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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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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
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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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• 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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• 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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Teodor Blidarus
Managing Partner teodor.blidarus@softelligence.ro
+4 0722.563.650