Background

Data's New Wave

How The Co-Op Model is Reshaping HR Tech

Most HR technology companies rely on data to power their products and platforms. But you don’t just need more data, you need greater accuracy and a more open, transparent data ecosystem. You need a data source that can compete against the Big Five: Google, Meta, Amazon, Apple, and Microsoft, as well as recruiting giants like LinkedIn, Indeed, and ZipRecruiter. You need a data source that also sets higher standards for privacy, validation, verification—even pricing.

The Five By Five Data Co-op is changing the game in how personal data is captured, shared, sold, and validated while shifting the balance of power in the industry. And presenting better options for growing technology.

In this eBook, you’ll learn:

  • The pitfalls of the data brokerage model
  • How the Five By Five Data Co-Op works
  • HR Tech use cases and benefits for co-op members
  • The future of open-source data

“This system gives brokerages significant economic power with little transparency and quality control. To make matters worse, those brokers tend to aggregate, deduplicate, and process data in ways that increase latency. So, increasingly, the data you buy is outdated by the time you receive it.

— Data’s New Wave

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