MoDAT, the Market of Data, is a market where data and items linked to data are dealt with. Participants of this market include data provider, data user, data broker, data scientists, and latent stakeholders who may play a role in any businesses created using data. The goal of MoDAT is to realize data driven innovation, by reasonable methods of using and reusing data. Decisions to open data free, to sell data for suitable prices, or to exchange/share after negotiation, are made in the market of data to fit demands of data users and development of technologies. In negotiation, participants should discuss use-scenarios of data until they learn the value of data and, in a good case they feel free to share/exchange data with each other.

In MoDAT workshops since ICDM2013 till ICDM2016, we discussed how to design the market of data. So far, ideas were born to lead productive actions in businesses and sciences - including industrial, political, and educational sectors - with the aid of analogy, web mining, data links and so forth.

A good feature of the market of data is that resources (data, tools with AI, and devices for collecting data, i.e., sensors) have been invented by data scientists and data/sensor providers to fit the requirements of data users. That is, participants once try to combine existing resources but start to explore new resources, and finally decide to create new data, tools, and sensors. Also, we believe participants of ICDM, have rich resources to combine, and for accelerating the exploration and creation of resources. This year we focus on researchers’ motivation to ignite creativity, which may be derived from the real market of data, such as the requirements of real or latent users. We call for anyone interested in this topic and MoDAT.