Data Driven Innovation

Why are we working on this?

Data driven innovation (DDI) is about harnessing the power of data to make smarter business decisions, and to drive the development of innovative new products and services that are better targeted to a direct need. However, despite its potential, the adoption of DDI in many New Zealand businesses lags behind other countries, particularly at management and board levels.

With the deployment of data driven technologies such as 5G, IoT and AI – this lack of understanding or appreciation of the value of data is likely to have an impact on the adoption of these technologies.

What are we trying to achieve?

Government wants to ensure businesses are well placed to take advantage of data driven technologies by making them aware of the potential of employing data; by raising their comfort levels in using it; by putting in place frameworks to assist in the use of data safely and ethically; by giving them the tools they need to make informed decisions on data collection and use; and by providing businesses with opportunities to safely experiment and use data.

Because data drives machine learning and AI, this workstream is closely aligned to the national AI Strategy workstream. Our partners for both pieces of work are the AI Forum.

The DDI work is still being scoped and we are keen to discuss and test our assumptions.

Relevant work underway

  • Initial conversations with Industry and the AI Forum Executive Director
  • Stats Data Strategy

Next steps

Hold an initial Zoom meeting to discuss the initiative in detail and to get feedback.

Begin to test the following with selected businesses:

  • Test the assumption that in general New Zealand businesses do not realise the value of data and the potential of data driven insight – impacting both the supply and demand side.
  • Test the idea that we could create targeted information for businesses to demonstrate the benefits of data. Test ways in which this could be delivered to be effective. Would Biz.govt be a good delivery channel? Investigate other ways to spread the message?
  • Test how we could align this work with the SME digitisation initiatives and also the work on amplifying entrepreneurial capital.
  • Test the idea of establishing data trusts or data sharing? How would this be viewed by the sector and others? How could the sector advance this concept – could this be advanced through the Tech Alliance? Look to evaluate the idea of a data trust through the AI Forum as an initial test case.
  • Look to advance discussion around the establishment of a Digital Twin and the need for foundational data standards.

BE involved

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Who is involved

This workstream is still being scoped.

COMING SOON

Lead Partners

Key industry partners to be determined

Anything out of scope?

As this work continues to be scoped we have not yet established what is or out of scope. However, government open data is not being considered under this initiative as this work is being progressed by Statistics New Zealand including work on Māori Data Sovereignty.