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The economic value behind (Linked) Open Data - Toon Vanagt

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The economic value behind (Linked) Open Data by Toon Vanagt

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The economic value behind (Linked) Open Data - Toon Vanagt

  1. 1. Economic Value behind Open Data Cookbook to add flavour & economic value to our data society Software is eating the world ? Data is eating the world ! Open Belgium conference 29/02/2016 Antwerp Toon Vanagt - @Toon Chairman Open Knowledge Belgium (OKB) Co-founder data.be
  2. 2. Data Value Chain Open data is any content or info that people are free to use, re-use and redistribute — without any legal, technological or social restriction (transport time tables, company info, weather data, real estate ledgers, case law publications..) Public Data Publically accessible data from websites, social networks (Facebook, Twitter, Linkedin, Swarm/ Foursquare ), blogs (Drupal, WP), news feeds, product feeds (ecommerce) and more. Re-use is often not formalised and implicit… Closed Data Authentication/secured access is required to use proprietary corporate data (marketing campaigns, customers, suppliers, accounting, transactions, projects) personal data (residence, healthcare, genes, sexual orientation, religion, birth date) or device data (IoT, sensors)
  3. 3. Unlock value in data economy 2 data flow types: Create value by mashing up data sets Open Data + Public Data + Closed Data = holy data grail •  Static vs Dynamic •  Structured vs Unstructured
  4. 4. Move up the value chain Reverse trend of declining prices with big (open) data Move up the information ladder by asking users for input Combine, correlate and improve quality of data sets Bring new value from raw (open) data sets Visualise in new ways Mine deeper to dig out “insights” (not just basic statistics) Any company can now run its “own Google”
  5. 5. Add value by features Notifications Mobile App Real time Visualisations Analytics Web Data Integration Historic Data & Trends Enriched/Linked Data Social Graph
  6. 6. Transport data revolution moving from closed to public to open Open Closed Public
  7. 7. Transport data revolution moving from closed to public to open Open Closed Public
  8. 8. Transport data revolution moving from closed to public to open h"ps://hello.irail.be/g0s/   Open Closed Public
  9. 9. GTFS - General Transit Feed Specification common format for public transportation schedules and associated geographic information Open h"ps://hello.irail.be/g0s/   h"p://tracker.geops.ch/  
  10. 10. Business data Open Closed Public Low hanging fruit
  11. 11. Business data Annual account summary Graphics say more than a thousand numbers
  12. 12. Business data Add closed data: bank statement transactions to feed ‘enriched’ customer listings & risk analyzers Customer opt-in for integration & enrichment
  13. 13. Business data Notify on changes & find similar prospects based on company age, location, size and industry Notify on changes in customer data
  14. 14. Business data Make your dashboards interactive Add easy analytics from donuts to maps
  15. 15. Climate change in Belgium? 1833-2014: Seasonal pattern form average monthly temperatures / © @maartenzam Open Closed Public
  16. 16. Real Estate Open Closed Public Web + Mobile Real Estate websites
  17. 17. Knowledge from the crowd Public Leverage on feedback loop from users
  18. 18. One more thing: Lex.be Open Closed Public Will be launch on 7/3/2016 looking for legal pros for feedback
  19. 19. •  PSI compliance is overdue… •  Privacy…legal conflicts •  SaaS product/market fit •  API: adoption takes time •  Missing feedback loops to authentic data set owner •  From closed to public to open data •  Open data is not limited to governments… •  Think network with linked data Challenges Belgium’s Open Knowledge ranking advanced from #53 (2014) to #35 (2015)!
  20. 20. Economic Value behind Open Data Cookbook to add flavour & economic value to our data society Software is eating the world ? Data is eating the world ! Open Belgium conference 29/02/2016 Antwerp Toon Vanagt - @Toon Chairman Open Knowledge Belgium (OKB) Co-founder data.be

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