We’re all talking about it. Data—how to best make it available to the market for the creation of new products and services.
8 February 2016
This was a key focus of the Prime Minister’s $1.1 billion innovation package announced this month.
The Bureau of Communications Research (BCR) today released analysis of the impact of open government data, revealing its potential to generate up to $25 billion per year, or 1.5 per cent of Australia’s GDP.
‘In Australia, users can already access and re-use more than 7000 government data sets published on data.gov.au,’ said Dr Paul Paterson, Chief Economist and Head of the Bureau of Communications Research (BCR).
‘Some of the high-value data sets include geospatial/mapping data, health data, transport data, mining data, environmental data, demographics data, and real-time emergency data.
‘Many Australians are unaware of the flow-on benefits from open government data as a result of the increased innovation and informed choice it creates. For example open data has the power to generate new careers, more efficient government revenues, improved business practices, and drive better public engagement,’
‘As more government data sets are released, the private sector, academia, and individuals need to take better advantage of the opportunities this raw data provides,’ Dr Paterson said.