DATA MONETIZATION

Big Data and business intelligence is changing the way governments do business. They hold tremendous potential to deliver public value by developing insights into customer needs thereby increasing operational efficiency and responding faster to customer needs through. These technologies address identity theft, non-compliance, fraud and errors.

Many government organizations owe their growth to a well-designed data strategy and BI, executed through data governance and best practices.

Our Approach

Understand value & better use of Data
Through a collaborative understanding of your data resources and data capability and working within your organizational priorities, we can help you explore broader, more valuable uses of data

Consultech will engage with you to understand the value of your data and suggest better use of data
Identify data monetization opportunities
Data is a resource that can help drive better organizational decisions and resource usage. Some data also has an economic value to others, where they are willing to pay a fee for access and use of the quality data

Consultech will work with you to identify data monetization opportunities to help increase revenue
Develop value proposition for end users
While agencies that produce data can also make better use of their data, other government agencies can usually make valuable use of much data that is produced elsewhere across government

Consultech will work with you to develop value propositions for your customers and end users
Develop data strategy, governance and business model
Organizations do not automatically have effective data arrangements. These need to be well planned and consistent with the organization’s overall strategy and priorities. Data is a valuable resource that does need to be properly governed, to ensure effective and safe use. Business model helps identify customer segments, target markets, cost structures, resources and revenue streams.

Consultech will work with you to develop your data strategy, data governance and business model.
Define data offerings, engagement model & revenue streams
Organizations experience rising costs as demands for services continue to rise while budgets and resources continue to shrink. They seek to minimize their service delivery costs and maximize their revenues.
Choosing the most appropriate service offerings and service delivery model is critical.

Consultech will work with you to define the most appropriate data service offerings, the engagement model and effective revenue streams

Our Offering

Consultech will collaborate with the organization to understand the value of your data and offer better use of data. It will help identify data monetization opportunities and develop value proposition for the end users.

During the journey, we will develop the data strategy, data governance and business model. Finally, Consultech will define the data offerings, an engagement model and revenue streams.

Success Stories

David Kalisch, from DWK Advisory, was previously head of major Australian Government data agencies, the Australian Bureau of Statistics (2014-19) and the Australian Institute of Health and Welfare (2010-14) where he successfully expanded their data use and transformed their organizational data capabilities and data governance.

DWK Advisory provided consultancy services to major Australian Government agencies (Department of Social Services and Services Australia) in early 2021, developing opportunities to make better use of their data and strengthen their data governance.

DWK Advisory is currently working with Services Australia to further develop their data capability and take advantage of opportunities to obtain value from their available data.

Yusuf Mansuri, project managed the Government Data Webservices project, currently available to selected government agencies and businesses with increased security and traceability of transactions. The services were designed for trusted, semi trusted and untrusted environments with certificate-based authentication, hardware encryption, load-balanced and highly redundant infrastructure with an ability to perform very large number of simultaneous transactions.

Yusuf Mansuri, developed Data as a Service (DaaS) offerings for a government agency based on data exchange. This model has been utilized successfully. He has also worked on credit bureau systems to ensure that services are provided based on the person’s profile and credit history.

Yusuf Mansuri has worked on Whole of government Authentication system used for interconnectivity of user data, messaging and exchange across multiple government departments.