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The U.S. federal government is transforming its information into open data – standardized, searchable, and ready for anyone to use. Open data supports better accountability, enables data-driven decisions, and allows compliance tasks to be automated.
The transformation is driven by key policy changes. First, the DATA Act of 2014 and President Obama’s Open Data Policy are making open data a central part of government management. Second, the Financial Transparency Act, currently pending in Congress, and the IRS’ recent commitment to publishing nonprofit filings promise that the future of business and nonprofit reporting lies in standardized data, rather than disconnected documents. Third, open data formats are being adopted for the text and substance of laws and regulations, changing the essence of policymaking. Data Transparency 2015 offered a first glimpsed of what the government and business leaders who are pursuing in these policy areas.
Data Transparency 2015 was hosted by the Data Coalition, the world’s only open data trade association, representing market leaders in data publication, data analytics, and data reporting.