Open data: Unlocking innovation and performance with liquid information
| Title | Open data: Unlocking innovation and performance with liquid information |
| Publication Type | Journal Article |
| Year of Publication | 2013 |
| Authors | Manyika, J., Chui M., Groves P., Farrell D., Van Kuiken S., Doshi E. Almasi, & Institute MK. Global |
| Pagination | 103 |
| Date Published | 2013/10// |
| Keywords | gap_evidence, sg_big_data, sg_data_economics, sg_data_universe, sg_data_value, sg_ps |
| URL | http://ebooks.capgemini-consulting.com/The-Open-Data-Economy/#/1/zoomed |
Gap Area Study Type:
High-level Gap Areas:
Measurement Gap Areas:
Metrics Gap Areas:
Purpose:
Identified ways open data can create economic value in terms of revenue and savings and economic surplus (e.g., time savings that commuters gain when they avoid congestion); estimated potential annual value that use of open data could bring in seven domains: education, transportation, consumer products, electric power, oil and gas, health care, and consumer finance
Method:
Quantified (in monetary terms) the potential value of using open data in seven “domains” of the global economy: education, transportation, consumer products, electricity, oil and gas, health care, and consumer finance; identified “levers” through which open data can create economic value and explored the barriers to adoption and “enablers” for capturing value by making data more open; provided examples of uses of open data that have a significant impact
