IT Services
Benefit from collaboration by integrating diverse technological expertise and resources to deliver more comprehensive, innovative, and efficient solutions to your clients.
The Challenge
Collaborate to Improve
Commercial firms have their own business requirements to improve and make their data-centric processes more efficient. Increasingly, they are facing KYC, AML and other business requirements similar to those faced by the banking and finance sector. They also encounter many types of fraud, some of which could potentially leverage the Sedicii platform for mitigation.
Relying on Data not Documents
Complying with the law is not optional. Yet, sometimes the information you need to make the correct decision may not have been available historically. Collaboration can help solve this challenge.
Our Solution
There are many instances where IT services need to collaborate directly themselves or to facilitate collaboration for others. This fosters the sharing of best practices, enhances problem-solving capabilities, and accelerates project timelines by pooling resources and knowledge. Additionally, collaborative efforts can drive industry standards, improve service delivery, and create competitive advantages, ultimately benefiting clients with more robust and effective IT services. Such partnerships also facilitate scalability and flexibility, allowing companies to adapt to evolving technological landscapes and market demands more efficiently.
Building Collaborations
As the world becomes more connected, the ability to securely interact with supplies and peers is increasing. Sedicii enables privacy enhanced collaboration.
Protecting Privacy & Security
In business, maintaining confidentiality can be the difference between winning a deal or losing it. With Sedicii's platform, the security of your data is preserved at all times.
Rich Data Insights
Access to more data through collaboration means better analysis can be done and, by extension, better decision making. Globally trillions of dollars of new value can be unlocked through rich data collaborations
Project PHACKS
The Platform for High Assurance Collaborative Knowledge Sharing (PHACKS) is an EU funded commercialisation initiative aimed at developing new markets for advanced privacy-preserving technologies where data collaboration is at the core of the participants collaboration. The project focuses on creating solutions that enable secure and privacy-respecting access to digital services and resources that leverage data assets that each of the participants hold but in a manner where those assets are not disclosed to the other participants. PHACKS leverages cutting-edge cryptographic techniques, including zero-knowledge proofs and secure multiparty computation, to ensure that sensitive information is completely protected during the data processing stages.
FAQs
The IT sector greatly benefits from secure data collaboration in multiple ways, enhancing innovation, efficiency, security, and competitiveness. Here’s how: Data Validation: Collaborating securely enables cross-verification of data, improving its accuracy and reliability. Error Reduction: Sharing data helps identify and correct discrepancies, leading to more consistent and trustworthy datasets. Data Governance: Joint data governance frameworks and practices ensure data is managed consistently and responsibly across organisations. Standardised Practices: Collaborative efforts often lead to the development of standardised data practices, improving interoperability between systems and organisations.
A prime example of a successful IT collaboration that uses sensitive data is the partnership between healthcare providers and tech companies to develop and deploy COVID-19 contact tracing apps. This collaboration involved integrating anonymised health data from hospitals and public health agencies with advanced analytics and mobile technology from tech firms like Apple and Google. By leveraging their combined expertise, they created apps that could efficiently track exposure to the virus while ensuring data privacy and security through encryption and decentralised data storage. This joint effort not only helped in controlling the spread of the virus but also demonstrated how sensitive health data could be securely managed and utilised for public health benefits.
Yes, supply chains are an excellent use case for secure and private collaboration. By sharing sensitive data securely, companies can achieve greater transparency and efficiency across the supply chain, improving tracking of goods, inventory management, and responsiveness to demand fluctuations. For example, through blockchain technology and secure data-sharing platforms, manufacturers, suppliers, and retailers can exchange real-time information about production schedules, shipping statuses, and inventory levels without compromising proprietary information. This collaboration enhances trust, reduces delays, minimises fraud, and ensures compliance with regulatory requirements, ultimately leading to a more resilient and responsive supply chain.
Storing data in an on-premise data center is not inherently a problem for collaboration, but it does present some challenges compared to cloud-based solutions. On-premise setups can limit accessibility, scalability, and real-time data sharing capabilities, potentially hindering seamless collaboration with external partners. However, with the right infrastructure, such as secure VPNs, dedicated APIs, and robust data sharing protocols, effective collaboration is still possible. It’s crucial to ensure that the on-premise system is well-maintained, secure, and capable of supporting the necessary connectivity and integration with external systems to facilitate efficient and secure collaboration.
First thing is to reach out and get in touch. Prepare a brief on your company’s objectives and how you believe collaboration would be mutually beneficial. Let us know what you would like to achieve through the collaboration, such as improving customer protection, enhancing security processes, or data sharing best practices. We will then assess the fit of the collaboration with your company's goals and needs, considering factors such as the consortium’s mission, member organisations, and the benefits offered.