Nonetheless, it is worth noting that missing records for a certain time frame may occur should the data collection not take place within the timeframe.
Therefore, it is important to check the condition of the dataset before usage.
So, from Open Data?
Open Data has significant economic value which portugal rcs data includes opportunities for spurring development of new products and services, increasing organisational efficiency and generating benefits to the consumer– cost savings, convenience, better products.
It aids in building up the organisation’s data impact initiatives by creating a more transparent and versatile platform – enabling creativity and experimentation opportunities. In addition, it will also aid the organisation in population segmentation, thus, customising and supporting decision-making.
It creates diverse business opportunities, such as improving new products and services, raising the organisation’s productivity, and enabling entirely novel lines of business.
It also provides benefits to consumers by creating product and pricing transparency. In addition, it allows a new medium for the consumers to provide feedback for enhancing and improving the quality of services and goods.
The benefit of Open Data can be further enhanced if the Open Data sharing platform and mindset is advocated by private industry along with public agencies – cultivating a vibrant open data ecosystem.
As the digital landscape moves towards an interconnected sub-system of smart cities, an open network will be needed.