LOD2 Creating Knowledge out of Interlinked Data

The objective of this use case is to explore and demonstrate the application of linked data principles for procuring contracts in the public sector. As can be seen by the "Use of eProcurement services" indicator of the Digital agenda there is a large gap between advanced countries (e.g. Ireland 35%) and countries with low online participation of enterprises in public tenders (e.g. Czech Republic with only 10%). Consequently, the overall aim of the work package is to have a business impact and achieve an effective resource allocation through emulating the market process of meeting supply and demand operating in a linked data infrastructure. This distributed approach does not depend on the existence of one place where the commercial transaction happens, such as an e-shop or a dedicated application for tenders. Instead, the matchmaking of public sector demand with commercial suppliers, which enables to find a match and initiate a commercial transaction, operates on data from multiple sources distributed throughout the Web.