Presentation by Chris Yiu (Policy Exchange) from the 'Prefect Swell' workshop on text and data mining on the 27th of September 2013.

1. Data-driven innovation:
economic and social potential
Chris Yiu
Head of the Digital Government Unit
@PXDigitalGov

2. Topics for today
A sea of data1
Big data opportunities2
Innovation and growth3
The digital economy4
Creativity, certainty and copyright5

3. Data, data, everywhere
Total global storage
capacity at mid 2012
= 2.5 zettabytes
CAGR = 50%
1 zettabyte =
1 trillion gigabytes
http://www.flickr.com/photos/bethscupham/7663247816

4. Big data opportunities
Sharing data to save time, paper and moneyA
Learning about performance in real timeB
Personalising for a better user experienceC
Solving problems and predicting the futureD
Innovating for enhanced productivity and growthE

5. Case study: Healthcare
http://www.flickr.com/photos/50382026@N06/4741451457

6. Case study: Census
HM Government (1920)

7. Innovation and growth
“With the right
investments,
the UK is well
placed for the
big data
revolution”
Rt Hon David Willetts MP
Minister for Universities and Science
Eight great technologies (2013)

8. The digital economy
Growth Intelligence, NIESR, Financial Times (2013)

9. The world’s top private digital businesses
82
4 4 3 2 2 2 1 1 1 1
United
States
UK China India France Sweden Russia Germany Finland Canada South
Korea
October 2012
N = 103
United States ≈ 80%
California
43
New York
25
Others
14
United
States
Business Insider SAI Digital 100

10. Six pillars for success
Pro-market economic policy foundations
Skills
Ambition
Finance
Mentors
Agility
Creativity
High-impact digital
entrepreneurship
Bits and Billions: A blueprint for high-impact digital entrepreneurship (2012)

11. Focus on copyright
“Trying to make digital files uncopyable
is like trying to make water not wet”
Certainty is critical
Fair use: an exception to copyright
…or a fundamental user right?

12. @PXDigitalGov
Thank you