Cost-effective access to data for all in the transport eco-system has accelerated the future mobility agenda and is driving business innovation and new service models, says Mike Waters
Data has helped many global companies create and refine their products and services across many sectors.
We've worked alongside Government, academia, vehicle manufacturers, infrastructure operators, technology providers and SMEs to define the solution that will allow the traditional transport sector and new mobility entrants to capitalise on the vast amounts of valuable insight that can be drawn from the data the platform called ConVEx will make available.
ConVEx is a cloud-hosted data exchange facility underpinned by a software platform with added value data services such as analysis, aggregation and validation.
This is a unique initiative in the UK and is the only known project internationally to create a sustainable business involving public and private sector partners focused on making data available to all via an open marketplace.
The new facility signals the end of hard-to-reach data and overly complex relationships between data providers and consumers that stall our market growth and potential.
It complements strategic investments the UK has already made in this sector such as the West Midlands 5G Program, Midlands Future Mobility Public CAV Testbed, the Future Transport Zones, the UK’s Battery Industrialisation Centre, MaaS and new service models such as e-scooters.
The creation of ConVex was a response to the industry’s recognition that the success of the future of mobility depends heavily on the availability, aggregation and analysis of data. Data-sharing is difficult, especially for organisations that do not have the resources or capabilities.
The investment will allow companies and travellers to capture the benefits of new transport technologies sooner.
It will also help the UK to grow its market share in the research and development for new mobility products and services.
ConVex is an excellent example of extensive stakeholder engagement, gap analysis and collaboration with enthusiastic and complementary partners – Transport for West Midlands (TfWM), Jaguar Land Rover, Bosch, Warwick Manufacturing Group and three SMEs: Valerann, Synaptiv and Immense.
The solution opens up new capabilities to all stakeholders in the transport eco-system – enabling the aggregation data from a diverse range of sources, making these available for sale, or under licence, or for purchase by the facility user.
Services will include the curation of datasets within a single ‘shop window’, data cleansing and analysis, enabling organisations to monetise data resources that may have previously been left dormant, drawing together relevant datasets and exploring connections that generate further insight for clients.
The partners in the current build-and-demonstrate phase, which is supported by Innovate UK funding (through CCAV and Zenzic), will set out specific case studies to illustrate the capabilities and benefits which can be realised.
However, the underlying platform and capabilities themselves remain open to all – without commercial conflict and with individual entities interests being fully protected.
From a public authority perspective open data can be readily surfaced and costs recovered from where added value activity has been undertaken to enrich that data and it is of value to commercial entities.