Roundtable on Public Private Partnership
11 – 12 May, GLASSHOUSE
The progress of SDIs, open data initiatives, and technological advancements is dependent on the partnership and collaboration between public and private stakeholders. Traditionally SDIs and policy frameworks have been the forte and primary responsibility of the public sector, but with the increasing amount of spatial data in the custody of private entities, it has become increasingly important to collaborate for co-innovating and strengthening integrated data spaces, while also considering the private sector requirements.
The long timelines associated with the creation of location data have hindered Public Private Partnerships (PPP) in the sector. Hence rather than focusing on traditional PPPs, new value- based partnerships based on co-creation, and sharing the value of derived knowledge needs to be developed. The 4th Industrial Revolution also introduces new purposes for partnerships i.e., the need for integration of analytics, digital platforms/networks, and multiple sources of information for derivation of knowledge and value.
The public sector recognizes the increasing importance of partnering with the private sector for adopting and integrating the latest technology into their workflow. The coming together of the public and private sector offers the best of both worlds. As part of the collaboration, the public sector can leverage their core strengths of legal authority and procurement policies, whereas the private sector can offer their expertise in new technology, cash flow management, personnel development etc.
In the location industry, partnerships between the public and private sector span a spectrum of models that progressively engage the expertise or capital of the private sector with shared risk. The scope of collaborations span across three areas:
- Collaboration for data
- Collaboration for developing location infrastructure
- Collaboration for services
The roundtable will:
- bring together leaders from public agencies and industry to discuss the innovations in partnership help deliver next-gen infrastructure and services
- focus on financing and business model around PPP.
- identifying the merits and risks of P3 delivery structures and appropriate project delivery models
TOPIC OF DISCUSSION
Discussion Topic 1: Sustainable financing model
- Drivers for attractive areas for PPPs
- Role of stakeholders
- Sources, providers of project finance
- Regulatory Governance
Discussion Topic 1: Managing distributed data and business models
- PPP for Managing distributed data in an increasingly complex digital world
- Collaboration in Data-driven business model development
- Strategies for designing a wining business models