UK Government invests ?6 million in data innovation with Open Data Institute

Innovate UK is providing ?6 million over three years to the Open Data Institute (ODI), to advance knowledge and expertise in how data can shape the next generation of public and private services, and create economic growth. Now in its sixth year, the ODI works to build a strong, fair and sustainable data ecosystem by helping businesses and governments around the world get data to people who need it.

  • 7 years ago Posted in
Over three years, the work announced today will enable the UK to build on its established strengths in data and data analytics, break new ground in creating value from data across industry, and ensure that the UK remains at the forefront of data innovation globally.
It will include a number of projects chosen by the ODI to progress strategically important areas: building data infrastructure, improving data literacy, stimulating data innovation and progressing the ethical use of data. In the first year of the programme, work will focus on creating economic, and social benefits from data, answering a range of key innovation questions and meeting business needs, including:  
  • How can businesses make better technological and business model decisions by capitalising on emerging trends such as artificial intelligence, blockchain, and measures that provide greater control over personal data?
  • How are data and technology innovation communities spread across the UK, and what are their links with our top academic and business institutions? What does this tell us about where Government should invest, and where businesses should establish themselves?
  • How can data be used to improve the peer-to-peer accommodation market for organisations like AirBnB or LoveHomeSwap, to support businesses and communities, and improve the experience of consumers and users?
  • What are the most effective data-enabled public services? What lessons can they offer to other public sector workers developing services? And what new models can we uncover through experimentation?
  • How can government, businesses and communities work together to maintain data? How can they collaborate to ensure that data from multiple sources can be understood and combined easily?
(For more information on each workstream please see notes to editors, below.)
Dr Jeni Tennison, CEO at the ODI, said:

‘Data is transforming the decisions we make as individuals, organisations and societies, from how we navigate from A to B, to finding an appropriate loan, to knowing where to invest to promote innovation. These  new projects will advance our understanding of the opportunities data can bring as well as some of the pitfalls to avoid.
‘Since the ODI launched five years ago we, with our global network, have unlocked over ?80million of value, by supporting new businesses and services, to leading major data-focused initiatives. For example, the ODI is currently working in partnership with Sport England to deliver OpenActive, a community-led initiative of sport and physical activity organisations and individuals, using open data to get people more active.
‘The work we are announcing today will find the best examples of things working well, so we can share and learn from them.  We will take these learnings and help businesses and governments to use them and lead by example.’
The new programme of work will target specific groups and professionals within the public sector, businesses, and the data community. The reports, research and tools produced will become practical assets that can be used and added to by others, to continue to explore how data can and should work in our societies and economies.

The funding has been awarded through Innovate UK, the UK’s innovation agency, in a three-year programme, running from June 2017 to March 2020 with a funding profile of ?2m each year.
IT teams urged to resolve ‘data delays’ as UK executives struggle to access and use relevant...
The Seeq platform will be leveraged to maximize production and increase energy efficiency across...
Talent and training partner, mthree, which supports major global tech, banking, and business...
The 2024 State of Data Intelligence Report finds companies struggling with AI governance more than...
On average, only 48% of digital initiatives meet or exceed business outcome targets, according to...
Fivetran equips over half of Trinny London's workforce with self-service analytics, accelerating...
Techcombank, one of Vietnam’s leading financial institutions, has implemented the Databricks Data...
New survey data from Cohesity reveals that consumers surveyed worldwide are highly concerned about...