Open Data

"How Accessible Data is Transforming Construction, Work Models, Environmental Accountability, and Healthcare Innovations"

Published: 2024-07-15

In today’s fast-changing world, open data helps make things clear, efficient, and trustworthy in many areas. From managing buildings to protecting the environment and going digital, having easy-to-access and reliable data is very important. Here’s how open data affects different fields.

Asset Life Cycle Management (ALM) changes the construction industry by linking design, project delivery, and maintenance teams through digital workflows. This method ensures reliable data is available throughout an asset’s life, leading to lower costs and better efficiency. For example, a highway project in Minnesota and a Brazilian electric utility show ALM’s benefits, like better performance, safety, and following rules. Focusing on people, doing things in steps, and picking the right tools lead to longer-lasting, cost-effective assets.

A trial of a four-day work week by a UK local authority has shown good results. It improved staff retention and performance while keeping service levels the same. Supported by university research, the trial cut staff turnover by almost 40% and boosted efficiency. This idea could inspire similar changes in other places. Japan’s government has stopped using floppy disks, showing progress in digital transformation, and US intelligence analysts are trying out generative AI to improve decision-making. Using new technologies and work models is key for a better future.

In the UK, water companies are under pressure to share data on sewage discharges into waterways to rebuild public trust. The Information Commissioner’s Office stresses the need for transparency in releasing information on sewage outflows, as pollution concerns have hurt consumer confidence. Data shows a big increase in untreated sewage discharges, highlighting the need for openness. Publishing this data on time is crucial for regaining public support and ensuring environmental responsibility.

The Mad Max movie series, inspired by director George Miller’s experiences in rural Australia, shows the real dangers of road conditions in regional areas. Recent data shows a rise in road deaths, prompting calls for more transparency in accident investigations and road funding. Improving road safety is vital not only to save lives but also to support regional economies. Better infrastructure and data transparency are essential to prevent more tragedies on country roads.

The pandemic has posed challenges for study abroad programs, with fewer word-of-mouth recommendations affecting student recruitment. Although there has been a recovery in US students studying abroad, numbers are still below pre-pandemic levels. Institutions are adapting by boosting recruitment efforts and simplifying payment plans. Peer recommendations play a key role in encouraging students to study abroad. Some universities, like Denison, have seen a rise in applications by offering supportive programs and clear financial structures. However, traditional exchange programs still face access issues due to extra costs, leading some students to organize their own experiences as ‘free movers’.

Susquehanna Fundamental Investments LLC has greatly increased its holdings in Veeva Systems Inc., showing growing confidence in the company’s future. Veeva Systems, which provides cloud-based software for the life sciences industry, reported strong earnings, beating analysts' predictions. The company’s stock performance and insider activity suggest a positive outlook, with Wall Street analysts giving it a “Moderate Buy” rating. Veeva Systems' solutions are crucial for pharmaceutical and biotechnology companies, showing the importance of data-driven innovations in healthcare.

The 8th Annual ConV2X 2024 event will gather international experts to talk about innovations in patient care and enterprise solutions, focusing on platform, AI, and blockchain technology. Attendees will learn about transformative healthcare platforms, meet industry leaders, and explore the latest research. The event will feature top speakers, a scientific track on blockchain in healthcare, a startup pitch competition, and opportunities for founder/investor discussions. Key topics include healthcare transformation, patient health records, interoperability, and enterprise business models. Registration is open, and media outlets can attend for free.

As we navigate the complexities of modern life, open data remains a cornerstone for building a transparent, efficient, and trustworthy future. Whether through improving construction practices, enhancing work-life balance, ensuring environmental accountability, or driving healthcare innovations, the power of data is undeniable. By embracing open data practices, we can create a better world for ourselves and future generations.

https://www.forbes.com/sites/forbestechcouncil/2024/07/15/the-importance-of-connecting-construction-data-for-built-assets/

Related news on 2024-07-15

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• thepienews.com: Has Covid quashed study abroad recruitment in the US ?
• news.sky.com: Information Commissioner Office seeks proactive release of water company sewage data to improve industry trust
• globalgovernmentforum.com: Japanese government finally phases out floppy disks
• theguardian.com: Regional Australians are five times more likely to die in road accidents – so what are we doing about it ?
• wkrb13.com: Susquehanna Fundamental Investments LLC Buys 68 , 185 Shares of Veeva Systems Inc . ( NYSE : VEEV )
• forbes.com: The Importance Of Connecting Construction Data For Built Assets