Open Data 500: Business Setting Out to Use Open Data The World Bank, July 23, 2014 1.

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Presentation transcript:

Open Data 500: Business Setting Out to Use Open Data The World Bank, July 23,

1.The Open Data Landscape and Open Data The Role of Government 3.Six Business Models 4.Approaches for Developing Economies

The Open Data Landscape and Open Data 500

Open Data Landscape and Open Data 500 4

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. 5

Open Data Landscape and Open Data 500 6

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

Open Data Landscape and Open Data 500 8

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 9 Open Data Landscape and Open Data #OD500

Open Data Landscape and Open Data

Open Data Landscape and Open Data 500

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 President Barack Obama

The Role of Government “Presumption of openness” Machine-readable Reusable Timely Developed with consultation 14 The U.S. Open Data Policy (May 2013)

The Role of Government 15 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.”

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 16 Planned Outcomes of the Roundtables

The Role of Government

Six Business Models

19 Health EducationEnergy Use Financial ServicesTransportation Opportunities in Many Sectors

Six Business Models Advertising Subscriptions Lead generation Data management and analytics Licensing Consulting 20 Major Revenue Sources for Open Data Companies

Six Business Models 21 Advertising – FindTheBest (consumer information)

Six Business Models 22 Subscriptions – Aidin (healthcare)

Six Business Models 23 Lead generation – Credit Sesame (personal finance)

Six business models 24 Lead generation – Redfin (real estate)

Six Business Models 25 Data management/analytics – Socrata (government)

Six Business Models 26 Licensing (software) – Climate Corporation (agriculture) Climate Corporation offices in San Francisco

Six Business Models 27 Licensing (database) – Tagnifi (finance)

Six Business Models 28 Consulting – Enigma.io (government data)

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 30 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

32

Approaches for Developing Economies 33

Approaches for Developing Economies 34

Approaches for Developing Economies 35

For More Information

37 TheGovLab.org: Visit Our Wiki, Subscribe to Our Digest

For More Information 38 Website and contact:

Open Data 500: Business Setting Out to Use Open Data The World Bank, July 23,