TfL takes part in open data app challenge | IT PRO is another story of the power of open data in the public sector. Washington DC had success using a similar approach where they created an innovation “challenge” and saved their taxpayers nearly $2M in a single project (app design and app dev).
Any public organization would to well to understand whats needed to do similar activities on a recurring basis….applicability includes any government function, including helping with improved costing of private sector services based upon having better data to support cost reduction requests.
How about in the private sector? Having a good handle and process around their data should allow them to abstract away enough to allow them to perform similar challenges…that’s where MDM is key.