The Value of Open Data_ Softelligence Romania

The Value of Open Data through technology

Teodor BlidarusSoftelligence

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About Softelligence

Big Data & Advanced Analytics

Why Open Data?

What kind of Open Data?

Beneficiaries of Open Data

Case Studies

Q&A

Agenda

About Softeligence

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FAST 50 & FAST 500 Ranked by Deloitte

in top technology companies

in Europe and EMEA

Founded in Bucharest

in 2006,operating in CEE, UK, Ireland,

Germany, Sweden & Italy

50%YOY growth rate over

the last 5 years

Microsoft, Oracle, SAP

certified expertise

ISO 9001 ISO 27001

certified

5 mil. Euro

turnover overthe last 4 years

10 mil. Euro

turnover in the next 3 years

What is BIG DATA? How can Advanced Analytics help us?

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BIG DATA

Enterprise Data

Public Data

TransactionsSocial Media

Sensor Data

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Big Data

Advanced analytics = future-oriented analyses that can be used to help drive changes and improvements in business practices and society as well.

How does it work? Extract information from existing data sets Determine patterns and predict future outcomes and

trends Achieve efficiency and better results

BIG DATA = voluminous amount of structured, semi-structured and unstructured data that has the potential to be mined for information.

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Advanced Analytics

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What kind of Open Data?

Non-personal data

Data which does not contain

information about specific

individuals

Government data with no national security restrictions

Open data is data that can be freely used, re-used and redistributed by anyone

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Why Open Data?

Open data enables accountability

Open data empowers

communities

Open data drives

economic growth

Open data may lead to more accurate conclusions and better

decisions

Improved or new private

products and services

New knowledge from combined data sources and patterns in large

data volumes

Transparency and

democratic control

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OPEN DATA

Citizens

Government

Business Environment

Beneficiaries

Weather-Sensitive Economic Sectors

• ANM/National Meteorological Agency:• Historic data about the

weather• Weather predictions• Weather patterns

Type of Open Data

• It addresses weather-sensitive economic sectors:• Utility & Manufacturing

companies• Transport & Tourism

companies• Retail (FMCG companies)

Benefits

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Insurance & Safety

• Statistics about accidents• Accidents by geographical area• Age & average income of those

who cause accidents• A record of person’s accidents

with their consent

Type of Open Data

• A more accurate risk analysis• Better customer profiling• Enable carriers to underwrite

many other emerging risks that are underinsured

Benefits

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Public Institutions

• Financial and legal information about individuals and companies

• Common database for several institutions

• Monthly statistic data regarding public acquisitions

• Historic acquisitions data

Type of Open Data

• Encouraging start-ups and entrepreneurs

• Identifying fraud patterns in public acquisitions

• Fraud analysis to become part of the decision process in public acquisitions

Benefits

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The Value of Open Data_ Softelligence Romania

Technology

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