Itsmydata has developed a private data ecosystem and built a community of tens of thousands of participants and partner companies. Users should be able to exercise full control over their data and decide whether and to what extent they want to participate in data-driven innovations that create value. In return, the platform is designed to enable companies to develop innovative products, services, and business models based on the shared user data. The Munich-based startup was founded in 2017 by Alexander Sieverts and Michael Giese. The founders previously worked at Schufa, major insurance companies, and as managing directors of a data analysis firm.
The Munich are now equipped with their own Website also active in Austria. Alexander Sieverts, Co-Founder and Managing Director, says:
“From now on, Austrians can also regain control over their data, control how third parties use it, and harness the value of their data.”
“Itsmydata is successful and growing”
The second co-founder and managing director Michael Giese announces:
"This marks the beginning of the internationalization of Itsmydata services and will expand into additional markets in 2023. Itsmydata is successful and growing, and the launch in Austria is an important milestone in the further establishment of a fair data economy. Experience in Germany has shown how important these services are in times of big data, e-commerce, and the like. As a technology provider, we are helping to accelerate the transformation to a fair data economy."