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Introducing the Linked Data Business Cube

Tassilo Pellegrini from Semantic Web Company has published a new report which outlines business models for Linked Data including a case study of the publishing house and information service provider Wolters Kluwer:

"With the increasing availability of semantic data on the World Wide Web and its reutilisation for commercial purposes, questions arise about the economic value of interlinked data and business models that can be built on top of it. The Linked Data Business Cube provides a systematic approach to conceptualize business models for Linked Data assets.

Similar to an OLAP Cube, the Linked Data Business Cube provides an integrated view on stakeholders (x-axis), revenue models (y-axis) and Linked Data assets (z-axis), thus allowing to systematically investigate the specificities of various Linked Data business models."

A Linked Data ecosystem is usually comprised of several stakeholders that engage in the value creation process. The cube can help to elaborate the most reasonable business model for each stakeholder.

Linked Data creates an ecosystem in which data and metadata become a network good. By sharing RDF as the mutual data model, Linked Data allows various data traffic patterns in the provision and reutilization of data. Thus it generates significant benefits in the integration and processing of internal and external data, fulfilling specific economic functions at each step of the content value chain.

The report also provides a practical case study of the publishing house and information service provider Wolters Kluwer describing the utilization of Linked Data as an enabler of service diversification.

Download the report: Asset Creation and Commercialization of Interlinked Data

Views: 2408

Tags: Business, Cube, Data, Economics, Kluwer, Linked, RDF, Semantic, Web, Wolters, More…chain, content, value


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