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8/11/2019 Financial open data - South Korea - 2014-09-18
1/26
@ianmakgill @spendnetwork
Open data and government financesMaking Transparency Work - 2014.09.18
8/11/2019 Financial open data - South Korea - 2014-09-18
2/26
@ianmakgill @spendnetwork
1. Who am I?
2. Why make financial data open?
3. How to make finance data open?
4. Why we need open data businesses
8/11/2019 Financial open data - South Korea - 2014-09-18
3/26
@ianmakgill @spendnetwork
1. Who am I?
2. Why make financial data open?
3. How to make finance data open?
4. Why we need open data businesses
8/11/2019 Financial open data - South Korea - 2014-09-18
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@ianmakgill @spendnetwork
I know more about governmentspending than government does.
8/11/2019 Financial open data - South Korea - 2014-09-18
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@ianmakgill @spendnetwork
The ideal open financial data environment
Budgets
Projects
Tenders
Contracts
Transactions
Receipts
8/11/2019 Financial open data - South Korea - 2014-09-18
6/26
@ianmakgill @spendnetwork
1. Who am I?
2. Why make financial data open?
3. How to make finance data open?
4. Why we need open data businesses
8/11/2019 Financial open data - South Korea - 2014-09-18
7/26@ianmakgill @spendnetwork
Spend with SMEs
01/04/2011 01/09/2011 01/02/2012 01/07/2012 01/12/2012 01/05/2013 01/10/2013
8/11/2019 Financial open data - South Korea - 2014-09-18
8/26@ianmakgill @spendnetwork
Spend: budget management
0.00
6,000,000.00
12,000,000.00
18,000,000.00
24,000,000.00
Apr 2011 Aug 2011 Dec 2011 Apr 2012 Aug 2012 Dec 2012 Apr 2013 Aug 2013
8/11/2019 Financial open data - South Korea - 2014-09-18
9/26@ianmakgill @spendnetwork
Monitor supplier performance
0
15,000,000
30,000,000
45,000,000
60,000,000
May 2013 un 2013 Jul 2013 Aug 2013 Sep 2013 Oct 2013
CAPITA BUSINESS SERVICES LTDCAPITA RESOURCING LIMITEDCAPITA PROPERTY AND INFRASTRUCTURE LIMITEDCAPITA HARTSHEAD BENEFIT CONSULTANTS LIMITED
8/11/2019 Financial open data - South Korea - 2014-09-18
10/26@ianmakgill @spendnetwork
Monitor a category
Comensura (38.4%)
Matrix SCM (16.6%)
Randstad (8.0%)
Hays (7.2%)
Manpower (5.9%)
Pertemps Group (4.9%)
8/11/2019 Financial open data - South Korea - 2014-09-18
11/26
@ianmakgill @spendnetwork
Monitor tender performance
50
100
150
200
250
2010 2011 2012 2013
Germany Greece Netherlands Poland United Kingdom
8/11/2019 Financial open data - South Korea - 2014-09-18
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@ianmakgill @spendnetwork
Monitor the burn on every budget and contract
8/11/2019 Financial open data - South Korea - 2014-09-18
13/26
@ianmakgill @spendnetwork
1. Who am I?
2. Why make financial data open?
3. How to make finance data open?
4. Why we need open data businesses
8/11/2019 Financial open data - South Korea - 2014-09-18
14/26
@ianmakgill @spendnetwork
The ideal open financial data environment
Budgets
Projects
Tenders
Contracts
Transactions
Receipts
8/11/2019 Financial open data - South Korea - 2014-09-18
15/26
@ianmakgill @spendnetwork
A total register of all public entities
Govt
Register
Budgets
Projects
Tenders
Contracts
Transactions
Receipts
8/11/2019 Financial open data - South Korea - 2014-09-18
16/26
@ianmakgill @spendnetwork
And for companies too (opencorporates.com)
Company
Register
Budgets
Projects
Tenders
Contracts
Transactions
Receipts
http://opencorporates.com/8/11/2019 Financial open data - South Korea - 2014-09-18
17/26
@ianmakgill @spendnetwork
Then we can know who bought from whom
Company
Register
Govt
Register
Budgets
Projects
Tenders
Contracts
Transactions
Receipts
8/11/2019 Financial open data - South Korea - 2014-09-18
18/26
@ianmakgill @spendnetwork
To know what was bought we build in categorisation
Company
Register
Govt
Register
Budgets
Projects
Tenders
Contracts
Transactions
Receipts
8/11/2019 Financial open data - South Korea - 2014-09-18
19/26
@ianmakgill @spendnetwork
Where we are in the UK.
Company
Register
Budgets
Projects
Tenders
Contracts
Transactions
Receipts
8/11/2019 Financial open data - South Korea - 2014-09-18
20/26
@ianmakgill @spendnetwork
As well as this, you have to validateevery entry for errors and omissions.
8/11/2019 Financial open data - South Korea - 2014-09-18
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@ianmakgill @spendnetwork
1. Who am I?
2. Why make financial data open?
3. How to make finance data open?
4. Why we need open data businesses
8/11/2019 Financial open data - South Korea - 2014-09-18
22/26
8/11/2019 Financial open data - South Korea - 2014-09-18
23/26
@ianmakgill @spendnetwork
An open data entrepreneur sees anopportunity to work with the data.
Theyre not commissioned by Government,they just see the opportunity and take it.
8/11/2019 Financial open data - South Korea - 2014-09-18
24/26
@ianmakgill @spendnetwork
When an open data entrepreneur builds abusiness with your data, you get:
Investment
Commitment
Validation
Insight
As well as economic growth and new jobs.
8/11/2019 Financial open data - South Korea - 2014-09-18
25/26
@ianmakgill @spendnetwork
Government has to be patient, it may take awhile for entrepreneurs to build products.
Follow the ODI model for incubation
Run innovation competitions Seed fund for specific outputs Be glad for businesses to get rich
from open data.
8/11/2019 Financial open data - South Korea - 2014-09-18
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@ianmakgill @spendnetwork
www.spendnetwork.com
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