Trusted collaboration data is one of the most valuable resources in the world. The companies collecting and harnessing the most data, such as Facebook, Amazon, and Alphabet, are definitely taking full advantage of this resource. These trillion-dollar global tech behemoths are able to store and analyze their own data in-house, without needing to collaborate with partners.
Most other organizations have to rely on collaboration to open up exciting new business opportunities. We’ve written before about the benefits of secure data collaboration, including increased profitability and innovation. We’ve also discussed the challenges and security vulnerabilities around data sharing. The task of safe data collection becomes even more difficult when you take into account the projected number of Internet of Things (IoT) devices expected to be installed by 2025.
This particular collaboration involved one of the world’s largest distribution system operators (DSOs) and one of the world’s largest automakers, including Electric Vehicles (EVs). The DSO and the automotive OEM saw the need to work closely together to plan future EV charging network deployments. They wanted to analyze current EV geolocation status as well as examine forward-looking EV trends.