The Obama Government defines data as the new future petroleum, and portraying how government should grasp the opportunities to create the maximum value of data. Data are the key resources for inspiring new knwoledge, which further drives and creates value, cultivating new products, improving oepraitnoal process or providing benefits such as decision making. Such mechanism is known as the data-driven innovation economy. In view of the industry value chain, the service activities provided by different types of service industries include “data collection, processing, transaction, and platform establishment,” “data analysis and value-added application” “and data application professional knowledge consultancy” services. The foremost important issue under the trends of data economy is to grasp the industry characteristics and business opportunities hidden and to provide key factors of development in innovation applications.
I、Data are considered the new petroleum of the 21st century, opening up for many business opportunities
II、Industrial Features of Data Economy
Ⅲ、Value Chain of Data Economy Service Industry
Ⅳ、Conclusion:
Figure 1: Cumulative Value under Data Value Cycle
Figure 2: Value Chain of Data Economy Service Industry