Open Data
Innovation Alphabet
Open Data
In a nutshell
There is nothing to hide. To ensure transparency and quality of information, the citizens of a country must have free access to relevant information on the functioning of the Public Administration, released in the form of open data. That is, data that can be freely used, modified, and shared by anyone and for any purpose, to foster public control over administrative performance.
Application Fields
• Public Administration: The area on which the interest in the Open Data initiative relies is that of public administration, as it relates to taxes paid by taxpayers: data related to the budget reporting of one’s municipality or those concerning traffic, pollution and education represent a resource that every citizen has the right to access. The dissemination of information is capable of opening up new scenarios and could result in more efficient service delivery.
• Transportation: Open data is an important tool serving the community to optimize transportation and mobility in city environments. Meaningful data concerns the demand for public transportation, the supply of services, and the production characteristics of those services. They can cover the scheduled timetable and its temporary changes, human and material endowments, attendance surveys, and economic-management databases of companies.
• Meteorology: Weather data can be accessed through open and free platforms to inform citizens about a range of quantities of common interest. This includes water level, precipitation, temperature, humidity, wind speed and direction, and so forth.
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Industries
• Open data in the transportation industry
The Italian Ministry of Infrastructure and Transport has activated OpenCantieri. It is a platform that brings together data on the progress of public works (roads, railways, subways, etc.). Thus, it is possible to learn about “priority” interventions currently underway, interventions on roads and highways, and open construction sites in port and airport areas. The government wanted to lay the groundwork for an inclusive policy that encourages civic control and direct collaboration in the administrative life of the Ministry itself.
• Open data in the cultural industry
Ireland’s national open data portal provides access to over 10,000 government datasets. Since 2019, health-related open datasets have been of particular interest, including, most notably, information related to coronavirus outbreaks. The pandemic has led to a marked increase in the number of views and downloads of data provided by hospitals, pharmacies, and nursing homes.
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Check out more of the Innovation Alphabet:
Gamification
Gamification
Gamification is actually adding a game-like element to make more fun and engaging something that’s not necessarily a game. It’s all about turning a task that might be boring or difficult into a more enjoyable and motivating activity. You can also earn points, badges, and rewards for completing certain actions or challenges. Are you ready to play?
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Business Intelligence
Business Intelligence
A smart business means efficiency: Business Intelligence represents the ability to collect up-to-date data, present it in easy-to-understand formats, and deliver it in a timely manner to employees. Making data-driven decision-making and management processes leads to competitive advantage, reduces inefficiencies, and improves productivity and service at all levels.
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Artificial Scarcity
Artificial Scarcity
We often tend to desire what we cannot have. Or what we are in danger of losing: Artificial Scarcity is a strategy that flaunts a limited number of items that do not correspond to actual availability. The goal is to stimulate the perception in consumers that the stock of items is about to run out and thus create a need based on the “fear of being cut off” or the intention to buy the item in order to resell it at a higher price.
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Subscription Model
Subscription Model
A subscription model is a business tool that generates revenue by charging customers a fee at regular intervals. The company provides products or services to subscribers on a subscription basis, usually monthly or annually. In this way, loyalty has become more important than acquiring new users.
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Holacracy & Flat Organization
Holacracy & Flat Organization
A “flat organization” breaks down the traditional hierarchy and removes its negative connotation, while “holacracy” is the business tool that facilitates its formation. Flat organizations place more emphasis on communication and collaboration, aspiring to a distributed decision-making process that gives each employee a voice. But this is a model that is difficult to implement.
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Mass Customization
Mass Customization
Mass customization is an initiative adopted by companies to embrace the increasingly diversified needs of customers. By offering customizable products and services, consumers feel engaged and can bring their creativity into play. Brands gain from this a boost in perceived value and the opportunity to fuel a positive word-of-mouth marketing.
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Coopetition
Coopetition
If you can’t beat them, join them. Coopetition is a business strategy that defines cooperative and competitive relationships between competing companies in the same young or high-growth market. The goal is to travel a stretch of road together to lower initial research and development costs. Once the desired results are achieved, the companies will return to being enemies as before.
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MVP
MVP
To the disappointment of all sports fans, this is not an article about Michael Jordan. In the language of business, MVP stands for Minimum Viable Product and indicates the version of a new product that has enough features to attract customers. In this way, a team can gather the most feedback with the least effort, improve the prototype, and validate its sale.
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Agile
Agile
Agile is an approach to software development designed to respond to change. Teams quickly analyze the context in which they operate, identify uncertainties faced, and figure out how to adapt to always move forward. Interaction between individuals comes before processes and tools; collaboration with the customer is more important than negotiating contracts.
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Bounded Rationality
Bounded Rationality
The best solutions always come to mind when it is too late. This is because human beings tend to make decisions on the basis of satisfaction rather than optimization. Bounded Rationality means that we are unable to think clearly and linearly, we proceed by trial and error and forget all the possible variables that affect the process. But we are also flawed.
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