Tag Archive for: data

Unfolding Data Stories with Cogni.zone

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Transforming Data for Better Insights

Cognizone, a semantic technology consulting firm based in Brussels, has spent the last decade transforming complex data into clear, interconnected systems and graphs. Their work allows organizations to maximise the data potential through their better understanding, connecting, and utilisation. As a data-startup innovating with Greek tax authorities they are leveraging semantic technology to streamline public sector processes.

At Stone Soup, we had the pleasure of catching up with Dimitrios Perperidis and the Greek team from Cognizone (CZ) to hear about their latest achievements since joining Stone Soup in 2023.

Data-Startup Innovating with Greek Tax Authorities

Cognizone marked its entry into Greece through a groundbreaking collaboration with the Independent Authority for Public Revenue (IAPR, or AADE). This project harnesses linked open data and semantic web technologies to create a state-of-the-art application ecosystem designed to support IAPR’s legislative and regulatory processes. The system revolutionizes navigation and understanding of Greece’s intricate fiscal and taxation legal framework, setting a new benchmark for clarity and efficiency in legal and regulatory management.

The team innovating with Greek Tax Authorities

Improving Workforce Mobility with the ESCO Classification

The company works with high-profile clients like the DG-Employment, ETF, European Parliament, EC Publications Office and the governments of Luxembourg and Switzerland. Another one of their important projects is the ESCO classification for the European Union’s DG Employment. This classification standardizes job roles and skills across EU member states, aiming to support greater job mobility across the continent. It’s an essential and innovative tool for harmonizing labour markets, making it easier for workers to move and for employers to find the talent they need.

A Startup That Cannot Fail

Dimitrios explained to us, “If we mess up the data, an entire mission critical platform or EU website could go down.” This highlights the level of responsibility and precision Cognizone delivers—ensuring that the data they manage is not just correct but flawlessly integrated into the larger ecosystem.

In fact, what Cognizone does is unique—not just in Greece but across Europe. There’s no other company in the EU quite like them, especially in the legislative sector where the stakes are so high.

Find out more about what they do here.

Residents at Stone Soup Comment on GDPR Compliance

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The General Data Protection Regulation (GDPR) aims to introduce a single legal framework applicable across all EU member state which would result in a more consistent set of data protection compliance obligations for businesses. Not only does GDPR concern businesses working with data within the EU, but also the non-EU companies. The GDPR has been passed keeping in mind the safety and security of the users’ personal data. Therefore, GDPR is focused on achieving a high degree of data security. Knowing that their data will be safe, the clients will put their trust in companies which would be beneficial as that would result in an increase in the companies’ customer base.

However, besides the advantages of a complete GDPR compliance, companies are facing a few problems in regard to full compliance. Too much regulation in terms of adding consent prompts for everything might reduce customer’s enjoyment of online services. Another common problem of GDPR compliance is the costs to be incurred in order to fully comply with the regulation since, not all companies can meet these costs. When asked about her opinions on complete GDPR compliance, Xanthippe Lemontzoglou, a data analyst working from Stone Soup feels that 90% compliance with the GDPR might be a better idea which would involve companies to do the best they can without trying to cover extreme possibilities, yet being aware of them. She feels that complete compliance might not be beneficial for either the companies or the users.

Other than its effects on the companies and the users, GDPR also has an impact on the designers as it will alter how the products are developed both in Europe where the law applies in every country, and in the United States, where many companies have European customers. Thus, this will partly reshape the work that the designers do. According to Dimitris Niavis, a designer currently residing at Stone Soup, designers are required to act on these changes almost immediately and that involves taking into account current and future User Experience. The information now needs to be more accessible and the users should have an option to easily opt out of the subscriptions.

Therefore, GDPR now requires companies to respect the users more than ever and this can be done by making some prominent changes at the company level which would involve training of the employees keeping in mind the new regulations, and also the user experience.

Although, there are many visible cons of the GDPR compliance regarding the costs incurred by the companies and ignorance on the user’s side, these problems are only temporary. The companies and the users need time to adapt to the new regulations and once that is in place, GDPR will prove to be effective in terms of the user experience and cybersecurity.

If you would like to read more, refer to the following websites:

https://www.fastcompany.com/90171699/what-is-gdpr-and-why-should-designers-care
https://www.endpointprotector.com/blog/gdpr-the-pros-and-the-cons/
https://www.cbsit.co.uk/2017/07/28/gdpr-risks-business/
https://www.welivesecurity.com/wp-content/uploads/2017/02/Is-GDPR-good-or-bad-news-for-business.pdf
https://www.tripwire.com/state-of-security/security-awareness/gdpr-the-good-the-bad-and-the-ugly/

 

Coming on September 21st: The Data Conference 2017

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Here is some info about the 6th Data Conference 2017 which will take place on September 21th at the amphitheater of Maroussi Plaza.

If you are a Data scientist or data analyst, a CIO and IT Director, Business Analyst and last but not least an Enterprise Architect or BI Developer, we think this conference might be interesting for you.

The conference focuses exclusively in data management to stress the important role of data in businesses that develop new technologies with AI and IoT. It deals also with the current issues on  Data Quality, Data Governance and Data Science Talent Acquisition.

The conference will try to answer questions like:

Which of data-based technologies will shape the future of business?

How methods of analyzing data will be evolved?

How does GDPR-regulatory compliance lead to better insights?

Is it better a new role in the business data ecosystem or a new work culture?

 

We got some Stone Soup coupons that will give you a reduced ticket price, let us know if you need one.

You can read more on the official website.