open data fuels innovation.
When data is openly accessible, it ignites creativity and inspires collaboration across disciplines. By championing open data, we aim to empower people and businesses to uncover new value from existing information. Open banking is a prime example: the free flow of financial data fuelled services like personalized budgeting tools and faster loan approvals. This drove competition, sparked innovative ideas, and led to a big win for consumers. An open, trustworthy, and accessible data ecosystem is the next step in our data economy — promising even greater progress and transformation.
Data accumulation is a top priority for companies, who often view data as raw material, capital, or even labour. Yet it’s people who generate this valuable resource — so it’s people who deserve the power to shape how their data is used. We call that agency: the power, autonomy, and authority to make decisions about personal data and act upon those decisions. Crucially, it also includes the right to benefit from, or “exploit,” the data they generate. We aim to put people — the rightful owners of their data — at the center.
Switching from a company-owned to a user-owned data economy requires significant change. The most effective way to drive that change is by building, and helping others to build data products that people genuinely adopt and rely on. Rather than building solutions we believe the ecosystem needs, we focus on crafting user-centric solutions that solve real problems and meaningfully enhance everyday life and work. By enabling more data products people love, we aim to pave the way for transformative impact toward a user-owned data ecosystem.