Open data as the name suggests, is data that is available openly for it’s general use, publicly. Users get a chance to study it & project different values associated with it.
As it is named OPEN DATA, this data can come from any source like individuals, companies or governments and is available with limited restrictions from copyright, patents or other mechanisms of control and that’s what make it special.
However, the extent to which information is truly open varies in 5 ways:
- Cost and rights for reuse
Open Data becomes much more helpful in certain cases where data is essentially required to open new gates for further digging into the specific area. Many individuals and organisations collect a broad range of different types of data in order to perform their tasks. Here are some of the fields where open data can be really helpful:
Open data, especially open government data, is a tremendous resource that is as yet largely untapped. These days, a lot of government data, which used to be confidential earlier has been made open for public use. Governments are particularly significant in this respect, both because of the quantity and centrality of the data it collects, but also because most of the government data is public data by law, and therefore could be made open and made available for others to use.
Why that would be interesting?
It is already possible to point to a large number of areas where open government data is creating value. Some of these areas include:
- Transparency and democratic control
- Improved or new private products and services
- Improved efficiency of government services
- Improved effectiveness of government services
- Impact measurement of policies
New knowledge from combined data sources and patterns in large data volume.This untapped potential can be unleashed if we turn public government data into open data. This will only happen, however, if it is really open, i.e. if there are no restrictions (legal, financial or technological) to its re-use by others. Every restriction will exclude people from re-using the public data, and make it harder to find valuable ways of doing that. For the potential to be realized, public data needs to be open data.
Scientists & Researchers gain more insights into the big government organizations which help them to study the stats & to be able to get more insights for past years to be more precise for future researches.
Greener & better informed
Open data helped a lot of organizations, position their products & services based on the data provided by various organizations and thus stepping into environment friendly technologies & supporting the “GO GREEN” concept.
Some of the industries that can make use of open data:
Oil & Gas Industry
- Measure carbon emissions to find out the solutions for a sustainable development
- Take into account the usage & variations in price of gasoline & diesel industry
- Monitoring petroleum mills & thereby, digging deeper to find the alternative (renewable) sources of energy
The chart below shows the amount of CO2 emissions in two years, country wise and thus helped to identify the geographical emissions of the resources:
Health and Pharmaceutical Industry
Open data plays a major role when it comes to health analytics. Previous available data has always helped scientists & researchers to keep an eye on the figures & thus motivating them to go deeper into the field for further analysis.
Some of the areas been helped by open data are:
- Invigilating epidemiology of a disease internationally
- Improving patient outcomes
- Virulence and strains of a disease most commonly found around the globe
- Mobility & mortality of a disease
- Enabling patients to make informed choices from among the healthcare options available to them
- Communicating with the fellow researchers based on the exact number
- Usage & potential scope of improvement in a particular pharmaceutical drug
- Fueling new healthcare companies and innovation.
- Disease outcome & it’s prevention.
Here’s an example of historical outbreaks, number of deaths caused by Ebola virus presented with the help of open data available at CDC (Centers of Disease Control & Prevention):
Open data in electronics & computer sciences:
Open data is viewed as a transformative force for change and a critical part of our future. Apps are the industry buzz words for monetized application development and open data is the new enabler for economic growth through use in such applications. Small, focused applications based upon one or more datasets, delivered in a streamlined and accessible way, are changing the lives of countless people around the world.
Apart from the never ending list , here are some of the areas where open data can help in electronics & computer science industry:
- Making data available to technicians and thus assisting with diagnostics
- Sharing data with other on-board equipment helps collectively accomplishing tasks that no single component could achieve individually
- Using open data communication protocols to ensure product interchangeability, system expansion & product availability
- Create frank & open forums to objectively address & communicate all aspects of the technology, related issues & experiences
Open data to Monitor Market size & Growth:
Open sources of data available from major companies, not as a part of their legal curriculum but also the best way to demonstrate their growth in the market, to be able to be foreseen by various share & stake holders. To be able to display an innovative & energetic image.
Below is an example of the world’s top 12 companies spending on advertising:
- Understanding and Applying Advanced On-board Bus Electronics