open data 500: business setting out to use open data [email protected] the world bank, july 23,...
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Open Data 500: Business Setting Out to Use Open Data
The World Bank, July 23, 2014
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1. The Open Data Landscape and Open Data 500
2. The Role of Government3. Six Business Models
4. Approaches for Developing Economies
The Open Data Landscape and Open Data 500
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Open Data Landscape and Open Data 500
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Open Data Landscape and Open Data 500
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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Open Data Landscape and Open Data 500
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.
Open Data Landscape and Open Data 500
Beth Noveck,Founder & Director
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Open Data Landscape and Open Data 500
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Goals of the Open Data 500:
1. Provide a basis for assessing the economic value of government open data
2. Encourage the development of new open data companies
3. Foster a dialogue between government and business on how government data can be made more useful
Open Data Landscape and Open Data 500
www.OpenData500.com
#OD500
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Open Data Landscape and Open Data 500
Open Data Landscape and Open Data 500
The Role of Government
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The Role of Government
“[Open Data is] going to help launch more businesses. . . . It’s going to help more entrepreneurs come up with products and services that we haven’t even imagined yet.” – May 2013
President Barack Obama
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The Role of Government
• “Presumption of openness”• Machine-readable• Reusable• Timely• Developed with consultation
The U.S. Open Data Policy (May 2013)
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The Role of Government
Open Data Roundtables: Building on the OD500
“New York University’s GovLab . . . is now hosting a series of Open Data Roundtables to bring companies and government data owners together. Specific, actionable feedback from these sessions and others has the potential to improve descriptions, formats, and accessibility of government data.”
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The Role of Government
• Prioritize the most important datasets in each agency
• Improve each agency’s data and make it easier to find, access, and work with
• Connect businesses with agency staff who provide data
• Foster continued collaboration• Increase public awareness of Open Data and its
uses
Planned Outcomes of the Roundtables
The Role of Government
Six Business Models
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Six Business Models
Health Education Energy Use
Financial Services Transportation
Opportunities in Many Sectors
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Six Business Models
• Advertising • Subscriptions • Lead generation• Data management and analytics • Licensing• Consulting
Major Revenue Sources for Open Data Companies
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Six Business Models
Advertising – FindTheBest (consumer information)
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Six Business Models
Subscriptions – Aidin (healthcare)
Six Business Models
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Lead generation – Credit Sesame (personal finance)
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Six business models
Lead generation – Redfin (real estate)
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Six Business Models
Data management/analytics – Socrata (government)
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Six Business Models
Licensing (software) – Climate Corporation (agriculture)
Climate Corporation offices in San Francisco
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Six Business Models
Licensing (database) – Tagnifi (finance)
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Six Business Models
Consulting – Enigma.io (government data)
Approaches for Developing Economies
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Approaches for Developing Economies
“The commercial value of open data remains untapped . . . in developing countries.”
Prasanna Lal Das, The World Bank
• Availability of good Open Data is a major limitation
• But: Mobile access is ubiquitous• Information can be presented by phone, not
laptop• Government Open Data can be supplemented by
expert research or crowdsourcing
The Data-for-Development Dilemma
Improved information access and better communication channels for small-scale farmers and agricultural workers through their mobile phone via voice messages and SMS
Approaches for Developing Economies
Approaches for Developing Economies
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Approaches for Developing Economies
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Approaches for Developing Economies
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Approaches for Developing Economies
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For More Information
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For More Information
TheGovLab.org: Visit Our Wiki, Subscribe to Our Digest
Open Data 500: Business Setting Out to Use Open Data
The World Bank, July 23, 2014
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