IDG Contributor Network: Copenhagen to sell public and private city data via exchange marketplace
Copenhagen has become the first city in the world to attempt to monetize its, and others’, data through a city data market.
Traffic snarl-ups, home break-ins, whether it rained or snowed, and how much electricity the city dwellers use each day is among the data to be traded for cash, city officials announced. Interestingly, the city, which is partnering with Hitachi on the project, also wants to incorporate others’ data.
City officials say the availability of municipal data through the City Data Exchange website will help companies “develop new, innovative solutions to create smarter cities.” But it’s both public and “private sector organization” data that will be made available.
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