[Asia Economy Reporter Seulgina Jo] Cho Kyung-sik, Vice Minister of the Ministry of Science and ICT, stated on the 28th, "A data platform that collects data to create value and accelerates the digital transformation is the cradle of innovation."
The Ministry of Science and ICT held the "1st Public-Private Data Platform Development Council," where Inadata platform operators, related ministries, and private experts gathered to discuss cooperation and activation plans for domestic data platforms.
The Ministry of Science and ICT has been building and operating 16 big data platforms across various fields supporting the entire data lifecycle since 2019 to resolve the data shortage issue across industries. As of June this year, there are a total of 129 data platforms operated by public institutions and private companies (108 operated by public institutions, 21 by private companies).
The Development Council is chaired by the Ministry of Science and ICT’s 2nd Vice Minister and consists of public and private data platform operators, related ministries and agencies, and private experts (academia and industry), totaling 50 members. Important agenda items discussed in the Development Council will be submitted to government bodies such as the 4th Industrial Revolution Committee for promotion.
For practical discussions on the agenda to be discussed in the Development Council, four subcommittees in the areas of ▲policy and system, ▲quality and standards, ▲distribution and transactions, and ▲performance and utilization have been established to discover specific cooperation agendas and prepare implementation plans.
The 1st meeting held that day proceeded with Vice Minister Cho’s opening remarks, followed by agenda presentations from the Ministry of Science and ICT (council operation plan) and the Korea Intelligent Information Society Agency (status of integrated data map and expansion of linkage), and free discussions among attending members. The attending members expressed expectations for the Development Council’s role as a communication channel between the public and private sectors for the advancement of data platforms.
They hoped that a system would be established to allow private sector standardization demands to feedback into the public sector to promote data utilization on the ground, and emphasized that active linkage between heterogeneous data platforms should be carried out so that combining diverse data can create synergy.
Vice Minister Cho stated, “I hope that productive discussions and cooperation for the development of the data industry and the spread of data utilization will be actively conducted through the Data Platform Development Council, which involves various public and private stakeholders, and we will create various data-based innovation cases centered on data platforms that the public can feel.”
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