Data is one of our economy's most valuable assets. It is transforming how organisations operate and how they deliver products and services to consumers.
Data is also facilitating the creation of brand new business models where information has itself become the product. Organisations can no longer merely rely on their own generated data. In order to leverage more beneficial outcomes, they now source external data sets to achieve a broad range of commercial outcomes. This is the emerging data liquidity market.
To do this well, organisations need clear data strategies. But using data is complicated, encompassing high psychological and regulatory risk hurdles. Each form of data use case may raise new, challenging questions, and now more than ever, it is vital to maintain consumers' trust about the stewardship of data.
The challenge for organisations is to navigate this uncertain and evolving space where the rules of play are still being defined.
COVID-19 has accelerated the shift to digital, opening up opportunities for creating and protecting the increasing volumes of data being generated. It is worth considering copyright as a potentially effective tool to preserve the commercial value of your datasets.
From IT infrastructure considerations, and data collection to digital advertising and protecting your IP, our cross-disciplinary team explore the five key legal and regulatory considerations when creating or refreshing your digital offering.
Connected infrastructure - using sensors, intelligent systems and other technology to allow for real-time feedback for both governments and citizens - will be central to unlocking a sustainable future.
We offer tips to help in-house counsel and dealmakers navigate the data issues that arise in the context of mergers, acquisitions, demergers and investments to help maximise the value in these transactions. Learn more.
Clients are increasingly beginning to deploy AI tools and other algorithm based automated decision-making processes into their businesses. This raises a number of practical, legal and ethical challenges. Our AI toolkit helps you address those challenges.
Data Republic's platform enables organisations to securely exchange data on a trusted and multi-lateral basis, by providing comprehensive legal, governance and licensing workflows for the sharing of data. It is backed by Westpac, NAB Ventures and Qantas, amongst others.
MedicalDirector is a market-leading medical software and information provider that processes over 75 million patient consultations every year and equips healthcare providers with the latest technology, data, and content.