OpenCorporates: ‘Open data is the currency of democracy’

With the 2015 Open Data Awards just around the corner, we catch up with Open Corporates, a finalist for the Open Data Publisher Award.)

The Open Data Awards celebrate innovation and excellence in open data across the world. Hundreds of inspiring people and organisations have been nominated across five categories, from social impact to publishing.

The awards will be held on July 9 at Bloomberg’s London offices on Finsbury Square. Explore all nominees and finalists and follow #ODIAwards for updates on the night.

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Open Corporates

@OpenCorporates

1. Hi! How are you doing?

We’re doing very well thank you. Now eight people strong and a community of hundreds of contributors and various clients, OpenCorporates has become a key component of the workflow of journalists, businesses, governments, researchers, investigators and NGOs around the world. We’ve increased our datasets to millions of datapoints on 84 million companies in 104 jurisdictions worldwide.

2. What do you, or your organisation, do in a nutshell?

OpenCorporates is the world’s largest open database of companies with data on over 84 million companies in 104 jurisdictions. OpenCorporates is revolutionising access and reusability of company data, making it not just freely available on the web, but also giving access to the underlying data through its API and with an open licence.

3. What first got you excited about open data?

Someone once said that information is the currency of democracy. In a world where our lives our mediated with smartphones and computers, open data is the currency of democracy. Without open data, we don’t have a democracy.

4. What are your biggest data challenges?

Data isn’t there; data is there but need an army to extract it; data is messy; proprietary licences; and people don’t understand data.

What kind of open data would you like to see more of?

Open data about shareholders, directors and beneficial owners of companies, and about contracts between businesses and governments.

How do you feel about being nominated for an open data award?

Awesome.

The Open Data Awards will be held on July 9 in partnership with Bloomberg at Bloomberg’s London offices on Finsbury Square.

Explore all nominees and finalists and follow #ODIAwards for updates on the night.

Posted in Benefits of open data, Commercial opportunities, Informing Decision-making, Innovation, Posts from feeds, Saving money Tagged with: , , , , , ,