Value Creation Services

This topic is not covered in the iSHARE Trust Framework. The data space is free to define agreements or remove this section.

Beyond simply sharing data, many data spaces benefit from services that help participants create additional value. According to the DSSC, these can include analytics, enrichment, dashboards, data quality checks, or semantic alignment tools.

Unlike core interoperability and trust services, these value-adding services are not defined in the iSHARE Trust Framework. Each data space is free to decide which services are relevant for its community.

A few practical principles apply:

Figure 19.Principles of Value-Adding Services.

By introducing value creation services, data spaces can move from “data available” to “data usable and impactful,” helping participants unlock new applications and business opportunities. The business aspects of these services are considered in the Data Space Offering building block, while information about providers of these services is provided in the Intermediaries and Operators building block.

Further information on value-creating services can be found in the [DSSC Description].

Value Creation Services connects closely with other building blocks:

• Business Model: Services add value and may generate revenue or costs.

• Use Case Development: Services provide key capabilities for use cases.

• Data Space Offering: Services enhance and extend data products.

• Intermediaries and Operators: Defines who provides which services.

• Data, Services and Offerings Descriptions: Provides metadata for service publication and discovery.

• Provenance and Traceability: Tracks service interactions with data.

• Identity and Attestation Management: Manages claims and attestations for services.

The guiding questions can help in the co-creation process and in defining this building block, so please see the next section.