Unlocking Economic Value Through Open Data Reach out: Interested in reading the full report? Visit http://ebooks.capgemini-consulting.com/The-Open-Data-Economy/ Follow us on Twitter @capgeminiconsul or email [email protected] Country Classification Among countries that have launched Open Data initiatives Governments are not Leveraging Open Data for Economic Benefits Deriving Economic Value from Open Data Only 22% share comprehensive data 96% share data which is not regularly updated 87% are not utilizing user participation capabilities Create Governance Structure Drive Uptake Develop & Implement Content Framework Build a Vision Economic Benefits of Open Data Creates Jobs and Develops New Skills Sources: 1. Spanish Open Data Portal Annual Report, “Characterization Study of the Infomediary Sector” 2. Concept et Stratégies pour Gouvernement Ouvert et Open Data, World Bank ICT report 3. “CloudMade Apps” 4. European Commission, “Pricing of Public Sector Information Study” 5. “Bristol Open Data Innovation”, European Public Sector Information Platform 6. Frontier Group, “California Budget Transparency 2.0” 7. UK Cabinet Office Article on Francis Maude’s speech 8. ACIL Tasman, “The Value of Spatial Information” 22% 56% 22% Beginners 0% share comprehensive data No user participation Followers Only 8% share granular and comprehensive data 92% do not engage users in effective dialogue Trend Setters 80% share comprehensive data Over 60% achieved considerable user participation 100% enjoy political support from country’s highest office Bristol City Council reduced transactional costs by 15x through an Open Data catalog Dissemination of Big Data Skills In Spain, over 50% of people dealing in Open Data are engineers or have higher qualifications Spatial information industry, based on open data, employs over 31K people in Australia Creates jobs through commercial potential of data Improves Service Efficiency Publishing healthcare outcome data by NHS led to a 22% drop in mortality rates California’s State Transparency portal helped save over $20 million in unnecessary expenditure Cuts Redundant Expenditure Reduces Transactional Costs Cost Saving through Transparency Revenue Growth Through Open Data Creates New Products & Services Encourages New Firm Creation In Spain, over 150 companies are focused on selling services on top of Open Data Open Data from US National Weather Service supports weather industry worth $1.5 billion Supplements Existing Products CloudMade uses OpenStreetMap data and other datasets to create a comprehensive location data * Capgemini Consulting conducted a comprehensive analysis of the Open Data portals of select 23 countries