This document discusses open data and its benefits. It defines open data as data that can be freely used, reused and redistributed by anyone for any purpose. The document notes that economic analyses have found open data can increase EU business activity by up to €40 billion per year and provide a 500% return on investment. Examples are given of how open data has improved public services and government accountability. Some challenges to open data are also outlined, such as data quality issues, technical difficulties in sharing data across organizations, and privacy concerns.