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Welcome to part 5 of our data-centric architecture series! We’ve covered the basics of the data-centric architecture – Digital Trust, Security, Semantic Interoperability, and Time. All of these components weave together for a truly powerful data-centric architecture – one that enables agile data collaboration across boundaries, reduces attack surfaces, destroys data silos, and delivers high-value data to data stakeholders with precision and accuracy.
This final chapter in this series will focus on data sharing and data collaboration. With Fluree, we’ve already built an incredibly powerful data platform – now let’s give our stakeholders the access they need, at the velocity they require, with the quality they deserve. Data sharing can take many forms (reciprocal or one-directional) – and operate within a variety of contexts (sharing analytics with partners, collaborating on labeled data sets, providing aggregate data to a client, or simply gathering an internal data catalog for a more efficient master data management strategy). Whatever the context, data sharing requires a scalable data-centric architecture. Let’s dive in:
Let’s break down a few key data-sharing patterns and thematic use cases within each:
A simple stepping stone in data collaboration that most enterprises have implemented in various ways, data virtualization involves federating data from multiple disparate sources. This simple but powerful pattern moves us away from replicating or physically moving data in order to access it. A great example of data virtualization in action would be a data catalog that enables fast data access and self-service data analytics for anyone within an organization.
Data-as-Service (DaaS) involves preparing and delivering curated data sets to end-users. An excellent example of DaaS in action would be a data brokerage or data marketplace in which a data aggregator distributes data to buyers. Data-as-a-service paves the way for organizations to look beyond traditional sources of data and into the benefits of external, third-party information.
A Data exchange involves the bidirectional flow of information across participating organizations. Data exchanges can support many<>many reciprocal models where multiple data sources and multiple data consumers collaborate in a complex and hybrid environment. Examples of data exchanges might include data collaboration across supply chain partners or reciprocal data analytics sharing across an industry consortium.
Our introduction to data-centricity mentions how data has become more of a versatile and valuable asset rather than just a row in a relational database. And this value should be shared. Modern data ebbs and flows across various applications, workflows, and even organizations. This increase in digital collaboration is becoming a necessity to remain competitive as organizations are finding bottom-line value in data-sharing ecosystems.
Capgemini reports that “the potential financial benefits of data sharing ecosystems can reach 9% of annual revenue of an organization over the next five years.” These benefits take the form of improving data analytics strategies and integrating a highly data-driven approach into operations – with real-world impact. Capgemini’s study found that organizations that participated in data sharing ecosystems had improved customer satisfaction by 15%, improved workflow efficiency by 14%, and reduced costs by 11%.
Data sharing bolsters data’s inherent value, which by nature improves the quality of any organizational process that involves shared data.
Before we get to the technology toolbelt required to build data-sharing ecosystems, let’s chat culture. It’s well known that the great plague of the data silo is not just the result of vendor lock-in or outdated technology. Mindset is also a powerful factor in the status quo culture of information withholding. Data and Analytics leaders, departmental units, and organizations as a whole have become steeped in a data-hoarding mindset over the last decades.
But times are changing – The US Department of Defense, one of the largest data organizations in the world, announced this year a shift from sharing data on a “Need to Know” basis to a “Responsibility to Provide” culture. The DOD recognizes that the power of data in the hands of many outweighs the perceived risks associated with data collaboration. The private sector is following suit – 48% of organizations plan to launch new data-sharing ecosystems in the near future, among those, 84% intend to do so within the next three years (source).
Alongside the philosophical shift to becoming a data-sharing organization, there is also a technology shift – from application-centric to data-centric.
Let’s take a look at some top “issues” that will arise for organizations building data-sharing platforms, and how Data-Centric platforms like Fluree solves each one right from the start (click on each for a complete description).
Simple or complex data sharing could result in a violation of GDPR or a similar privacy act. Just this month, Plaid settled a $58 million class-action lawsuit over claims that the fintech firm passed on personal banking data to third-party firms without user consent.
Data governance and data privacy are evolving landscapes, and the risks associated are compounded in a data-sharing environment.
Fluree’s Smart Function capabilities allow for the creation, management, and enforcement of granular data policies for an airtight approach to data-centric compliance.Read more: Data-Centric Security
Integrating third-party data into your critical operations opens risk. For one, you must account for the possibility of malicious data poisoning (manipulation of information with the intent to harm). For another, you need to be able to validate data came from a certified, legitimate source. We need cryptographic methods to prove sources of data as well as the history of CRUD operations to data.
Gartner predicts that through 2023, organizations that can instill digital trust will be able to participate in 50% more ecosystems, expanding revenue-generation opportunities.
Fluree integrates digital trust into data using a cryptographically secured immutable ledger. This approach allows us to categorically prove time, source, and history for each and every datum in the system.Read more: Data-Centric Trust
Data sharing doesn’t mean everyone has access to everything by default – so how do we facilitate quick and complex data collaboration that is also secure? How can we dynamically update permissions to reflect changing business contexts? Harmonizing data policies — especially complex and context-specific ones – across a hybrid environment could become difficult at scale.
Fluree’s SmartFunctions allow the enforcement of arbitrarily complex data security policies and data shape validation at the data layer and support data-centric security initiatives such as cell-level security, attribute-based access control (ABAC) models, and granular permissioning logic.Read more: Data-Centric Security
What’s the point of sharing data if it can’t be readily discovered and accessed?
Data must be formatted in a way that it can be easily discoverable using a strong metadata strategy. In order to accomplish this at a broad scale, data ecosystems should adhere to the F.A.I.R. principles of data management (Findable, Accessible, Interoperable, and Reusable).
Fluree’s semantic data platform can autogenerate FAIR data, enforce ongoing compliance to FAIR data standards with governance-as-code, and power consumers of FAIR data for read/write applications. Read more: Making Data FAIR with Fluree
Both humans and machines must be able to comprehend data under a common semantic understanding – otherwise, the value of data exchange is severely diminished. Common data formatting with semantic vocabularies (ontologies) allows data consumers to exchange data with meaning.
As a semantic RDF graph database, organizations building on Fluree’s data platform gain the instant benefit of interoperability with other standards-based systems.Read more: Semantic Interoperability
Data ecosystems need to lock in a shared understanding of time in order to efficiently collaborate and exchange information. For example, multiple systems (or humans) leveraging a mutual data source need a trusted, consistent view of information without the possibility that it could have served up older or newer versions to different consumers as queries concurrently hit.
Fluree’s temporal immutable ledger provides timestamps as a metadata characteristic. This ability to have a full history of data versions allows microservices architectures or data scientists to “lock in” a specific time for reliable query results. This capability becomes increasingly valuable in data applications where real-time data drives decisions or operations across an ecosystem. Read more: Data-Centric Time
Data stakeholders will need real-time access to the most up-to-date information. We’ll need to maximize cloud uptime to deliver data at the highest velocity possible to end-users without breaking the bank.
Fluree’s architecture was built for data scale. Fluree’s distributed ledger maintains all-state for the platform, freeing the graph database to run fully stateless as a scalable data delivery network.Fluree’s database engine runs on the JVM or JavaScript and is capable of operating in-memory; it can scale dynamically and runs easily in containers or even as an in-browser web worker.Learn more: Data-Delivery at Scale with Fluree (Video)
Complex data ecosystems will involve the exchange of multiple different kinds of data, as well as different preferences in how participants query that data. Instead of building out various interfaces to service each kind of query workflow, a multi-modal database provides a unified and integrated platform for data retrieval. Multi-modal data access allows data consumers to query data in the language of their choice and in the shape and format of their particular needs.
Multi-modal access lets developers spend less time on the integration points between front and back ends, and more time building data-centric applications.
Fluree support multi-modal query – as a native JSON database, Fluree can retrieve data in JSON (FlureeQL), SPARQL, GraphQL, and SQL. External consumption is made easy with these standards-based interfaces. Learn more about Fluree query patterns here.
Data-centricity and data sharing go hand-in-hand. It’s not enough to be “data-driven” – data-sharing platforms that truly scale must be “data-centric.” We could theoretically address all of the above issues individually with different bandaid technologies – but a data-centric architecture approach to building a data-sharing ecosystem is far more scalable and effective. The foundation of Fluee’s data-centric architecture is predicated on the need for flexible, trusted, and secure data sharing at any scale and within any context.
Fluree enables secure and direct data sharing for any kind of data ecosystem.
In summary, Fluree enables data sharing ecosystems using the following characteristics:
You’ve reached the final chapter in our data-centric architecture series – thanks for following along. As you may have noticed, our first four data-centric capabilities (trust, security, interoperability, and time) all build on one another to ultimately enable our fifth capability – data sharing. Once these layers are built into the foundation of data architectures, we can accelerate transformation up and down the data value chain. Ecosystems can become more agile around data. Ecosystems can expand to serve more data stakeholders. Ecosystems can connect to other ecosystems. All in the name of secure and efficient data sharing.
Data sharing and collaboration are at the heart of Fluree’s core use cases – including large organizations like the US Air Force, collective projects like the Blockchain Innovation Challenge hosted by the Department of Education, and dozens of startups innovating in financial services, identity, supply chain, and HR. Get started with Fluree here.
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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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.
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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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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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