Well, my advice would be just look around. An increasingly large number of companies are making use of open data. A number of products and services around us are based on open data.
Ever since UK’s Open Data Institute came up in 2012, a large number of UK companies have turned towards open data for churning out their strategies and products. You can click here to read more about it.
Therefore, it’s difficult to pinpoint in the direction of any one source.
Instead, I will share a couple of examples of how businesses are making use of open data in business.
Take the case of an entrepreneurial venture like Magpie Supply. Magpie supply enabled state farmers to locate the under-utilized truck space to reduce the cost of transportation. They also provide a platform to access historic farmers’ market prices on a map. This helps agriculturalists to identify new markets for selling opportunities.
Similarly a company like Red Roof Inn is making creative use of open data regarding weather conditions to create value for its customers.
It processes the information about weather conditions, flight cancellations and customers’ locations and comes up with recommendations regarding last-minute hotel deals to stranded travelers.
It has developed an algorithm that takes into account travel conditions in order to work out details about availability of nearby hotels and rates. This helps the stranded travelers in a big way.