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The experiences of www.spendnetwork.com in building an open data repository for financial data.
The presentation covers our approach to making open data legible.
The experiences of www.spendnetwork.com in building an open data repository for financial data.
The presentation covers our approach to making open data legible.
The experiences of www.spendnetwork.com in building an open data repository for financial data.
The presentation covers our approach to making open data legible.
Making Transparency Work - 2014.09.18 @ianmakgill @spendnetwork 1. Who am I? 2. Why make nancial data open? 3. How to make nance data open? 4. Why we need open data businesses @ianmakgill @spendnetwork 1. Who am I? 2. Why make nancial data open? 3. How to make nance data open? 4. Why we need open data businesses @ianmakgill @spendnetwork I know more about government spending than government does. @ianmakgill @spendnetwork The ideal open nancial data environment Budgets
Projects
Tenders
Contracts
Transactions
Receipts @ianmakgill @spendnetwork 1. Who am I? 2. Why make nancial data open? 3. How to make nance data open? 4. Why we need open data businesses @ianmakgill @spendnetwork Spend with SMEs 01/04/2011 01/09/2011 01/02/2012 01/07/2012 01/12/2012 01/05/2013 01/10/2013 @ianmakgill @spendnetwork Spend: budget management 0.00 6,000,000.00 12,000,000.00 18,000,000.00 24,000,000.00 Apr 2011 Aug 2011 Dec 2011 Apr 2012 Aug 2012 Dec 2012 Apr 2013 Aug 2013 @ianmakgill @spendnetwork Monitor supplier performance 0 15,000,000 30,000,000 45,000,000 60,000,000 May 2013 Jun 2013 Jul 2013 Aug 2013 Sep 2013 Oct 2013 CAPITA BUSINESS SERVICES LTD CAPITA RESOURCING LIMITED CAPITA PROPERTY AND INFRASTRUCTURE LIMITED CAPITA HARTSHEAD BENEFIT CONSULTANTS LIMITED @ianmakgill @spendnetwork Monitor a category 17,787,394 21,167,680 26,120,444 28,943,874 59,851,635 138,933,442 Comensura (38.4%) Matrix SCM (16.6%) Randstad (8.0%) Hays (7.2%) Manpower (5.9%) Pertemps Group (4.9%) @ianmakgill @spendnetwork Monitor tender performance 50 100 150 200 250 2010 2011 2012 2013 Germany Greece Netherlands Poland United Kingdom @ianmakgill @spendnetwork Monitor the burn on every budget and contract @ianmakgill @spendnetwork 1. Who am I? 2. Why make nancial data open? 3. How to make nance data open? 4. Why we need open data businesses @ianmakgill @spendnetwork The ideal open nancial data environment Budgets
Projects
Tenders
Contracts
Transactions
Receipts @ianmakgill @spendnetwork A total register of all public entities Govt Register Budgets
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Tenders
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Receipts @ianmakgill @spendnetwork And for companies too (opencorporates.com) Company Register Budgets
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Receipts @ianmakgill @spendnetwork Then we can know who bought from whom Company Register Govt Register Budgets
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Receipts @ianmakgill @spendnetwork To know what was bought we build in categorisation Company Register Govt Register Budgets
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Receipts @ianmakgill @spendnetwork Where we are in the UK. Company Register Budgets
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Receipts @ianmakgill @spendnetwork As well as this, you have to validate every entry for errors and omissions. @ianmakgill @spendnetwork 1. Who am I? 2. Why make nancial data open? 3. How to make nance data open? 4. Why we need open data businesses @ianmakgill @spendnetwork Innovates fast Innovates slowly Why open data businesses are important to open data? L o n g
t e r m
i n v e s t o r S h o r t
t e r m
i n v e s t o r start up Government agency Large business Hackers / activists Voluntary groups @ianmakgill @spendnetwork An open data entrepreneur sees an opportunity to work with the data.
Theyre not commissioned by Government, they just see the opportunity and take it. @ianmakgill @spendnetwork When an open data entrepreneur builds a business with your data, you get:
Investment
Commitment
Validation
Insight
As well as economic growth and new jobs. @ianmakgill @spendnetwork Government has to be patient, it may take a while for entrepreneurs to build products.
Follow the ODI model for incubation
Run innovation competitions
Seed fund for specic outputs
Be glad for businesses to get rich
from open data. @ianmakgill @spendnetwork www.spendnetwork.com _