Innovation vs Privacy: The Open Data Economy Dilemma

The open data economy – meaning public information and data shared from private sources – is already estimated to generate $3 trillion in economic value per annum globally (McKinsey, 2013). Global infrastructure for responsible, ethical data liquidity is still required to unlock the next wave of cross-border, data-driven growth. Data privacy is a huge challenge for data custodians around the world, and open data cannot be achieved for industries with high risk. Regions around the world are approaching the data economy in different ways, with a few leading light markets asserting their position on how to remain competitive with data-driven innovation while managing data privacy.

Get insight into the current data economy landscape in front-running markets around the world, and the extent to which they are harnessing the potential of the data economy.

This whitepaper highlights the significant opportunities and challenges, and lays out how to maximise the scale of this once-in-a-generation industry transformation to facilitate safe, ethical cross-border flow of open data and insight.


Innovation vs Privacy: The Open Data Economy Dilemma

  • Learn about the international context and geo-political implications of the data economy
  • Get a briefing on what the winners will do in the open data economy
  • Explore real world applications for data privacy and data innovation

About the Authors

Lynn Thompson

Lynn manages Data Republic’s operations and growth in Singapore and throughout South East Asia, working with enterprise and governments to realise opportunities in the emerging data economy. An experienced technology and innovation executive, Lynn previously worked with Deloitte Digital and Firemark’s InsurTech Hub, responsible for launching and operating the emerging technology and artificial intelligence (‘AI’) hub.

Danny Gilligan

As both a serial entrepreneur and venture capitalist, Danny Gilligan is at the forefront of driving disruptive innovation in Australia’s financial services sector. Danny is co-founder of both Data Republic and Reinventure Group, as well as a founding director of Stone & Chalk, an independent not-for-profit Fintech hub in Australia. Danny regularly consults with government, technology and business leaders on data innovation policy.


Why Data Republic?

With the value of data climbing exponentially and data laws intensifying rapidly, the need for intelligent data tools cannot be overstated. Data Republic’s simple to use platforms offer connection to a global ecosystem of data talent, multi-use legal frameworks and safe data-matching between organizations. Revolutionize the way your data performs by joining Data Republic.

Learn More

The latest data insights

Team blog

How to grant secure access to sensitive data

A decade’s worth of digital transformation was shoehorned into 2020 due to widespread lockdowns and the need for people to work, shop and entertain themselves remotely. Accelerated digital transformation has many flow-on effects, but one of the most significant is that far more data gets collected. And as Big Data … Read More

View All Resources

Start unlocking the true potential of your data.

Let's Go

Request a demo

Fill out the form and a member of the Data Republic
team will get in touch to arrange a demo.

Get started with Data Republic

Fill out the form and a member of the Data Republic
team will get in touch to talk to you about your data project