All in Open Data

Getting Real About “Open Data” Part II

When it comes to the “open” data associated with the program, some users will want raw data to do their own thing, some will be satisfied with self-service tools that allow them to interact with the data in various structured or defined ways, and others will be more comfortable relying on the services of intermediaries that understand the data, the tools, and are qualified to interpret the information requirements of those they serve.

Data Standardization Scores and Changing the DATA Act

The basic ideas behind the DATA Act’s focus on financial data standardization makes such eminently good sense that efforts to weaken such standardization should be carefully and openly assessed. Fundamentally, data standardization if managed well can reduce costs, improve data manageability, reduce errors, and improve communication. Implementing data standards can also improve how date transparency efforts are supported as long as the people who operate the underlying systems want to be more transparent.

How Important Is ‘Total Cost of Standardization’ to the DATA Act?

Last week I attended a meeting in DC sponsored by the Data Transparency Coalition, PwC, and Intel. Representatives of the Federal agencies likely to manage implementation of the evolving DATA Act presented their thoughts on implementing the Act’s requirements for standardizing and reporting on Federal financial data.