90% of the world’s data was generated in the last two years. What if everyone was able to benefit from this vast resource?

THE POWER OF DATA IS FOR EVERYONE

Today’s data infrastructure is increasingly dominated by a few big players that operate across all industries and verticals using a business model based on closed data sets. These closed systems limit innovation, and restrict opportunities that we believe should be accessible for everyone.

Data is the infrastructure of the 21st century. By 2020, it is estimated there will be 200 billion devices on the planet generating more than 40 zettabytes of data. To unlock the potential of this almost unimaginable amount of information, we need to rethink how we collect and process data, how we value it, and how we define ownership and control over personal and corporate data.

At HERE Technologies, we believe in an open world in which everyone has access to a data infrastructure – an open world created through a shared data platform that helps form partnerships and unlocks value for all, ultimately increasing the capacity to advance businesses, society and humanity.

We are building systems that connect billions of devices and data points in real time, with a mission to make everything in our surroundings smarter, faster and more efficient.

For this new world to work for everyone, we believe the infrastructure should be based on an open data platform instead of in corporate-owned walled gardens. Your data should always remain your data, and the cost of entry should not be a mandatory free transfer of ownership.

WHAT DOES AN OPEN WORLD MEAN FOR MY BUSINESS?

Data is a valuable asset. An open world does not mean free or open source, but rather an exchange system that enables data owners to maximize and monetize the value of their assets.

An open world provides more flexibility and agility in how data owners can use data assets, creating opportunities through partnerships and collaboration. It allows people and businesses to have more control and ownership over their data and how it is being used.

An open world stimulates competition and provides equal opportunity for businesses everywhere. To make the most of a global marketplace, we want to enable businesses from around the world to freely share and monetize new ideas and solutions.