Short presentation on Open Data & Open Innovation at KTH- Royal Institute of Technology

1. SERDAR TEMIZ
www.serdartemiz.com
www.opensweden.net
Open Data Innovation

2. Silicon Valley’s Orthodox Approach

3. Problem Gold Corp

4. Call: Goldcorp Challenge
Call: CEO Rob McEwenDecided to run a contest
Input: Provide access to the geological data of
the company's Moribund Red Lake Mine in
Northern Ontario
Request: Solvers to have a crack at finding its
richest gold deposits

5. Result
1) 110 sites identified by the solvers, of which
50% were new, 80% of which produced gold.
2) 8 million ounces of gold found.
3) Company value up from $100 million to $9
billion. (Pre contest and post contest)

6. Is Open Innovation something new?
• collective invention
• crowdsourcing
• community-based competition
• user-developed innovation
• open source
And more..

8. Open Data Terminology

9. Is information on PDF is Open
Data?
NO

10. Open Data can be defined as “data”
that is or should be available for
free to everyone and organization
to use, republish, analyses as they
want without copyright, patents
type of restrictions.

11. Open Data Ecosystem

12. How Innovation theories, methodologies
change when we have so much data Open?

13. Thank you