Did you know that McKinsey estimates open data can contribute $3 to $5 trillion to the economy, while personal-location data could capture $600 billion?
Globally, institutions are using open and big data for commercial benefit, but it is increasingly being used for social benefit too. Emphasis has moved from simply opening up data, to improving standards and reusing data to build better services and provide new ones. The Open Data Barometer and Open Data Index mapped open data reuse around the world, while the Open Data 500 project studies sustainable use of open data by US companies. The Human Face of Data also investigated the unique ways that big data can help us all.
Through multimedia, expert panelist insight, as well as group discussions, this session will highlight new open and big data services, and delve into the unique and vital role that nonprofits and citizens must play to realize big and open data’s promise for good.
We will also discuss some of the steps that nonprofits can start to take to use their data and other publicly available datasets to provide more sustainable products and services.