Open data now english

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+ Open Data 500 Study Contributed by SupStat Inc. Data Scientist Team

description

Contributed by SupStat Inc. It is a talk given at NYC Open Data Meetup. Vivian S. Zhang and Joel Gurin co-present the open data topic.

Transcript of Open data now english

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+

Open Data 500 Study

Contributed by SupStat Inc. Data Scientist Team

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+Outlines Open Data Now

Open Data 500

List of Cities Which Have Open Data Portals

Companies: including

10 companies in NY

6 companies in the United States excluding NY

5 companies in the U.K.

1 company in Shanghai, China

1 company in Taiwan, China

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+Open data Now

“Today’s Open Data revolution is rapidly leading us into new territory.”

“Open Data is becoming a secret to success for smart business leaders around the world.”

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+Open data Now

“Open Data can best be described as accessible public data that people, companies, and organizations can use to launch new ventures, analyze patterns and trends, and solve complex problems.”

In terms of the similarity and difference between Big Data and Open Data, it is obviously that the introduction about Big Data could not represent the scenario of Open Data.

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+Open data Now

“This book describes the business applications of Open Data with examples from dozens of companies.”

This book reflects the vision, insights, knowledge, and advice of the leaders in this field who have been interviewed by the author.

This book also “contains several resources to help readers explore the possibilities of Open Data”.

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+Open Data 500

Open Data 500 is an initiative to research the U.S. companies and organizations that make use of Open Data published by government in an innovative way to develop new businesses.

The research is funded by Knight Foundation, a foundation aiming at promote journalism & media innovation, advance community engagement, and forster the arts.

Governance Lab ("GovLab"), located at New York University, is responsible for conducting the research. GovLab is a platform that brings togother innovators from different backgrounds to collabratively seek new-technology based solutions for better governance.

Open Data 500.com is the website that publishes research outcomes and collects new information about such companies.

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+Open Data 500

Three established goals of the Open Data 500 research

a. Provide a basis for assessing the economic value of

government open data

b. Encourage the development of new open data

companies

c. Foster a dialogue between government and business

on how government data can be made more useful

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+Open Data 500

Blueprint

a. Domestically, initiate a roundtable series to invovle both

government, Open Data providers, and businesses and

organizations, Open Data users, to communicate on

potential improvement of Open Data.

b. Internationally, cooperate with international

organizations and governments from other countries to

copy U.S. paradiam to worldwide.

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+Open Data 500

Strategies of ongoing incoporation of other companies

that use Open Data

a. Outreach campaign: through mass emails, professional

meetings, various social media

b. Expert advice: through industry practioners and lab

advisors

c. Research: through other sources of identification, like

Online Open Data Userbase

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+Open Data 500 OpenData500.com has filtering functionality that can filter

recorded companies based on industry, location of state, data sources of agency.

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+What will we cover

Company’s background

Data sources

What do they do with the data

How do they serve the clients with the data

Profit model

Awards/current condition

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+Companies to be introduced

NY: US UK ChinaEnigma Archimedes Inc. Mastodon C Big Data Bureau

ZocDoc SigFig Locatable (Shanghai)

Honest Buildings PsychSignal Open Corporates Open Data Alliance

Capial Cube CARFAX DueDil (Taiwan)

Bloomberg Zillow CarbonCulture

Aidin Brightscope

Calcbench

Consumer Reports

GetRaised

Palantir

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+Enigma.iocompany’s background

The connotation of the company’s name:“Both in honor of the code-breaking machine developed by computer pioneer Alan Turing during World War II and because they were finding that too much public data was more enigmatic than it should be.”

Team members and size:Now a little over a dozen people, who are all based in New York.

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+Enigma.iodata sources

Their datasets included both government data and

data from clients, such as Nike’s public list of its

suppliers.

Their data deluge had grown to 100,000 datasets

and more than 20 billion individual data points.

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+Enigma.iowhat do they do with the data

Take valuable public data and make it much more usable.

Make it possible to search through the entire

dataset at a rapid rate.

“Develop a robust data resource and an impressive set of tools”.

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+ Enigma.io how do they serve the clients with the data

Help clients find the publicly-accessible information

that is relevant to their corporations or economic

accessibility.

Take data in all kinds of formats and put them into easily usable form of entire datasets.

Turn public sector information into Open Data.

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+Enigma.ioprofit model

For now, Enigma’s profit mainly come from charges

for accessing to data, though they charge more for

hedge funds and less for academics, nonprofits, or

government agencies.

Enigma wants to, eventually, make their data

accessible to public, and gain profit from analytic

and other premium service.

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+ Enigma.ioawards

\

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+ZocDoccompany’s background

Founded in 2007 with a mission of improving access

to healthcare, ZocDoc is a free service that allows

patients to find a nearby doctor or dentist.

Cyrus Massoumi, CEO of ZocDoc said:

"After I ruptured my eardrum on a flight, I couldn't find a

doctor for four days. I knew that there had to be an easier

way for patients to find doctors. That was when I had the

idea for ZocDoc."

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+ZocDocdata sources

They collect information for patients to share with

health providers.

In the mean time obtain information from doctors

such as location, specialty, insurance preferences,

and patient reviews to assist patients with decision

making.

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+ZocDocwhat do they do with the data

Encrypt data to the same standards that banks use

to safeguard your financial information.

Constantly analyze data to better understand who

uses ZocDoc and how they can improve it.

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+ ZocDoc how do they serve the clients with the data

Help find nearby doctors and dentists who accept

their insurance, see their real-time availability, and

instantly book an appointment via ZocDoc.com or

ZocDoc’s free apps for iPhone or Android.

Guarantee the patients to get access to cure within

24 – 72 hours.

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+ZocDocprofit model

The healthcare providers who partner with ZocDoc

pay a subscription fee for ZocDoc's service. Since

they help increase the efficiency of their practices.

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+ ZocDocawards

Time Magazine 50 Best Websites 2012

Business Insider App 100: World's Greatest Apps 2013

Fortune Magazine Best Small & Medium Companies 2012, 2013

Crain’s Best Places to Work in NYC 2010, 2011, 2012, 2013

Modern Healthcare Best Places to Work 2011, 2012, 2013

Arizona Business Magazine Most Admired Companies 2013

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+Honest Buildingscompany’s background

Founded in 2011, Honest Buildings now has around

30 employees.

Honest Buildings is a commercial real estate

marketplace that connects top building professionals

with building owners, decision makers and project

managers.

It is a social media application for real estate.

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+Honest Buildingsdata sources

Honest Buildings collects information that is posted

by building professionals, owners, tenants, and other

stakeholders.

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+Honest Buildingswhat do they do with the data

“Big data is great, but you need to do something with it. Platforms that contextualize data are in great demand.” - HonestBuildings.com

Honest Buildings collects and posts all sorts of relevant data that is hard for users to find, like energy costs, walkability.

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+Honest Buildingshow do they serve the clients with the data

Launches matching service that offers service

providers step-by-step guidance to win a matched

project

a. Register your company

b. Build a portfolio

c. Get founded, add tags & connections

d. Win new business.

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+Honest Buildingsprofit model

Honest Buildings’ provides matching services to

developers for free.

It charges candidates, i.e. builders and contractors

for a fee to match for developers.

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+Honest Buildingsawards

Grand Prize for Vrban, Disrupt NY 2014 Hackathon 

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+Capital Cubecompany’s background

AnalytixInsight was founded in 2010, with about 10

employees.

Being the online portal of AnalytixInsight,

CapitalCube.com is a global investor portal for

comprehensive company analysis

Operate on-demand fundamental research, portfolio

evaluation, and screening tools on over 40,000

global equities. 

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+Capital Cubedata sources

Securities and Exchange Commission (SEC)

Third-party data providers

a. FactSet

b. Thomson Reuters

c. Capital IQ

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+Capital Cubewhat do they do with the data Develop a software that

can capture 40,000

internationally-operated

public companies’ data on

everyday basis.

Transform the data into

word reports and graphics

that investors can use to

compare companies and

make investment decision.

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+Capital Cubehow do they serve the clients with the data Investment tools

Analytical service

a. Dividend analysis

b. Earnings quality analysis

Strength

a. Large coverage of 40,000 companies

b. Timeliness on daily basis

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+Capital Cubeprofit model

License out its produced content and ability to

dealers. Two big deals of such are with:

a. Samsung: every time Samsung users download

CapitalCube’s quote, AnalytixInsight gets revenue

share.

b. Dow Jones: AnalytixInsight gets paid for every page

view of its content that is posted on Dow Jones’s

published pages.

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+Capital Cubeawards

Oct. 28, 2013: recognition as a company using federal open data in innovative and exciting ways, the White House Office of Science and Technology Policy (OSTP) and the Science and Technology Policy Institute (STPI).

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+Bloomberg company’s background

Founded in 1982.

The global business and financial information and

news leader, gives influential decision makers a

critical edge by connecting them to a dynamic

network of information, people and ideas.

Strength – delivering data, news and analytics

through innovative technology, quickly and

accurately.

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+Bloomberg data sources

Large public corporations’ reports about their

sustainability data.

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+Bloomberg what do they do with the data

ESG (Environmental, Social, and Governmental)

data on the Bloomberg Terminal is fully integrated

into all of Bloomberg Terminals’ analytics.

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+Bloomberg how do they serve the clients with the data

Large proportion of public

companies are now

reporting their

sustainability data, a set

of metrics innovated by

Global Reporting

Initiative, to public. This is

data that investors are

increasingly caring about.

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+Bloomberg profit model

As a data-driven media company, Bloomberg has journalists all around to congregate financial and business real-time information.

The company operates over 300,000 terminals which receive financial data released by the company.

This business generates 6.3 billion US dollars as estimated in 2008.

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+Bloombergawards

Bloomberg is on track for record revenues of $8.3

billion in 2013 and profits of about $2.7 billion

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+Aidincompany’s background

Aidin was founded in 2011, and has a scale of less than 10 employees.

The foundation of the company was inspired by a troublesome experience of the Aidin’s founder’s family about the trivial matters they had to deal with when a family member was processing the discharge from hospital.

It is missioned to bring transparency to healthcare facilities and provide patients with information that they need when making healthcare-related decisions.

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+Aidindata sources

Government Open Data.

Patients’ review about hospitals.

“First with weather and GPS data and now with

health data, the U.S. government has defined its

responsibility as defining, gathering, and presenting

data on important subjects in easily usable forms.”

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+Aidinwhat do they do with the data

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+Aidinhow do they serve the clients with the data Aidin provides post-acute

healthcare facilities with data to improve their services.

Patients can also choose facilities based on Aidin’s information.

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+Aidinprofit model

Aidin profit from their products, including the full

Aidin solution, Aidin Lite, and Aidin Provider

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+Aidinawards

Grand Prize Winner,  GE's Hospital Quest

competition.

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+Calcbenchcompany’s background

Founded in 2011, Calcbench is the first company of

its kind to fully harness the power of the new

government mandated data standard XBRL

(Extensible Business Reporting Language), yielding

an unprecedented direct line into the SEC’s

corporate financial data repository.

Calcbench currently has less than 10 employees.

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+Calcbenchdata sources

XBRL is a freely available and global standard for

exchanging business information

XBRL reports

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+Calcbenchwhat do they do with the data After Calcbench’s

processing, it turns public-accessible but hard-to-use XBRL (Extensible Business Reporting Language) data into more detailed and insightful data, thus adding up the value to the data.

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+Calcbenchhow do they serve the clients with the data Calcbench processes the raw data mandatorily-

collected by government through XBRL and turns it

into usable information to the financial industry.

Calcbench also uses technologies to help SEC

elevate data quality like in terms of error

identification and correction.

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+Calcbenchprofit model

Calcbench serves corporate reporting professionals, corporate finance leaders, auditors, investment researchers, and academies.

It charges fee for using its service and provides premium suite to generate revenue.

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+Calcbenchawards

Grand Prize Winner, XBRL Challenge at the XBRL

and Financial Analysis Technology Conference,

February 29, 2012.

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+Consumer Reportscompany’s background

Founded in 1936, Consumer Reports is an expert,

independent, nonprofit organization whose mission

is to work for a fair, just, and safe marketplace for all

consumers and to empower consumers to protect

themselves. 

It has over 500 employees.

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+Consumer Reportsdata sources

Hospital Compare, a federal website

Data from various states in the U.S.

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+Consumer Reportswhat do they do with the data

Consumer Reports produces safety ratings for more

over two thousand hospitals, based on Open Data

sources.

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+Consumer Reportshow do they serve the clients with the data

Improve American people’s lives by using public-

accessible data.

Consumer Reports’ safety ratings can assist

customers with decision making on which hospital to

go.

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+Consumer Reportsprofit model

Consumer Reports is a non-profit organization. It does not accept advertisements nor have shareholders, but depends solely on subscribers’ fee.

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+Consumer Reportsawards

Sigma Delta Chi Award for Public Service, Society of

Professional Journalists, 2008

Honorable Mention, National Press Club for Caution:

The Secret Score Behind Your Auto Insurance, 2007

People’s Voice Award, International Academy of

Digital Arts and Sciences, 2006

Golden Triangle Award,  American Academy of

Dermatology, 2005

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+GetRaisedcompany’s background

GetRaised was founded in 2010, with less than 10

employees now.

GetRaised aspires to be: a bunch of complicated

data that is hidden behind a very simple, easy-to-use

interface that can help narrow the wage gap and

help people get paid more.

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+GetRaiseddata sources

Data from the U.S. Bureau of Labor Statistics

Users’ input

Various online job postings

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+GetRaisedwhat do they do with the data

GetRaised uses the collected data to develop a

salary engine.

It has created raise request based on the analysis of

experts from related fields, like HR and research

institutes.

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+GetRaisedhow do they serve the clients with the data GetRaised provides customers with information on

how much they should be paid, was underpaid, and should ask for an increase in salary.

A significant proportion of women who request for salary raise based on the information of GetRaised got their raise eventually.

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+GetRaisedprofit model

As a non-profit, GetRaised provides free service to

users.

It receives support from two organizations and four

individuals.

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+GetRaisedawards

According to Dave Clarke, a communications

strategist, “81% of women that have used GetRaised

have, in fact, earned a raise. The average raise

amount across all users (male and female) is

$6,473”.

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+Palantircompany’s background

Palantir was founded in 2004, with over 500

employees today

It develops software which professionals from

different industries and sectors can perform analysis

on massive disparate data

Its product and service helps combat terrorism,

prosecuting crimes, fighting fraud, and eliminate

waste

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+Palantirdata sources

Government Open Data

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+Palantirwhat do they do with the data

Various types of data is entered by users into Palantir’s software, and it will generate reports and analysis that users can understand directly. It’s not only artificial intelligence, but something called intelligence augmentation.

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+Palantirhow do they serve the clients with the data Help government analyze its open data in order to

reflect government expenditure and possible flaws.

Combat people trafficking by analyzing data.

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+Palantirprofit model

Investment from shareholders

Sale of software

Reported to be valued at $9 billion by the end of 2013

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+Palantirawards

VAST2009 Visual Analytics Award, 2009

Hall of Innovation Award, J. P. Morgan Chase

Technology Innovation Symposium, October 2010

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+Archimedes Inc.company’s background

Began as part of Kaiser Permanente in 1993 and

split of as a second company in 2006.

It has decades of experience in developing

algorithms and predictive models for healthcare.

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+Archimedes Inc.data sources

Centers for Medicare & Medicaid Services (CMS).

Databases of clinical trials.

National Health and Nutrition Examination Survey.

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+Archimedes Inc.what do they do with the data

They use the Archimedes Model as its core tool to analyze data.

Archimedes scientists have analyzed many various relevant data to derive hundreds of equations that represent the effects of multiple diseases, tests, and treatments.

The equations are integrated into a single, large-scale simulation model using object-oriented programming.

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+ Archimedes Inc. how do they serve the clients with the data

They provide a suite of online healthcare simulation and analytics tools (ARCHeS) that provide answer to questions about the health outcomes and economic effects of different interventions.

They also have a product (IndiGo) that generates individual guidelines that identify and help prioritize the best preventive care for each patient.

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+Archimedes Inc.profit model

They make a profit by selling their products: ARCHeS (Archimedes Healthcare Simulator) and IndiGo (Individualized Guidelines and Outcomes).

They also provide modeling and consulting services, including modeling of disease and new intervention, and analyzing different prevention strategies.

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+ Archimedes Inc.awards

Jun 6, 2012: IndiGO Receives Best of Care

Applications Award at the 2012 Health Data

Initiative III.

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+SigFigcompany’s background

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+SigFigdata sources

Historical fundamentals & Price data

Data on load fees comes from Lipper

Portions of their advice rely on third-party market

data from companies like Lipper, Thomson-

Reuters, Interactive Data, and Xignite.

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+SigFigwhat do they do with the data

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+ SigFig how do they serve the clients with the data

A single Portfolio Dashboard

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+SigFigprofit model

“The company doesn’t charge a management fee.

Instead, it earns its revenue through publishing

arrangements with several websites and referral

fees when users go to a new broker.”

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+ SigFigawards

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+PsychSignal company’s background Launched by SmogFarm, another startup that

analyzes large open datasets.

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+PsychSignal data sources

Data is pulled from social media conversations.

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+PsychSignal what do they do with the data

Scour the online conversation looking for distinct

psychological expressions of emotion or attitude.

Aggregate millions of expressions to arrive at a

picture of crowd mood in real time.

Built an advanced proprietary sentiment engine.

Use NASA developed signal processing.

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+ PsychSignal how do they serve the clients with the data

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+PsychSignal profit model

NASA recently open sourced an algorithm our

engineers found particularly useful.

Day to day sentiment is extremely noisy, making it

hard to determine subtle changes in trending

sentiment data.

These NASA algorithms help uncover the trend

beneath the noise.

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+ PsychSignal awards

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+CARFAXcompany’s background

Provide vehicle history information, used by

millions of consumers each year.

Receive millions of visitors each month.

With thousands of auto dealers nationwide

subscribers.

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+CARFAXdata sources

U.S. motor vehicle agencies

Canadian provincial motor vehicle agencies

Auto auctions

Collision repair facilities

Service/ maintenance facilities

Insurance companies

Salvage auctions

Automotive recyclers

Rental/fleet vehicle companies

State inspection stations

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+ CARFAXwhat do they do with the data

Format the data into reports containing the following information:a. Title information, including salvaged or junked titlesb. Flood damage historyc. Total loss accident historyd. Odometer readingse. Lemon historyf. Number of ownersg. Accident indicators, such as airbag deploymentsh. State emissions inspection resultsi. Service recordsj. Vehicle use (taxi, rental, lease, etc.)

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+ CARFAX how do they serve the clients with the data

Provide reports at a price.

Provide information regarding used cars to sell and

car deals.

Also provide car facts research on various makes

and models of different cars.

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+CARFAXprofit model

Make a profit mainly by

selling their reports.

Also offer

CARFAX Hot Listings™ and

Safety & Reliability Ratings™

products.

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+ CARFAXawards

Has the most comprehensive vehicle history

database available in North America

One of the top five websites that consumers turn to

for vehicle information

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+Zillowcompany’s background

Founded in 2005, the company is headquartered in Seattle with offices in New York, San Francisco, Chicago, Irvine, Calif. and Lincoln, Neb.

It provide consumers with information and tools to make smart decisions about homes, real estate, and mortgages

“At Zillow, we built our business taking public real estate information that was previously only accessible by spending hours in dusty registry of deeds making it easily accessible to consumers, for free.”

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+Zillowdata sources

Freely available data from:

a. The Bureau of Labor Statistics.

b. The Federal Housing Finance Agency.

c. The Census Bureau.

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+Zillowwhat do they do with the data

Collected open government data and build a living

database of more than 110 million U.S. homes.

Republished the data on their website to provide

users with various information regarding homes,

real estate, and mortgages.

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+ Zillow how do they serve the clients with the data

Provide search for houses for sale, for rent, and

pre-market, as well as information for buyers and

lenders.

Provide an open, anonymous, and free marketplace

for borrowers and lenders.

Zestimate, Zillow's estimated market value for an

individual home, a starting point in determining a

home's value.

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+Zillowprofit model

Zillow operates mainly by advertising.

It operates the largest real estate and rental

advertising networks in the U.S. in partnership with

Yahoo! Homes.

“The company was founded in 2005, had over $66

million in revenue when they launched an IPO in

2011, and had a valuation of $2.3 billion in 2013.”

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+ Zillowawards

In 2013

November 17: Zillow CEO Spencer Rascoff named the EY National National Entrepreneur of the Year™ 2013 Services Award.

April 30: Zillow sweeps the real estate category in the 17th Annual Webby Awards, winning the People's Voice Award and the overall Webby Award in the Real Estate category.

October 10: Zillow wins the Mortgage Technology Award for its Zillow Mortgage Marketplace iPhone App.

June 13: Zillow honored at the Webby Awards as the People's Voice Winner and the overall Webby Award winner for the Real Estate category.

May 4: Zillow wins Webby Award as Best Real Estate site.

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+Brightscope company’s background

BrightScope®, Inc. is a financial information

company use data to drive better decision-making

for individual investors, corporate plan sponsors,

asset managers, etc.

It primarily operates in two major segments:

Retirement Plans and Wealth Management.

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+Brightscopedata sources

Data on Form 5500 from Department of Labor.

The founders, Mike and Ryan Alfred, actually

persuaded the Department of Labor to begin

collecting and publishing the Form 5500 data on

the Internet.

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+Brightscopewhat do they do with the data

The gathered and republished data to make it more

clear and informative, and more available to the

public.

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+ Brightscope how do they serve the clients with the data

Provide ratings of 401k and 403b plans across

critical metrics.

Launched the first comprehensive and publicly

available directory of Financial Advisors.

Provides free white papers for the public that

examine trends in the Defined Contribution (DC)

market.

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+Brightscopeprofit model

Make a profit by selling their market intelligence

product called Beacon and their sales intelligence

product for retirement plans called Spyglass.

Sell research papers with detailed investment and

provide data on 50,000 Defined Contribution (DC)

plans.

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+ Brightscopeawards

The first to convince the Department of Labor to

begin collecting and publishing the Form 5500 data

and utilized that data to make a profit.

The first comprehensive and publicly available

directory of Financial Advisors.

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+Mastodon Ccompany’s background

Mastodon C is a Big Data analytics company.

It was the first of its kind to join the ODI (Open Data Institute) incubator.

CEO Fran Bennett spent years working for search engines, help them to turn data into money.

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+Mastodon Cdata sources

Their main data source is the big sets of Open Data from the U.K.’s (NHS) National Health Services.

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+Mastodon Cwhat do they do with the data

Use cloud computing to analyze data.

Use Hadoop and Cassandra technologies to integrate real time sensor data, web service data and spreadsheets from their clients.

One of their main signatures is analyzing data on zero carbon infrastructure.

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+ Mastodon C how do they serve the clients with the data

Turn messy data, either open data or clients’

proprietary data, into useful insights.

Serve data into a format that makes sense.

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+Mastodon Cprofit model

“Mastodon C has just done a government-funded

analytics of variations in prescribing patterns

across the United Kingdom, finding areas where

expensive drugs are being prescribed for no

apparent reason when generics would work as

well.”

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+ Mastodon Cawards

Winner of Best Hack and the PeopleFund. it Award at the London Green Hackathon 2012.

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+Locatablecompany’s background

Another company in the ODI incubator.

At first they wanted to help people find where to live and built a website to provide data for such decisions, now they changed their website to assist people in managing their home.

Founders Vasanth Subramanian and David Prime are both former physics students.

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+Locatabledata sources

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+Locatablewhat do they do with the data

Collect from all sources and integrate them into one dashboard.

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+ Locatable how do they serve the clients with the data

Provide their clients with a single dashboard to manage their home and optimize their performances.

Provide visibility across all the most expensive cost including mortgage, insurance, utility bills and maintenance costs.

Help their clients find cheaper deals for all these services.

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+Locatableprofit model

A similar business model to a property portal which generates leads for estate agents.

Steps to search:a. Customers log on and enter the locations that they

want to live near.

b. The results show customers the places which best fit the bill and the properties available.

c. The website refers customers to sites and charges an affiliate fee.

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+ Locatablecurrent condition

As ODI analyzes, their site “currently caters for the London area but the team are working on rolling it out across the UK”.

For example, “in 2 months, Locatable has attracted more than 4,000 unique visitors, with users offering some great feedback.”

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+OpenCorporatescompany’s background

The company behind OpenCorporates is Chrinon Ltd, and the people who founded it are Chris Taggart and Rob McKinnon.

Rob built TheyWorkForYou.nz and WhosLobbying.com.

Chris built OpenlyLocal.com and OpenCharities, and sits on the UK Government's Local Public Data Panel, the UK's Tax Transparency Board, and Open Knowledge Foundation's open government working group.

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+OpenCorporatesdata sources

They source the information in their databases

from government and other sources through a

variety of means including: a. directly from government websites and APIs,

b. from publicly available datasets,

c. or through Freedom of Information requests.

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+OpenCorporateswhat do they do with the data

As Chris explains, “we take messy data from

government websites, company registers, official

filings and data released under the Freedom of

Information Act, clean it up and using clever code

make it available to people.”

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+ OpenCorporates how do they serve the clients with the data

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+OpenCorporatesprofit model

While Open Corporates releases all its findings

for free as Open Data under an open license, its

business model includes offering additional paid

services.

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+ OpenCorporatescurrent condition

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+DueDil company’s background

Launched in 2011, this startup called Duedil -

derived from “due diligence” – “is building an

ambitious database on the other side of the

Atlantic”.

Their goal is to provide requisite information for

lenders to invest in small and medium-size

companies with confidence.

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+DueDildata sources

“Much of Duedil is built on Open Data, like data

from Companies House, the United Kingdom’s

central corporate registry.”

They also use some proprietary data sources.

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+DueDilwhat do they do with the data

They aggregated more that 20 years of digitized

financial record and made it available on their

website

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+ DueDil how do they serve the clients with the data

They provides data on small-to-medium-sized

companies in the hope of encouraging hundreds of

billions of dollars in new investment.

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+DueDilprofit model

They use Open Data to fill the information gap between small business owners and the investors.

They “add value through its analysis and functionality rather than by having exclusive rights to any dataset”.

They also “serve as a platform where SMEs can provide information about themselves look for potential business partners, and develop the groundwork for productive dearls”.

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+ DueDilawards

They has been nominated for numerous startup company awards, including:

a. being shortlisted for two Guardian Digital Innovation 2012 awards,

b. finalist in the Orange Innovation Award in the National Business Awards 2012,

c. named as one of '31 to Watch' in Outsell’s Information Industry Outlook 2012: Break and Reset report.

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+CarbonCulturecompany’s background

It is “a digital start-up that was launched in 2009”.

“Luke Nicholson, the founder and Director of CarbonCulture, is a social entrepreneur with a background in design communications and sustainable innovation.”

Now, “the team is made up of four full-time employees and several part-time staff, with a broad network of associates, partner businesses and NGOs.”

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+CarbonCulturedata sources

Data is collected from an organization’s Building

Management Systems and its Automated Meter

Reading.

Luke Nicholson says: “We can integrate with any

system, as well as with buildings that do not have

automated meter readings. We publish open data

for a number of government departments, local

authorities and universities, and are working now

with corporate customers to do the same for them.”

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+CarbonCulturewhat do they do with the data

They were “inspired by a huge global challenge –

to accelerate sustainable transformation at a large

scale and to use digital technology and great

design to make it happen.

They use high-tech metering to monitor carbon use

in the workplace.

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+ CarbonCulture how do they serve the clients with the data

It helps clients use that data to make better

decisions around energy usage and sustainability,

enabling them to realise cash savings.

It also places great emphasis on design and user

interface, enabling people within an organisation to

connect, so that employees develop a shared

understanding of sustainability.

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+CarbonCultureprofit model

Measure and report on clients’ carbon and energy

performance, publishing it in real time online as

well as in workplace receptions and intranets.

Develop apps for clients that allow people and

buildings to work together to make savings.

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+ CarbonCultureawards

It delivered much higher engagement and energy

savings than expected - 40% staff take up and a

10% saving in gas usage - leading to

CarbonCulture being deployed in seven more

government departments.

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+Big Data BureauShanghai, China

Shanghai Municipal Commission of Economy and Informatization is now preparing a Big Data Bureau to share government data and information.

On April 30, 2014, Shanghai Public Credit & Information Platform was open to the public at the first time.

But there are still many challenges for the government.

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+Taiwan’s Open Data Alliance

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+Taiwan’s Open Data Alliance The UK’s Open Data Institute (ODI) and Taiwan’s

Open Data Alliance (ODA) signed a Letter of Intent on 11 December 2013

They will collaborate on a range of activities:

Sharing expertise, knowledge and best practice

Carrying out collaborative projects

Designing support and collaboration systems for open data driven businesses

Developing open data technologies