Big data and open government data can provide significant economic and social benefits to citizens if used effectively. While open data aims to make non-sensitive government data freely available, there are challenges to overcome, including data owners wanting to hoard information, privacy concerns, and ensuring citizens feel they are benefiting from a fair deal. If these challenges are addressed, open data could fuel new multi-billion pound industries and more efficient public services, as seen in a weather analytics company that was sold for $930 million after using open government data on weather and agriculture.
Related topics: