Established in December 2014, ODI Queensland’s mission is to catalyse open data for the benefit of everyone. They want ODI in Australia to be an effective, self-sustaining organisation, valued and trusted by its stakeholders across government, industry, academia and research, and the community. They strive to strengthen the global ODI network, and leverage the network to create value in Australia.

ODI Queensland is passionate about the transformative potential of open data. They believe in the power of open, they believe in the power of cross-sectoral collaboration, and they believe in challenging boundaries to create value.

Right from the start, it was their mission to create a place where people are imaginative, innovative, collaborative and committed. They want ODI Queensland to be vibrant, inclusive and fun to be a part of.

ODI Queensland is unique in the global ODI network, having been formed and funded by a strong collaboration between private industry, academia, research and the community – which demonstrates their genuine commitment to the open data movement. It is critical for them to develop a sustainable financial model in order to deliver genuine, lasting impact.

What is the definition of Open Data?

Open data is data that anyone can access, use or share. Simple as that. When big companies or governments release non-personal data, it enables small businesses, citizens and medical researchers to develop resources which make crucial improvements to their communities.

Some of us worry about personal health records being “made open”. Some confuse commercial and personal data, or mix up big data with open data. It’s easily done. We’ve created this visual to show you the different types of data that exist out there.

The benefits of Open Data

Open data has proven benefits for our economies and citizens. The Shakespeare Review identified £6.8bn of total value in UK public sector data, a report in 2011 estimated that the EU market for public sector data would grow to €40bn per year, while McKinsey estimated a global market powered by open data from across seven sectors would create between $3tn and $5tn a year.

The Open Data Institute has identified open data-driven UK companies with a combined annual turnover of over £92bn, employing over 500,000 people. Transport for London alone has seen a 58:1 return on investment by releasing transport data, in the process helping create global leaders such as Citymapper. Denmark has identified a 70:1 return on investment by choosing to publish address data openly.

In the US, an open data company has sold for $930m and Landsat data create savings of $350m to $436m per year, while at least 84% of American smartphone owners use an application powered by open data every single day.

For more information on the ODI and Open Data, please visit http://theodi.org/

Posted on 10 / 03 / 2017

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