©Softelligence

The Value of Open Data Teodor Blidarus

through technology Softelligence
Agenda

About Softelligence

What is Big Data & Advanced Analytics?

Why Open Data?

What kind of Open Data?

Beneficiaries of Open Data

Case Studies

Q&A

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About Softeligence

Founded in Bucharest
in 2006,
operating in CEE, UK, Ireland,
Germany, Sweden & Italy FAST 50 & FAST 500
Ranked by Deloitte
in top technology
Microsoft, ISO 9001
companies
in Europe and EMEA
Oracle, SAP ISO 27001
certified
certified
expertise

5 mil. 10 mil.
50%
YOY growth rate over Euro Euro
the last 5 years turnover over turnover in the
the last 4 years next 3 years

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What is BIG DATA?
How can Advanced Analytics help us?
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Big Data

Enterprise
Data

Sensor Public
Data Data
BIG
DATA

Social
Transactions
Media

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BIG DATA = voluminous amount of structured,
semi-structured and unstructured data that
has the potential to be mined for information.

Advanced analytics = future-oriented

analyses that can be used to help
drive changes and improvements in
business practices and society as well.

How does it work?

 Extract information from existing data sets
 Determine patterns and predict future outcomes and trends
 Achieve efficiency and better results
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Advanced Analytics

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What kind of Open Data?

Government data with no

national security restrictions

Open data is data that can be

freely used, re-used and
redistributed by anyone
Data which
does not
contain Non-personal
information data
about specific
individuals.

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Why Open Data?

Open data enables accountability

Open data may lead to more

accurate conclusions and better
decisions
Open data Open data
empowers drives
economic
communities
growth

New knowledge from combined Improved or Transparency

data sources and patterns in large new private and
data volumes products and democratic
services control

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Beneficiaries

Citizens

OPEN DATA Government

Business
Environment

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The Value of Open Data
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Weather-Sensitive Economic Sectors
• ANM/National Meteorological
Agency:
• Historic data about the
weather
• Weather predictions
• Weather patterns
Type of Open Data
Benefits
• It addresses weather-sensitive
economic sectors:
• Utility & Manufacturing
companies
• Transport & Tourism
• Retail (FMCG Companies)
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Insurance & Safety
• Statistics about accidents
• Accidents by geographical area
• Age & average income of
accident of those who cause
accidents
• A record of accidents per
insured person, with their
consent
Type of Open Data
Benefits
• A more accurate Risk
Analysis
• Better Customer Profiling
• Enable carriers to underwrite
many other emerging risks
that are underinsured
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Public Institutions

Benefits
• Financial and legal information
about individuals and
companies
• Encouraging start-ups and
• Common Database for several entrepreneurs
institutions
• Identifying Fraud Patterns in
• Monthly Statistic data regarding Public acquisitions
Public acquisitions
• Fraud analysis to become part
• Historic acquisitions data of the decision process in public
acquisitions

Type of Open Data

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©Softelligence
 ©Softelligence

Teodor Blidarus

THANK YOU! Managing Partner

teodor.blidarus@softelligence.ro
+4 0722.563.650