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Data as a source of innovation – a view from the World Bank

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Presentation on theme: "Data as a source of innovation – a view from the World Bank"— Presentation transcript:

1 Data as a source of innovation – a view from the World Bank
Data, Digital assets and Platforms for innovation   The World Conference on Intellectual Capital for Communities UNESCO, July 12&13 @prasannalaldas

2 My interests in data span - As part of how the Bank works
I work at the Trade & Competitiveness practice at the World Bank and focus on data driven products and services Founded the World Bank’s Open Finances program a few years ago; one of the Bank’s earliest forays into big data Keenly interested in data driven entrepreneurship and innovation in emerging countries What follows is an individual perspective on the state of data innovation at the World Bank and beyond My interests in data span - As part of how the Bank works For analytics To help promote economic growth To build partnerships/communities To support/lead new research areas To support governments/partners Write me at on Twitter if you have a question @prasannalaldas

3 Today The World Development Report on Digital Dividends
Data innovations in WBG portfolio Open data Big data Digital economy/Economic growth Business as unusual @prasannalaldas

4 #wdr2016

5 Digital transformation
Digital technologies are transforming - Business People’s lives Governments @prasannalaldas

6 Uneven dividends Between the digital haves and have nots
Between and within countries – in access and capability @prasannalaldas

7 Benefits and risks @prasannalaldas

8 Accelerated growth or lower competition?
@prasannalaldas

9 Expanded opportunities or greater inequality?
@prasannalaldas

10 Improved service delivery or lower accountability?
@prasannalaldas

11 Race between technology and complements
@prasannalaldas

12 Analog foundations of a digital economy
@prasannalaldas

13 Scenes from our portfolio
Data Innovation at the World Bank Group Scenes from our portfolio @prasannalaldas

14 When we speak of data, we mean…
Big Beautiful Open Things and machines Innovation New policies New business models New power landscape New products & services New tools and skills New analytics Opportunities Economic growth Competitive advantage Inequalities Gaps @prasannalaldas

15 Open data at World Bank Group
The World Bank's Open Data Initiative launched in April, 2010, providing free, open and easy access to development data, and challenging the global community to use the data to create new solutions to address poverty Today, the World Bank's Open Data Catalog includes over 8,000 development indicators for…countries, going back over 50 years, in 5 languages, and is continuously expanding In addition, it contains searchable databases on projects, finances, procurement and other operational activities The World Bank Group is considered a leader in the global open data community, and collaborates actively with other agencies and global partnerships @prasannalaldas

16 Why open data The traditional benefits Emerging opportunities
Transparency Accountability Inclusion Participation Engagement Service delivery Economic growth Private sector development Jobs @prasannalaldas

17 What is the economic opportunity
@prasannalaldas

18 An ecosystem approach Data Policy Capacity Innovation Financing
@prasannalaldas

19 Open data readiness assessments
Toolkit designed to help governments plan and implement an open government data program, while avoiding common pitfalls Assessments conducted in 25+ countries including – Uganda Burkina Faso Sierra Leone Tanzania Nigeria Botswana Rwanda Ethiopia @prasannalaldas

20 Open data for business tool
A methodology to assess the private sector’s current and potential use of government data in various countries Enormous potential for – Economic growth Innovation and entrepreneurship Inclusion Jobs The tool assesses 4 areas relevant to the private sector Capabilities High value data Barriers Engagements Pilots at – Sierra Leone @prasannalaldas

21 Big data Measuring the world Understanding the world
Changing the world @prasannalaldas

22 Reviving the Great Lakes
Piloting a new approach to measure to monitor progress in conflict affected regions Apply data and machine learning to better and more quickly understand sectoral, temporal, and spatial dynamics @prasannalaldas

23 More projects in different stages of development
Tanzania sectoral performance dashboard Measuring the innovation capacity of cities Deriving non-tariff measures through machine learning Making sense of global urban data Using geo-spatial data to secure property rights Many more…

24 Building a data society
Data literacy Data capacity of entrepreneurs Data skills in government Media skills More

25 Engagement and co-development with data
The World Bank Negawatt challenge Tools like data dives and hackathons are effective tools to build engagement, establish community, test ideas, and understand data demand Uganda Kenya Zimbabwe More @prasannalaldas

26 A revolution in slow motion
The Bank is a leading proponent of and contributor to the ‘data revolution’ within UN agencies, international organizations, NSOs, and more Global partnership for sustainable development There is increasing demand from clients from clients who are overwhelmed by the abundance of data in governance The Bank recognizes the value of data in achieving better program results The competitive landscape of development is changing and data is becoming a major differentiator

27 Thank you


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