Black Box Data addiction will kill your business, warns new report

For the past 50 years, companies, regulators, investigators and journalists have mostly used ‘Black Box’ data - data that is opaque, not well defined, uses proprietary identifiers, and has poor data quality feedback loops. But continued reliance on this data could put a firm out of business within five years, according to a new report by OpenCorporates.

Fireflies and Algorithms: Reading List

Last week, OpenCorporates published Fireflies and Algorithms: The Coming Explosion of Companies. We initially had some qualms about writing the piece. Would it accelerate a move towards a future where companies  can come into existence for brief periods of time, like fireflies in the night, and then disappear? In the end we saw enough pointers … Continue reading Fireflies and Algorithms: Reading List

The Investigator’s Handbook: A Guide to Using OpenCorporates

This guide is dedicated to the investigative journalist Daphne Caruana Galizia, who was murdered near her home in Malta on the 16th of October 2017, following a series of stories she did around the Panama Papers. Daphne fought tirelessly against corruption, and her contributions will be sorely missed.  We’d like to take this as opportunity to send our thoughts to the Caruana Galizia family, and assert our support for investigative journalists around the world.

Reading List: Impact of Open Company Data

As Becky Hogge notes in her important report on the impact of open data, tracking impact is tricky. By its nature, open data is resistant to traditional impact reporting; in part because we don't know exactly how it is being used, and in part because the value chain is so diffuse. So, Hogge argues, outside of sweeping statements about potential, at this stage impact is largely indicated by “fragments” of stories from the ground.