Building Businesses on Open Government Data
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SXSW presentation by Joel Gurin
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Building Businesses on Open Government Data
- 1. Jed Sundwall Seattle, WA @jedsundwall Building Businesses with Open Government Data Joel Gurin Washington, DC @joelgurin SXSW 2015 - Austin, TX #odbusiness Marc DaCosta New York, NY @marc_dacosta
- 2. @JoelGurin joel@odenterprise.org @odenterprise opendataenterprise.org Unlocking Open Data’s Value Joel Gurin President & Founder
- 7. Open Data is free, publicly available data that anyone can use and access, without restrictions. It is a major global resource for economic growth and social good.
- 9. THE CENTER FOR OPEN DATA ENTERPRISE is a non-profit organization that develops smarter open data strategies for governments, businesses, and nonprofits by focusing on data users.
- 10. THE CENTER FOR OPEN DATA ENTERPRISE We Map We Convene We Implement
- 11. The U.S. Open Data Policy (May 2013) We Map
- 12. The U.S. Open Data Policy (May 2013) The first centralized, searchable database of open data use cases around the world. A way to explore open data use trends through filters and visualizations. A tool for comparative analysis by country, region, or city. A way to understand the value of open data applications, identify best practices, and encourage the use of open data. We Map – The Open Data Impact Map Is:
- 13. The U.S. Open Data Policy (May 2013) Help Us Build The Map Join our effort to represent your country, region, or city to make the Map a truly global view of open data’s impact. Sign up to get involved: opendataenterprise.org/map @odenterprise #opendatamap
- 14. We Convene
- 17. Government Data for Business Growth “[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.” President Barack Obama, May 9, 2013, at Applied Materials, Inc. in Austin President Barack Obama
- 18. How the Private Sector Uses Open Data New Businesses, Products, or Services Business Optimization
- 19. How the Private Sector Uses Open Data Business Optimization Greater efficiency Competitive advantage Improved decision-making
- 21. 21 Advertising – FindTheBest (consumer information) Six Business Models
- 22. Subscriptions – Aidin (healthcare) Six Business Models
- 23. 23 Lead generation – Credit Sesame (personal finance) Six Business Models
- 24. 24 Data management/analytics – Socrata (government) Six Business Models
- 25. Consulting Fees – Deloitte Six Business Models
- 26. Licensing (database) – Tagnifi (finance) Six Business Models
- 27. Licensing (software) – Climate Corporation (agriculture) Six Business Models
- 28. Partner with us
Editor's Notes
- Introduction To talk to you about how open data can be used for business.
- Introduction To talk to you about how open data can be used for business.
- -Represent the Center -New org based in Washington DC. -Were incubated at GovLab, where we developed the Open Data 500, the first comprehensive study of companies using open data. -Today I want to talk to you about what we’ve found in the US and abroad on how the private sector can use open data.
- Lots of different business model frameworks and taxonomies. Generally speaking, we classify private sector open data use in 2 ways: Business Optimization – Improving your current established business Greater efficiency Competitive advantage Improved decision-making New Businesses, Products, or Services Data management and service companies Data-driven products and services
- Greater efficiency More timely, cost and resource effective Boost performance with data on benchmarks, market data, and best practices. Improve operations based on industry-wide benchmarks Change processes where data show performance can be improved Example: for an energy company – encouraging energy efficiency with data on consumption Example: Streamlining logistics Competitive advantage Improved products and services based on market trends Match supply and demand more accurately Make markets more competitive by making more information available Find and assess potential new markets Improved decision-making identify micro-segments of the population for targeted marketing Create more tailored and customized products and services Streamlining your operations for cost savings Energy: Improve utilities' project management and operations with benchmarking data Transportation: Make transportation and freight operations more efficient Manufacturing and retail: Customize store layouts and inventory for different neighborhoods Oil and gas: Improve investment decisions about where to explore for new reserves and build facilities Healthcare: Match patients with the most appropriate providers and treatments Banking and insurance: Improve product design, underwriting, and risk assessment Real estate: Help match buyers and renters with properties and inform development investments