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• I lead the Open Finances program at the World Bank
• We publish open data about the Bank’s operations and its partners at
https://finances.worldbank.org
• Our mobile app is at http://apps.worldbank.org/wbfinances
• We are focused on the use of data
• As part of how the Bank works
• For analytics
• To help promote economic growth
• To build partnerships/communities
• To support/lead new research areas
• To support governments/partners
• This presentation does not reflect the views of The World Bank or the
Open Finances team
Before We Start
• What is open data
• The growth of open data
• The economic opportunities
• Business models
• Open data in India
• Making it happen
Today
What is Open Data
1. Technically open: available in a machine-readable standard format
2. Legally open: explicitly licensed in a way that permits commercial and non-commercial use and re-use without restrictions
Data that can be freely used or reused by anyone, for any purpose.
• Transparency
• Accountability
• Engagement
• Inclusion
• Service delivery
• Economic growth
• Commercial viability
• Social impact
The Drivers of Open Data
Open Data at the World Bank
• The World Bank's Open Data Initiative launched in April, 2010, providing free, open and easy access to development data, and challenging the global community to use the data to create new solutions to address poverty.
• Today, the World Bank's Open Data Catalog includes over 8,000 development indicators for…countries, going back over 50 years, in 5 languages, and is continuously expanding.
• In addition, it contains searchable databases on projects, finances, procurement and other operational activities.
• The World Bank Group is considered a leader in the global open data community, and collaborates actively with other agencies and global partnerships.
The Growth of Open Data
0
10
20
30
40
50
60
70
2011 2012 2013 2014
Number of countries signed up for Open Government Partnership
Countries where the World Bank is supporting open data related activities
Open Data Driven Companies
Mexico
Laos, Cambodia, Kenya
Chile
India
Indonesia
USA Emerging Economies
Our Open Data Business Survey in India
3525
12
72
19 169 5
01020304050607080
52
99
3
29
10
0
20
40
60
80
100
120
North South East West Pan India
106
87
0
20
40
60
80
100
120
Companies Interviewed Companies That CouldNot Be Interviewed
0
20
40
60
More than 15years
10 - 15 years 6 - 9 years 3 - 5 years 2 - 3 years Less than 2years
Location Intelligence Healthcare Food and AgriculturePublic Utilties Education Urban PlanningAwareness Financial Inclusion Personal SecurityLogistics Tourism Social Media
Financing Gap
1326
60
7 1224
51
010203040506070
No
t-fo
r-pro
fit
Do
esn
't N
eed
Fin
ancin
g
Ne
ed
Fin
an
cin
g
No
t In
tere
ste
d in
Re
sea
rch
No
t-fo
r-pro
fit
Da
ta c
olle
cte
d fro
mM
CA
Did
no
t re
ce
ive
resp
onse
Companies Interviewed Companies That CouldNot Be Interviewed
48
1915
3
0
10
20
30
40
50
60
Equity Debt Grant Working Capital
4
22
12
2
6
11
4
13
4
Location Intelligence
Healthcare
Food and Agriculture
Public Utilties
Education
Urban Planning
Awareness
Financial Inclusion
Personal Security
Social Media
Outsourcing
20.6 15.1 9.5
102.7
20.8 20.432.6
2.30.59 0.60 0.79 1.43 1.10 1.28 3.62 0.45
0.0
20.0
40.0
60.0
80.0
100.0
120.0
Total Financing Need Average Financing Need
• Think beyond small
• Think ecosystem; not components
• Take a public private approach
• Build a data infrastructure
• Create financial and non-financial instruments
• Acknowledge the perils of data
What Next