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How open data is transforming the business landscape

Information Age - Despite pledges by the G7 and G20 to boost transparency by opening up government data, fewer than 8% of countries publish data sets in open formats and under open licences on public sector budgets, spending and contracts.

Realisations about the potential of open data have grown steadily in recent years as successful examples of its use have emerged. The internet and other technological developments have led to an explosion in the amount of data collected – the case for open data is to make it publicly available for anyone to use to create social, environmental and economical impact.