ODI Consultant in Ahmedabad

Best ODI Consultant in Ahmedabad

The possibilities
Using data sharing from the private sector to address issues in a variety of industries, regions, and subject areas is a fantastic opportunity. In order to solve problems and opportunities, more open data and data sharing is required, particularly among rivals and across industries. Currently, these initiatives are restricted in breadth and impact. Best ODI Consultant in Ahmedabad and Gujarat by Mehul Thakkar and Associates.

Businesses are excellent at creating crucial nodes of a data ecosystem, such as platforms and portals that offer users access to data and information, and they own a wealth of useful data. They lack the independence, meanwhile, to create system-level data infrastructure, such as APIs, data standards, and data access and protection regulations, or to long-term govern organizations that can bring together whole sectors and ecosystems.

We may observe several glaring examples by examining the banking, energy, and water sectors:

Best ODI Consultant in Ahmedabad and Gujarat by Mehul Thakkar and Associates. Banks provide open data APIs for branch and ATM locations, service metrics, and product details; nevertheless, the industry has seen a significant transformation due to the safe and secure facilitation of consumer data exchange provided by the open banking ecosystem and standards.
Open data portals for energy networks exist, and they range in size and quality, but they all provide important information about the structure and use of these networks. Greater search ability is being made possible by initiatives like Open Net Zero, which are opening up more advantages for open data aggregation and sensitive data sharing.

Over the past year, water businesses have started to take a more serious approach to open data. Initiatives like as Stream are facilitating data sharing that boosts value and lowers risk compared to going it alone, which is helping to advance the industry as a whole.

With ESG (environmental, social, and corporate governance) and net zero initiatives heavily reliant on data flows to ensure success, the world of sustainability may present the greatest challenges as well as opportunities for this kind of collaborative building and maintaining of open data infrastructure.

Despite coming from varied backgrounds and professions, every participant was involved in some capacity in the net zero and ESG ecosystems and frequently worked in teams. These initiatives included opening up smart meter data, facilitating the connection of small enterprises with financial institutions to expand access to green finance, and enhancing the monitoring and assessment of industry and government ESG commitments through the use of open standards and open data.