Open Data Value Framework: Open Data's Four Pillars of Value

Post on 08-Dec-2014

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McKinsey Global Institute estimates that government organizations together can generate $3 trillion dollars in value for themselves and their taxpayers through open data and information transparency initiatives. Yes, that's a staggering number, but governments like yours are realizing pieces of it already. Are you taking advantage of the enormous economic and social impacts of information transparency? Review these webinar slides to learn more about the four pillars of value that are reshaping how government thinks not only about open data, but how it's applied and leveraged to cut costs and significantly increase government efficiency. In these slides you will learn: -How to immediately start cutting costs and increasing operational efficiency -How your peers have already implemented similar programs -How to get get approval and get going quickly Don't miss out on your piece of the $3 trillion windfall.

Transcript of Open Data Value Framework: Open Data's Four Pillars of Value

The Open Data Value Framework

Saf Rabah

VP Product, Socrata

The 4 Pillars of Open Data

Agenda

1. Open Data – Quick Review

2. Introduction to the Open Data Value Framework (ODVF)

3. The 4 Pillars of open data value

4. Q & A

The Open Data Opportunity

Open Data a Boonfor Entrepreneurs

Forrester Research

Open Data Plays a

Key Role in

Advancing Better

Governance.

Big Data Makes Organizations Smarter, but Open Data Makes Them Richer.

MCKINSEY GLOBAL INSTITUTE REPORT

$3 trillion a Year in Value Can

Be Unlocked Through Smarter

Use of Open Data.

An Innovation Platform, Powered by Data

Open Data is an innovation strategy designed to:• Enhance quality of life for residents

• Stimulate economic activity

• Improve decision-making and accountability

• Increase operational efficiency

Stories of InnovationIdeas in practice

The First Pillar of ValueCitizen Experience

“Forward thinking governments deliver high-quality user experiences that live up to modern consumer standards.“Socrata Open Data Value Framework

Engaging Citizens with Self ServiceExplore San Francisco 311

Understanding The Budget ProcessMontgomery County Budget Explorer

San Francisco Restaurant Inspection DataIn the hands of millions of people

The Second Pillar of ValueData-Driven Decision Making

“Improving governance or simply the way government works is one of the key strategies enabled by open data.”Socrata Open Data Value Framework

New York City – Mayor’s Geek Squad

“With nothing grander than public data, the Case of the Grease-Clogged Sewers was solved.”

 

Using data to solve urban problems more efficiently

Edmonton, Canada – 360 Degree Citizen Service

How quickly are potholes filled? There is a dashboard for that.

 

Transparent, data-driven decisions

The Third Pillar of ValueEconomic Impact

“Open Data is making a measurable difference in contributing jobs, consumer spending and tax revenues to local economies.” Socrata Open Data Value Framework

Built On Open DataThe Porch.com Story

200 employees in a one year and growing. Raised $33 million in funding and now had data about 120 million

home projects!

Built On Open DataThe SiteComlpi Story

Real Estate focused tech firm ranks #1 among fastest-growing NYC Software Companies, grows revenue by

over 1500% from 2010-2013

The 4 Pillars of ValueOperational Efficiency

“Through consolidation and re-use of IT assets, increased self-service access to information, and a reduced system maintenance burden, government organizations can save millions in technology and staff costs. “Socrata Open Data Value Framework

Saving $1/2 Million Through Open DataThe Oregon Secretary of State story

• Used data.oregon.gov to create a searchable interactive database of trademarks

• Avoided an Oracle-based application, estimated at $500,000

• Increased reach by 7x• Reduced staff time by ¼ with self

service

Efficiency through Access to Real-Time Transit DataLesson Learned by San Francisco

The 4 Pillars of ValueOpen Data Value Framework

Data Driven Decision Making

Operational Efficiency

Citizen Experience

Economic Impact

Open Data Value FrameworkActualizing the Benefits

Citizen ExperienceData-Driven Decision Making Operational Efficiency Economic Impact

Citizen participation in government decisions

Systematic approach to tracking and defining goals

Consolidation and re-use of apps, data and services

Ability to deliver reduced data transaction costs to businesses

User friendly digital services on web, mobile and machine to machine interfaces

Interactive public dashboard to show performance data

Retirement of ageing systems, and the ability to scale programs more easily

Embrace “catalyst” role in the emerging data economy; help in incubating civic startups

Government services via location aware mobile-apps

Data visualization and employee facing analytics app to extract insights

Reduction of labor intensive information requests through self service tools

Access to data that supports academic research, driving new discoveries

Integration with consumer web services like Google Maps, Yelp, and Zillow

Sophisticated data collection capabilities including crowdsourcing and social networks

Economies of scale through outsourced data storage

Public private data exchanges

Active promotion of data transparency efforts

De-siloed system and centralized web based-based access to data

Shift from custom-build system and databases to service-oriented-architecture (SOA)

Cross-department and inter-governmental data federation

OUTCOME DIMENSIONS

DEFI

NIN

G A

CTIV

ITIE

S

Next Steps

Complete Poll

Download the Open Data Value Framework Whitepaper

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