Businesses will need to share private data with suppliers to improve efficiency as their operations become more automated, says the creator of the Web, Sir Tim Berners-Lee.
"In the new world, it is not just about getting data about your own company. You will be gently opening up the data to your partners, agreeing to exchange information," said Berners-Lee, addressing delegates at the IP Expo trade event in London.
"This is not public data - it is not in publicly available online - it is about exchanging very powerful data specifically with your business partners."
He said that by connecting systems it will be easier to manage supply chain operations, for example, such as offering the ability to predict stock shortages.
"It will run much more efficiently, you will be able to cut down on how much you stock, you will be able to predict things better," he said.
"Computers and programmes are going to be doing all of the planning - they are going to be very smart, but they are going to need to talk to each other."
Berners-Lee also pointed out that consumers need to realise the value of their personal data, which can be used to provide more than just targeted advertising, with potential benefits around healthcare.
"I would like to build a world in which I have control of my data. I own it and can sell it you if it is worth it, we can negotiate a price for it to be used for advertising," he said.
"But more importantly I will have control of, access to and legal ownership of all of the data about me, and we will be able to write really neat applications which take that data from all different parts of our lives - and our friends lives - and help me live life in a more healthy way."
This story, "Businesses Must Exchange Private Data with Partners to Drive Efficiencies, Says Berners-Lee" was originally published by Computerworld UK.