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Understanding corporate networks the open data way
 

Understanding corporate networks the open data way

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Chris Taggart, co-founder and CEO of OpenCorporates,at Personal Democracy Forum, Jun 2013, on corporate networks and hierarchies, including OpenCorporates' new features and examples using Facebook's ...

Chris Taggart, co-founder and CEO of OpenCorporates,at Personal Democracy Forum, Jun 2013, on corporate networks and hierarchies, including OpenCorporates' new features and examples using Facebook's corporate network

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    Understanding corporate networks the open data way Understanding corporate networks the open data way Presentation Transcript

    • the crazy, complex worldof corporate networks
    • ...but much of it is invisible to us(citizens, journalists, NGOs, regulators,governments, SMEs, etc...)We live in a corporateworld
    • But what is a company?
    • But what is a company?It’s no longer this
    • But what is a company?or thisIt’s no longer this
    • butthis
    • orthis
    • http://www.flickr.com/photos/jamescridland/613445810And complexity is good ifyou want to avoid detection
    • “Out of 150large-scalecorruptioncases themajority usedcompanies tohide themoney trail”
    • “Out of 150large-scalecorruptioncases themajority usedcompanies tohide themoney trail”Because the corporate world isfertile ground for criminal activity
    • http://www.flickr.com/photos/propagandatimes/5242113537Complexity and opacityalso provide incentivesfor bad behaviour
    • That’s why we startedOpenCorporatesGoal: An openly licensed database with anentry for every company in the world
    • To demolish informationsilos on companies
    • From 3 million to over 50 millioncompanies in just 2 years
    • URI is based on the companyregister ID, meaning it’s openand IP-free
    • URI is based on the companyregister ID, meaning it’s openand IP-free
    • URI is based on the companyregister ID, meaning it’s openand IP-freeAlso importing public data –trademarks, governmentspending, official registers &gazette notices...
    • All Openly Licensed,allowing free reuse,even commercially
    • ... and the directors too
    • ... and the directors toosimilarly namedother resourcesNow over 55 million officersFrom the UK to US to India
    • • Thousands of user-contributed data• Over 800 registered users of the API
    • Platform enables the outside world to comeup with cool insights/uses for your data
    • And now we’re tacklingcorporate structures...
    • And now we’re tacklingcorporate structures...Enabled by a grant from theAlfred P Sloan Foundation
    • ...from dispersed publicsources + the crowd
    • ...from dispersed publicsources + the crowd
    • ...from dispersed publicsources + the crowd
    • ...from dispersed publicsources + the crowd
    • ...from dispersed publicsources + the crowd
    • findingnewinsights
    • ...anderrorstoono suchcompany
    • What a modern financialcompany looks like(highly simplified &truncated views)
    • What a modern financialcompany looks like(highly simplified &truncated views)
    • What a modern financialcompany looks like(highly simplified &truncated views)
    • What a modern financialcompany looks like(highly simplified &truncated views)privateunlimitedcompany
    • Anotherexamplehttp://www.flickr.com/photos/fbouly/3568409530/sizes/l/
    • The company that wants toknow your network... everyfriend... every interactionhttp://www.flickr.com/photos/jeffmcneill/5260815552/sizes/l/
    • This is what we got fromtheir SEC filings as dataFacebook, Inc
    • Facebook, IncThis is what we got fromtheir SEC filings as text
    • Facebook, Inc(and turned into data)This is what we got fromtheir SEC filings as text
    • Facebook, IncPinnacle Sweden ABVitesse LLCFacebook Operations LLCFacebook Ireland LimitedEdge Network Services LimitedAndale Acquisition Corp(and turned into data)This is what we got fromtheir SEC filings as text
    • Facebook, IncFacebook Ireland LimitedEdge Network Services LimitedPinnacle Sweden ABVitesse LLCFacebook Operations LLCAndale Acquisition CorpThen we started investigating
    • Facebook, IncFacebook Ireland LimitedEdge Network Services LimitedPinnacle Sweden ABVitesse LLCFacebook Operations LLCAndale Acquisition CorpThen we started investigating
    • Facebook, IncFacebook Ireland LimitedEdge Network Services LimitedThen we started investigating
    • Facebook, IncFacebook Ireland Limited Edge Network Services LimitedThen we started investigating
    • Then we started investigatingFacebook, IncFacebook Ireland Limited Edge Network Services Limited
    • Then we started investigatingFacebook, IncFacebook Ireland Limited Edge Network Services LimitedFacebook Ireland HoldingsRandomus Investments Limited
    • Then we started investigatingFacebook, IncFacebook Ireland Limited Edge Network Services LimitedFacebook CaymanHoldings Unlimited IVFacebook Ireland HoldingsRandomus Investments LimitedFacebook InternationalHoldings II Ltd
    • Then we started investigatingFacebook, IncFacebook Ireland Limited Edge Network Services LimitedFacebook CaymanHoldings Unlimited IVFacebook CaymanHoldings Unlimited IIFacebook CaymanHoldings Unlimited lllFacebook Ireland HoldingsRandomus Investments LimitedFacebook InternationalHoldings II LtdFacebook InternationalHoldings I LtdFacebook CaymanHoldings Unlimited I
    • So the question is, greatcompanies of the world:what have yougot to hide?http://www.flickr.com/photos/grumpychris/147840937/sizes/l/