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Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigen g.com

Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng [email protected]

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Page 1: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Open Data and Economic Growth

Andrew Stott Senior ConsultantWorld Bank

Washington DC23 July 2014 v0.2

@[email protected]

Page 2: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Why is Open Data beneficial?

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Page 3: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

New Services

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estate agents/ realtors

Financial services

builders and other local services

Page 4: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Greater Efficiency

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Page 5: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Better Decisions

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Page 6: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

The Size of the Potential Prize

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Page 7: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

McKinsey Global Institute

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Page 8: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

European Commission: Vickery & Deloitte

Open Gov Data in EU would

‒ increase business activity by up to €40 Bn/yr

‒ have total benefits up to €200 Bn/yr

Open Data was reused 10x-100x

New types of re-users, in particular SMEs.

Costs increase very little

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Page 9: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Omidyar/Lateral Economics

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Mechanism % of Aus GDP

Trade facilitation 0.10

Fiscal and Monetary Policy 0.23

Anti-Corruption 0.10

Employment Efficiency 0.22

Energy Efficiency 0.11

Infrastructure – optimising use 0.13

Infrastructure – efficiency in building 0.10

Page 10: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Possible Benefits of Open Data

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Date Study Total (%GDP)

2013 McKinsey 4.1

2011 EC 1.5

2014 Lateral Economics 1.1

2013 Shakespeare 0.4

Normalised using IMF, World Bank and OECD data

Page 11: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

What are the Open Data Businesses

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Page 12: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Suppliers

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2004 2010

Online publications

Pay per use Free of charge

Downloads 130,300 1,093,000

Premium Accounts

36 69

Premium analyses

78,000 EUR 152,000 EUR

Page 13: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Aggregators

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Page 14: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Developers

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Page 15: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Enrichers

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Page 16: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Enablers

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Page 17: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Measuring Benefits is not easy

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Page 18: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Timescale?

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Page 19: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Which data is most valuable or most widely valuable?

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Page 20: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Geospatial Reference Data: Maps & Addresses

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Page 21: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Transport Information

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Page 22: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Census and other detailed statistics

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Page 23: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Government Spending and Procurement

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Page 24: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Weather Data

Page 25: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

How can Governments achieve the benefits?

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Page 26: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Government as Supplier

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Page 27: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Government as Leader

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Page 28: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Government as Catalyst

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Page 29: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Government as User

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Page 30: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

How far is this potential available to developing countries?

Relative size of sectors?Gaps between current and potential

efficiency?Availability of data?Public Management model?Infrastructure?Skills?Business environment?Markets for data-rich services?

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Page 31: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

Thank you

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Page 32: Open Data and Economic Growth Andrew Stott Senior Consultant World Bank Washington DC 23 July 2014 v0.2 @dirdigeng andrew.stott@dirdigeng.com

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