Deutsche Telekom today announced Data Intelligence Hub, a marketplace for trading in data, targeting its enterprise customers.
Data Intelligence Hub (or DIH) offers a centralized platform and an overview of the data available for free or for sale on the market. It offers analytical tools such as machine learning and artificial intelligence.
Enterprises can optimize their internal processes with the help of data freely available on the market and avoid production hold-ups and unnecessary costs due to wait times and wasteful warehousing of stock.
Deutsche Telekom said city of Bonn authorities have checked out the DIH as a new data platform, and will in future offer the city’s free data sets via the system. The Bonn residents have access to data about the city. It will provide information such as sight-seeing opportunities, the location of Wi-Fi hotspots and taxi stands and waste collection times.
Other possible applications include smart parking, smart street lighting and optimized waste collection. Smart city planners will be in a position to combine data from freely available data sources and use them in combination to make specific predictions, said Deutsche Telekom.
DIH is available round the clock and independently of user device and operating system. The Data Intelligence Hub’s top priority is security and trust: all data transfers are conducted using encryption and involving only the two partners. There is no need to save data externally or at a central location.
Deutsche Telekom in coordination with the International Data Spaces Association (IDSA) and Fraunhofer Institute for Software and Systems Engineering will create virtual data rooms to exchange data securely across international borders.
Deutsche Telekom developed the Data Intelligence Hub using technology of partners such as Cloudera. Ultra Tendency implemented the project for Deutsche Telekom.
KPMG, Detecon and T-Systems Multimedia Solutions advise customers from sectors such as the public, healthcare and finance sectors as well as the transport, logistics and automotive industries on the implementation of their projects using the DIH.
