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The Value of Open Data through
technology
Teodor Blidarus
Softelligence
©Softelligence
©Softelligence
About Softelligence
Big Data & Advanced Analytics
Why Open Data?
What kind of Open Data?
Beneficiaries of Open Data
Case Studies
Q&A
Agenda
About Softeligence
©Softelligence
FAST 50 & FAST 500
Ranked by Deloitte
in top technology
companies
in Europe and EMEA
Founded in Bucharest
in 2006,
operating in CEE, UK, Ireland,
Germany, Sweden & Italy
50%
YOY growth rate over
the last 5 years
Microsoft,
Oracle, SAP
certified
expertise
ISO 9001
ISO 27001
certified
5 mil.
Euro
turnover over
the last 4 years
10 mil.
Euro
turnover in the
next 3 years
What is BIG DATA?
How can Advanced Analytics help us?
©Softelligence
BIG
DATA
Enterprise
Data
Public
Data
Transactions
Social
Media
Sensor
Data
©Softelligence
Big Data
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
BIG DATA = voluminous amount of structured,
semi-structured and unstructured data that
has the potential to be mined for information.
©Softelligence
©Softelligence
Advanced Analytics
©Softelligence
What kind of Open Data?
Non-personal
data
Data which
does not
contain
information
about specific
individuals
Government data with no
national security restrictions
Open data is data that can be
freely used, re-used and
redistributed by anyone
©Softelligence
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
Improved or
new private
products and
services
New knowledge from combined
data sources and patterns in large
data volumes
Transparency
and
democratic
control
©Softelligence
OPEN DATA
Citizens
Government
Business
Environment
Beneficiaries
©Softelligence
The Value of Open Data
Weather-Sensitive Economic Sectors
• ANM/National Meteorological
Agency:
• Historic data about the
weather
• Weather predictions
• Weather patterns
Type of Open Data
• It addresses weather-sensitive
economic sectors:
• Utility & Manufacturing
companies
• Transport & Tourism
companies
• Retail (FMCG companies)
Benefits
©Softelligence
Insurance & Safety
• Statistics about accidents
• Accidents by geographical area
• Age & average income of those
who cause accidents
• A record of person’s accidents
with their consent
Type of Open Data
• A more accurate risk analysis
• Better customer profiling
• Enable carriers to underwrite
many other emerging risks
that are underinsured
Benefits
©Softelligence
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
• Encouraging start-ups and
entrepreneurs
• Identifying fraud patterns in
public acquisitions
• Fraud analysis to become part
of the decision process in public
acquisitions
Benefits
©Softelligence
©Softelligence
THANK YOU!
Teodor Blidarus
Managing Partner
teodor.blidarus@softelligence.ro
+4 0722.563.650
©Softelligence

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The Value of Open Data_ Softelligence Romania

  • 1. The Value of Open Data through technology Teodor Blidarus Softelligence ©Softelligence
  • 2. ©Softelligence About Softelligence Big Data & Advanced Analytics Why Open Data? What kind of Open Data? Beneficiaries of Open Data Case Studies Q&A Agenda
  • 3. About Softeligence ©Softelligence FAST 50 & FAST 500 Ranked by Deloitte in top technology companies in Europe and EMEA Founded in Bucharest in 2006, operating in CEE, UK, Ireland, Germany, Sweden & Italy 50% YOY growth rate over the last 5 years Microsoft, Oracle, SAP certified expertise ISO 9001 ISO 27001 certified 5 mil. Euro turnover over the last 4 years 10 mil. Euro turnover in the next 3 years
  • 4. What is BIG DATA? How can Advanced Analytics help us? ©Softelligence
  • 6. 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 BIG DATA = voluminous amount of structured, semi-structured and unstructured data that has the potential to be mined for information. ©Softelligence
  • 8. ©Softelligence What kind of Open Data? Non-personal data Data which does not contain information about specific individuals Government data with no national security restrictions Open data is data that can be freely used, re-used and redistributed by anyone
  • 9. ©Softelligence 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 Improved or new private products and services New knowledge from combined data sources and patterns in large data volumes Transparency and democratic control
  • 12. Weather-Sensitive Economic Sectors • ANM/National Meteorological Agency: • Historic data about the weather • Weather predictions • Weather patterns Type of Open Data • It addresses weather-sensitive economic sectors: • Utility & Manufacturing companies • Transport & Tourism companies • Retail (FMCG companies) Benefits ©Softelligence
  • 13. Insurance & Safety • Statistics about accidents • Accidents by geographical area • Age & average income of those who cause accidents • A record of person’s accidents with their consent Type of Open Data • A more accurate risk analysis • Better customer profiling • Enable carriers to underwrite many other emerging risks that are underinsured Benefits ©Softelligence
  • 14. 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 • Encouraging start-ups and entrepreneurs • Identifying fraud patterns in public acquisitions • Fraud analysis to become part of the decision process in public acquisitions Benefits ©Softelligence
  • 16. THANK YOU! Teodor Blidarus Managing Partner teodor.blidarus@softelligence.ro +4 0722.563.650 ©Softelligence