and formats them into JSON-LD, and loads them into Fluree’s trusted data platform for sharing, analytics, and re-use.
Transform legacy data into linked, semantic knowledge graphs. Fluree Sense automates the data mappings from local formats to a universal ontology and transforms the flat files into RDF.
Whether you are consolidating data silos, migrating your data to a new platform, or building an MDM platform, we can help you build clean, accurate, and reliable golden records.
Our enterprise users receive exclusive support and even more features. Book a call with our sales team to get started.
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