Legislation can have far-reaching implications for businesses and individuals, examples which can be found numerous such as: increased taxes and duties, extended liability claims or the change in economic indices. However, a simple and transparent view and analysis of these aspects is hardly possible today, often requiring experts who are familiar with the subject matter. There are technical interfaces for a number of these aspects, which ministries make available online in the context of “open data” initiatives, almost always free of charge. However, the interfaces are often very complex and even if they are involved, it is often barely operable.
However, as the data is very relevant to decision-making, we are working on a solution to simplify access to these technocratic data as much as possible. Again, we use the possibility of graphic visualization. Graphical representations make it easier to understand the data and understand even complex aspects within the data.
One focal point is the graphic processing of “Open Government Data”, i.e. data provided by public ministries. This can be statistical data, such as that provided by the Federal Statistical Office in Germany (DeStatis) or the Statistical Office of the European Union (EuroStat). These provided data contains rudimentary information about the population, but also a range of economic data and indices. In addition to other information, this information can inform companies at an early stage about the economic changes so that they can react to them at an early stage. Over the past few years, we have dealt extensively with this topic and worked out solutions on how to analyze this public data quickly, easily and clearly, and how to support decisions. It plays only a minor role, whether this supports the politicians and authorities in the context of corporate governance or law making.
Another focus is access to envisaged laws, legislative changes or instructions on how to interpret them. Unfortunately, the access options are sometimes associated with high costs. It gets even more complicated if one has to evaluate the laws themselves, e.g. whether new product ideas e.g. in the field of renewable energies as intended, or may partially contradict the laws. Often enough, this is difficult to judge even for experienced lawyers. We have developed a series of solutions for this purpose, in order to be able to search and find the textual documents themselves, but also how to visualize legal documents and check them for contradictions with respect to new services and products. This can save companies unpleasant and costly legal conflicts.