1. Developing innovative smart data use cases

Drawing upon the work we did for DARE UK, we have innovative techniques for identifying and developing high-value use cases. We believe that within and between sectors, there’s scope for many more use cases to be developed, each offering benefits to customers and the economy more broadly.  

2. Working with the data standards ecosystem

We’ve extensively researched the data standards landscape and understand the opportunities and gaps (Publication from Department of Business and Trade forthcoming). We’ve also learned about the data standardisation that some sectors have already independently been leading, and plan on ‘going with the grain’ of the great work already achieved. We’ll work towards a clear and structured approach to data interoperability, ensuring consistency and compatibility across systems.  

3. Defining governance

We’ve helped the Department for Business and Trade to develop robust frameworks for governance, thinking about how actors within and across sectors can efficiently work together to oversee and deliver schemes.  

4. Understanding costs and benefits

We want to help government to make the right investments in this field. Using a unique methodology, we recently helped the government to define the costs and benefits of specific use cases.  

5. Understanding customer sentiment

As we’ve learned from our work with Smart Data Research UK and multiple health and care clients, we know the public must be bought into any schemes that involve sharing personal data. Whilst Smart Data is a fully consent-driven process, this year we’ll be investigating how understanding and confidence vary for the different types of data use cases.  

6. Contributing to the Smart Data community 

Smart Data is already a great example of industry and government truly collaborating on shared challenges and opportunities. You may have seen us presenting our work at the Smart Data Council, in addition to taking advantage of events such as those held by The Startup Coalition, we’ll be hosting our own event this Autumn. 

You can procure our Smart Data services or learn more by emailing us at hello@thepsc.co.uk.   

^1. Financial Conduct Authority: FCA and PSR set out next steps for open banking