Nowadays there is a lot of freely accessible data available online. This data is made available by different parties, such as public sectors, private companies, different organizations and institutes, single individuals and the different forms of social media. As the amount of data is enormous, the term ‘big data’ becomes apparent, meaning a massive volume of structured and/or unstructured data being too difficult to process using traditional database and software techniques. Benefits of open data[1]have already been discovered widely around the world. Several public sectors and even private companies have been interested in opening their data,as data exploitation has been recognized to include several benefits for businesses [2]. Recently, also social media data, such as data from Twitter and Facebook, has increasingly interested companies in their business decision making, as these free-formed discussions can provide insight into consumers’ opinions,preferences and requirements considering the company or its products/services [3]–[5]. Big Data Initiatives already exist, spreading out in all directions and comprising various themes, tending to end up in innovative economic development. For example, there are political initiatives, like Big Data – Big Deal,1 promoted by the Whitehouse.