The UK is in the vanguard of open data. Sirs Tim Berners-Lee and Nigel Shadbolt founded the Open Data Institute as a catalyst for “the evolution of open data culture to create economic, environmental, and social value”.
In this article from CBR (Computer Business Review), Mike Kearney, Product Marketing Specialist at Encompass, looks at how to derive value from open data.
According to the Public Data Group’s Summer 2014 Statement on Open Data, they estimated “the value of Open Data released by PDG at over £900m annually”, Mike explores the goldmine of over 170 million digital records that are now available for companies to delve into.
Read the complete feature on CBRonline: Open Data, Innovation and Value