Data Silos Threaten Innovation in Key Sectors, New Report Warns

Data sharing between the public and private sectors in the U.S. is plagued by major legal, social and economic barriers that hinder innovation across key industries, including health care, financial services and education, according to a new report.

The Center for Data Innovation think tank published a report Monday that warns the U.S. is trending towards a landscape of data silos, with overly restrictive data privacy laws and a lack of technical standards severely limiting the potential benefits from enhanced data sharing efforts.