The advantages of linked open data for companies

Introduction to Linked Open Data

Linked Open Data (LOD) is a method of data publication that aims to make data as accessible and linkable as possible. By using standards such as RDF (Resource Description Framework) and URIs (Uniform Resource Identifiers), LOD enables efficient networking and integration of data across system and organizational boundaries.

Reducing integration effort

Simplifying data integration

A key advantage of LOD in the corporate context is the significant reduction in data integration effort. Traditional data integration processes often require complex N:M data conversions between different formats and systems. LOD, on the other hand, promotes 1:N integration, where all systems export and import data in a standardized format. This eliminates the need for multiple individual converters or extensive ETL (Extract, Transform, Load) processes, resulting in a significant increase in efficiency.

Using URLs for data integration

By using unique URLs as identifiers, LOD enables end-to-end data integration across different applications and platforms. These URLs serve as constant reference points for specific data objects, which simplifies data management within an organization and between different business units.

Improving inter-company communication

Communication in supply chains

LOD offers significant advantages in communication with partner companies, especially in service and production chains. As an open standard, LOD facilitates the exchange of machine-readable data between different companies, which optimizes collaboration and data management along the entire chain.

Decentralized identification management

With LOD, each company can manage its own identifiers, enabling decentralized yet seamlessly integrated data management. This type of identification facilitates the unique and comprehensive identification of products, people and processes across different procedures and organizations.

Integration of public and license-free data

Use of public data sets

LOD also facilitates the integration of publicly accessible data into a company's own systems. For example, weather data, satellite data from the Copernicus service and other high-quality data sets can be easily integrated into internal company processes in accordance with the EU's Open Data Directive.

Increasing value by combining data

By combining their own data with publicly available information, companies can increase the value of their databases. This leads to the identification of new business opportunities and the development of new business models by gaining additional data contexts and insights.

Conclusion

Linked Open Data is not just a technological innovation, but a strategic tool that enables companies to simplify their data integration, improve communication with business partners and increase the value of their data by integrating public information sources. In an increasingly connected and data-driven world, LOD offers a robust solution to the challenges of data management and use.

 

We use cookies on our website to support technical features that enhance your user experience.

Es werden keine Dienste zur Analyse Ihres Verhaltens genutzt, wir tracken sie nicht.