Page 217 - ITU-T Focus Group Digital Financial Services – Executive Summary
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Consensus  by  partners  on  business  case  and  business  model  (cost  benefit  analysis,  etc.),  risk
                    allocation, transparency on fiscal issues, and ensuring alignment on public sector partner’s delivery
                    of its mission are essential for sustainable success. Technology and customer (demand) uncertainty
                    are inherent in sophisticated city-wide technology projects such as Smart Dubai Platform and need
                    to be flexibly incorporated and addressed as part of the PPP agreement.
                    On the other hand, PPPs provide significant advantages by bringing together the best of two worlds
                    (Public  and  Private  sector)  with  each  contributing  significantly  to  the  partnership.  Different
                    perspectives between public and private sector partners can be reconciled, leveraged, and further
                    capitalized as an advantage by a successful partnership. Innovative ideas can be jointly developed
                    by partners to enhance the value for the ultimate customers by splitting the investments, revenues,
                    and risks.

                    Technology and demand uncertainty pose great opportunities as well as challenges for the future.
                    In the case of SDP, there is ample opportunity for incorporating new services and functionality in
                    the  platform  through  innovation;  albeit  with  certain  risks.  Hence,  it  will  be  quite  important  to
                    balance rewards and risks in the future while innovating new services and functionality. Additionally,
                    establishing and adopting an appropriate governance model will be quite key for sustaining the
                    success of SDP.
                   Focus on knowledge and skills building:
                    Ongoing training, workshops and awareness events are held to enhance platform services and data
                    related  skills  of  government  employees.  Additional  city  wide  awareness  sessions,  educational
                    programs and hackathons drive data usage and enhance the insights unlocked from data.
                   Recognize and award success:
                    Awarding  success  and  recognizing  efforts  are  important  for  ensuring  participants’  continuous
                    contribution  and  active  involvement  in  these  transformative  initiatives.  Data  providers  that
                    contribute to the Dubai Data use cases, for example, are recognized and their efforts are highlighted
                    at the highest levels of leadership in Dubai Government. Compliance is driven by awarding the
                    entities that engage with these initiatives and reporting high achievers to top leadership in the
                    Emirate.  Additionally,  key  performance  indicators  were  infused  in  Dubai  Government  level
                    programs and awards, to drive up participation of local government data providers in the initiative
                    and to utilize city-wide platform services.
                   Active communication, engagement and inclusiveness:
                    Smart Dubai promotes extensive participation in both initiatives and the usage of Dubai Data by
                    focusing  on  real  use  cases  and  policy  problems  in  the  city  and  demonstrating  visual  analytical
                    findings to government entities. By showcasing how the platform and data publication and exchange
                    can help solve real life challenges that city planners face, city entities are more eager than ever to
                    take part in these initiatives. Furthermore, there is ongoing communication about the progress of
                    these initiatives and the activities conducted through direct and indirect channels.
                   Facilitating demand and supply:
                    The value of the platform and the data in Dubai will be realized based on: the quality of the supply
                    of platform services and the open and shared data on it; and the demand from users. Without use
                    and reuse of data, the value derived from opening and sharing data will be minimum. Smart Dubai
                    and Dubai Data Establishment play a facilitation role in determining the priority list of platform
                    services  and  datasets  to  be  opened  and  shared  with  data  providers.  Needless  investment  in
                    generating, opening and sharing data that are not conductive to value creation is avoided through
                    a  robust,  collaborative,  needs-based  prioritization  approach.  Furthermore,  efforts  are  taken  to
                    enhance the quality of platform services and the data supply making it reliable, discoverable and
                    interoperable.






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