Why it matters

The Sunlight Foundation’s Impacts of Open Data report (April 2014), identifies five reasons why civic leaders and citizens should care about open data.

  1. Create transparency
  2. Empower accountability
  3. Enhance efficiency and lead to cost savings
  4. Improve service quality
  5. Increase public participation

Established private sector consultants, McKinsey & Company, echo and amplify the wisdom of using open data in pursuit of economic benefits. They argue that open data could help unlock $3-5 trillion in cost savings across sectors such as education, transportation, health care, and consumer finance.

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