What kind of Open Data?

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The Value of Open Data through technology

Teodor Blidarus

Softelligence

Agenda

About Softelligence

What is Big Data & Advanced Analytics?

Why Open Data?

What kind of Open Data?

Beneficiaries of Open Data

Case Studies

Q&A

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About Softeligence

Founded in Bucharest in

2006

, operating in CEE, UK, Ireland,

Germany, Sweden & Italy

Microsoft,

Oracle, SAP certified expertise

ISO 9001

ISO 27001 certified

FAST 50 & FAST 500

Ranked by

Deloitte in top technology companies in Europe and EMEA

50%

YOY growth rate over the last 5 years

5 mil.

Euro turnover over the last 4 years

10 mil.

Euro turnover in the next 3 years

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What is BIG DATA?

How can Advanced Analytics help us?

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Big Data

Enterprise

Data

Sensor

Data BIG

DATA

Social

Media

Transactions

Public

Data

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

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

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Advanced Analytics

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What kind of Open Data?

Government data with no national security restrictions

Data which does not contain information about specific individuals.

Non-personal data

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

New knowledge from combined data sources and patterns in large data volumes

Improved or new private products and services

Transparency and democratic control

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Beneficiaries

OPEN DATA

Citizens

Government

Business

Environment

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The Value of Open Data

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Weather-Sensitive Economic Sectors

• ANM/National Meteorological

Agency:

• Historic data about the weather

• Weather predictions

• Weather patterns

Type of Open Data

Benefits

• It addresses weather-sensitive economic sectors:

• Utility & Manufacturing companies

• Transport & Tourism

• Retail (FMCG Companies)

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Insurance & Safety

• Statistics about accidents

• Accidents by geographical area

• Age & average income of accident of those who cause accidents

• A record of accidents per insured person, with their consent

Type of Open Data

Benefits

• A more accurate Risk

Analysis

• Better Customer Profiling

• Enable carriers to underwrite many other emerging risks that are underinsured

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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

Benefits

• Encouraging start-ups and entrepreneurs

• Identifying Fraud Patterns in

Public acquisitions

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

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THANK YOU!

Teodor Blidarus

Managing Partner teodor.blidarus@softelligence.ro

+4 0722.563.650

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