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Releasing open data fuels economic activity, creating value in both the public and private sector. Research from McKinsey suggests that seven sectors could generate more than $3 trillion a year in additional value as a result of open data, which is already giving rise to hundreds of entrepreneurial businesses and helping established companies to segment markets, define new products and services, and improve the efficiency and effectiveness of operations. While governments looking for economic outcomes from open data must focus on releasing assets with business value, the reach of that category across sectors is quite broad, as new research from New York University (NYU) makes clear.
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Open Data and the Private Sector
Joel.Gurin@gmail.comWorld Bank Live, March 10, 2014
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The GovLab’s Central Hypothesis
When governments and institutions open themselves to diverse participation and collaborative problem-solving, and partner with citizens to make decisions, they are more effective and legitimate.
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Opening Government Through Open Data
Open Data: Accessible, public data that people, companies, and organizations can use to launch new ventures, analyze patterns and trends, make data-driven decisions, and solve complex problems.
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Defining Open Data
Mapping the Business Landscape
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Driving Business Growth in All Sectors
Health Education Energy Use
Financial Services Transportation
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• Criteria:– U.S. based– National or regional scale (mostly federal data)– Open Data must be key to business
• More than 500 companies contacted so far• Wide range of sectors covered• Partnering with Open Data Institute to replicate in
the U.K.• Interest in 15 countries at different stages of
development
Open Data 500: The Study So Far
www.OpenData500.com
#OD500
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Business Growth: Finance
40K Public Companies, Updated Daily
Business Growth: Health
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Business Growth: Energy
Data for Energy Savings
Ogi Kavazovic, VP Marketing & Strategy
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Business Growth: Education
Bill Jackson, CEO
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Business Growth: Data and Technology
Improved information access and better communication channels for small-scale farmers and agricultural workers through their mobile phone via voice messages and SMS
Open Data in Developing Countries: Case Study in Ghana
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Lessons for Development
• Mobile access is ubiquitous• But: Availability of good-quality Open Data can
be a major limitation• Major work may be needed to apply Open Data• Need to present information at different levels
(detailed charts vs. voice info in regional dialects)
• One approach: Develop new kinds of Open Data, for example through expert research or crowdsourcing
Developing New Open Data
New Kinds of Open Data: Traffic
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New Kinds of Open Data: Energy
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New Kinds of Open Data: Services
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Pulse Point in the U.S.: “Enabling Citizen Superheroes”
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Tapping the Crowd
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Tapping the Crowd
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Developing Data on Extractive Industries
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For More Information
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For More Information
TheGovLab.org: Visit Our Wiki, Subscribe to Our Digest
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For More Information
Learn about Open Data at OpenDataNow.com
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For More Information
Open Data and the Private Sector
Joel.Gurin@gmail.comWorld Bank Live, March 10, 2014
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