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Frequently Asked Questions
What is a Data Trust?A data trust is a legal structure that allows organisations to share their data in a secure way. It enables interested parties to apply advanced analytics and AI to the data and drive transformational change across the industry. See the attached leaflet which breaks down the Open Data Institutes definition of a Data Trust,
Is my data secure?Yes. The data steward combines ISO27001 accreditation with graph database technology to ensure that data is appropriately controlled. Data security is at the forefront of every decision. It can be segmented, permissioned and anonymised at every level. The architecture will be accredited by trustees prior to full implementation.
What data will the trust hold?The trustees of the data trust will prioritise how and for what purpose the data will be used. This will drive what types of data are needed. There will be a breadth of data including risk, schedule, cost, resource, inspection, quality, lessons learned, compensation events and project fundamentals.
How is the Construction Data Trust funded?The construction data trust is run as a not for profit. The board's aspiration for the CDT is to make it funded via a membership model that works for all key stakeholders. However, it is difficult to initiate a membership model until data within the trust gets to critical mass. As such, for the first 12-18 months of the data trust's mobilisation phase, we anticipate working on a funded project basis. One example, is the work we did for the construction productivity task force on curating, integrating and analysing productivity data on behalf of key organisations, who each contributed to cost of this specific project
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