Your time is Your Life-Your Life is Your Wealth

Gigaom

With the amount of data we are generating, we should be thinking about information overload. What will it look like when we have 50 billion devices connected to the Internet and contributing to an already large the data set? Will we eventually be able to extract any useful information?

If big data is on course to transform business and society, then open data has a role to play to make sure information is accessible and shared. And as we make data open we also need to consider adding context.

Open data: evolution of hype

In addition to all of the technology advancements, our world is living another revolution where citizens are claiming more transparency — including over data. There is a growing interest in open data and content. The idea is not new: its definition according to opendefinition.org states that “a piece of data is open if anyone is free…

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