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Fil presentation overview 2019-01-24

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Presentation by Jared Keller and me to Finance Innovation Lab (FIL) 2019 cohort on data ecosystems

http://financeinnovationlab.org

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Fil presentation overview 2019-01-24

  1. 1. Data Ecosystems: a Primer Peter Wells @peterkwells Jared Robert Keller @JRobertKeller theODI.org
  2. 2. 2 theODI.org Contents: 1. Intro to ODI 2. Theory of change 3. Key concepts 4. Useful tools/guides Data Ecosystems: a Primer
  3. 3. 3 theODI.org Contents: 1. Intro to ODI 2. Theory of change 3. Key concepts 4. Useful tools/guides Data Ecosystems: a Primer
  4. 4. 4 theODI.org The team Founded in 2012, the Open Data Institute (ODI) is an international, independent and not- for-profit organisation based in London, UK. Dr Jeni Tennison CEO Sir Nigel Shadbolt Executive Chairman Sir Tim Berners-Lee President Louise Burke COO
  5. 5. 5 theODI.org The ODI board Justine Roberts NED Rob Bryan Company Secretary Roger Hampson NED Anna Mazzone NED Martin Tisné NED Stephen Morana NED
  6. 6. Our mission We work with companies and governments to build an open, trustworthy data ecosystem.
  7. 7. Our vision We want people, organisations and communities to use data to make better decisions and be protected from any harmful impacts.
  8. 8. 8 theODI.org Contents: 1. Intro to ODI 2. Theory of change 3. Key concepts 4. Useful tools/guides Data Ecosystems: a Primer
  9. 9. Our theory of change How value is created from data
  10. 10. 10 theODI.org What happens when we hoard data – the oil field Our theory of change Scenario:
  11. 11. 11 theODI.org What happens when we fear data – the wasteland Our theory of change Scenario:
  12. 12. 12 theODI.org We are one of many organisations working towards a good balance between encouraging and restricting how data is collected and used. Our theory of change
  13. 13. 13 theODI.org Our theory of change How do we achieve scale ● Regulators ● Advocates ● Advisors ● Suppliers ● Media ● Researchers
  14. 14. 14 theODI.org Contents: 1. Intro to ODI 2. Theory of change 3. Key concepts 4. Useful tools/guides Data Ecosystems: a Primer
  15. 15. 15 theODI.org The Data Spectrum ODI/FIL 2019-01-24
  16. 16. Place your image over the grey box and crop accordingly
  17. 17. 17 theODI.org Data Infrastructure ODI/FIL 2019-01-24
  18. 18. https://www.flickr.com/photos/pkwflickr/6188760566/in/album-72157627764211574/ Roads help us navigate to a location Data helps us navigate to a decision
  19. 19. @peterkwells @odihq Data infrastructure that is as open as possible unlocks innovation and gives creators, consumers and citizens more control over data
  20. 20. @peterkwells @odihq Like roads, data is most useful and powerful when connected to other data
  21. 21. @peterkwells @odihq Like roads, data is most useful and powerful when connected to other data
  22. 22. 22 theODI.org Data Rights ODI/FIL 2019-01-24
  23. 23. 23 theODI.org Data Business Models ODI/FIL 2019-01-24
  24. 24. ● Develop an international ecosystem around open data ● Unlock impact and innovation ● Stimulate supply using success stories Accelerating innovation using open data
  25. 25. What did we learn?
  26. 26. 26 theODI.org Exploring successful business models with open data Business models most commonly used by startups in ODINE Subscription 87% Single payment 29% Funded by grants 13% Attracting customers to paid-for products or services 11% Lead generation for paid products or services 11% Featuring paid-for advertising 4%
  27. 27. 27 theODI.org Exploring successful business models with open data open data creates opportunities for startups to emerge and grow
  28. 28. 28 theODI.org Exploring successful business models with open data The role of open data within the ODINE startups. It enables survival, but startups are unable to differentiate forms of the core of our products and services 23% It is a marginal ingredient, it powers a non essential feature 13% It is a key ingredient - it powers an essential feature 63%
  29. 29. 29 theODI.org Place your image over the grey box and crop accordingly Exploring successful business models with open data Freemium vs Not freemium Sales strategies showed a prevalence to use of the freemium model
  30. 30. The role of open data in businesses depends on the value proposition The most popular revenue models are freemium and subscription- based The majority of companies have two or more value propositions, enabling startups to find a market fit Main Learnings - Innovating with open data
  31. 31. Accelerating innovation using shared data €7m EU’s Horizon 2020 Open innovation programme that brings together corporates and public-sector organisations that have data with startups and SMEs that work with data
  32. 32. 32 theODI.org Data business models Classifying AI systems by access to data and algorithms
  33. 33. 33 theODI.org Data Portability (open banking is an example…) ODI/FIL 2019-01-24
  34. 34. 34 theODI.org Steward Holds data Person / Organisation Can request data about them in commonly used machine-readable form Third party Can receive that data directly from the steward
  35. 35. we do not know how to do data portability well
  36. 36. 37 theODI.org Data Access Map ODI/FIL 2019-01-24
  37. 37. 38 theODI.org https://twitter.com/JRobertKeller/status/1051843918218825733
  38. 38. 39 theODI.org https://twitter.com/JRobertKeller/status/1051843918218825733
  39. 39. 40 theODI.org https://twitter.com/JRobertKeller/status/1051843918218825733
  40. 40. 41 theODI.org A well designed access arrangement involves decisions related to governance, oversight, enforcement, ethical review processes, technical mechanisms, legal structures and stakeholder engagement.
  41. 41. 42 theODI.org Contents: 1. Intro to ODI 2. Theory of change 3. Key concepts 4. Useful tools/guides Data Ecosystems: a Primer
  42. 42. 43 theODI.org Data Ecosystem Mapping ODI/FIL 2019-01-24
  43. 43. 44 theODI.org
  44. 44. 45 theODI.org
  45. 45. 46 theODI.org
  46. 46. 47 theODI.org Ecosystem mapping can be useful for: ● identifying the potential impacts of changing how data is accessed, used and shared ● identifying the potential users and communities who might benefit from the creation of new data infrastructure in a sector
  47. 47. 48 theODI.org Guides / Reports ODI/FIL 2019-01-24
  48. 48. 49 theODI.org
  49. 49. 50 theODI.org Data Ethics Canvas ODI/FIL 2019-01-24
  50. 50. 51 theODI.org Contents 1. Lorem ipsum dolor sit amet 2. Lorem ipsum dolor sit amet 3. Lorem ipsum dolor sit amet 4. Lorem ipsum dolor sit amet 5. Lorem ipsum dolor sit amet 6. Lorem ipsum dolor sit amet 7. Lorem ipsum dolor sit amet
  51. 51. 52 theODI.org Resources https://theodi.org/article/ data-ethics-canvas/ Data ethics canvas Improve practices Data ethics whitepaper Helping organisations navigate ethical concerns Data ethics workshop Run internal workshop with our workshop plan and slides Introduction to data ethics training Training course and slides
  52. 52. Any questions? If you would like to talk to us about collaborating, partnering, supporting our work, or anything else, we’d love you to get in touch. info@theodi.org +44 (0)20 3598 9395 @ODIHQ
  53. 53. Data Ecosystems: a Primer Peter Wells @peterkwells Jared Robert Keller @JRobertKeller theODI.org

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