Nobody cares about open data. And they shouldn’t. What people care about are jobs, clean air, safety and security, education, health, and the like. And for open data to be relevant and meaningful, it must contribute to what people care about and need.
We wrote a few weeks ago that the private sector is increasingly using open data in ways that are not only commercially viable but also produce measurable social impact. What is missing is financing that can help catalyze the growth of data fueled businesses in emerging economies. We are developing a fund that will address this precise need.
Companies such as Climate Corporation, Opower, Brightscope, Panjiva, Zillow, Digital Data Divide and many others have shown that it’s possible to be disruptive (in established sectors such as agriculture, health and education), innovative (across the data spectrum - from collection to storage to analytics to dissemination), profitable, and socially impactful at the same time (see Climate Corporation’s Ines Kapphan, Metabiota’s Ash Casselman, and the [email protected]’s Joel Gurin talk about how how open data based companies are tackling complex, sophisticated development problems in high-impact business sectors – their path breaking work is clear evidence of the growing maturity of the industry).