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Open data policies ‘support economic growth’

A Deloitte expert has highlighted the economic and social benefits associated with open data policies

Thursday 31 October 2013

Open data policies ‘support economic growth’The importance of open data in supporting economic growth has been highlighted by an expert from Deloitte, ahead of a new summit on the issue.

The annual meeting of the Open Government Partnership takes place in London today and tomorrow (October 31 and November 1), with the aim of addressing how openness can improve public services while fuelling growth.

The partnership was formed in 2011 in a bid to encourage global governments to promote transparency and tackle corruption.

Economic benefits
Discussing the launch of the 2013 summit, Costi Perricos, public sector analytics leader at business advisory firm Deloitte, said open data can improve social systems while boosting economies at the same time.

The expert stated:
“It underpins governments’ engagement with citizens, public sector performance and efficiency improvements, and supports life choices made by individuals and communities. This is why Deloitte fully supports the Open Government Partnership and their agenda to promote greater transparency and access to open data for wider societal benefit.”

Business implications
In the years to come, Mr Perricos warned that businesses may need to adapt their operations as transparency and social responsibility become more entwined with profit generation.

He added that Deloitte is keen to make a positive contribution to society, with businesses existing “for more than just profit”.

The firm already works closely with the Social Progress Imperative, a body which seeks to improve people’s wellbeing.

And Mr Perricos said the group’s new Social Progress Index should “make it easier for businesses to understand where and how they can get involved, helping to prioritise social investment decisions, and encourage collective action”.

The expert concluded that, in a bid to overcome key global issues and create a more sustainable world society, businesses, governments and other stakeholders need to collaborate more closely.

Delegates descend on London
The Open Government Partnership’s London summit will involve 1,000 delegates from 60 different countries.

Representatives from civil society organisations, businesses and governments will take part in the event, discussing the positive impact which open data policies can have.

Copyright Press Association 2013

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