social tv

88

Upload: emilio-savelle

Post on 15-Sep-2015

213 views

Category:

Documents


0 download

DESCRIPTION

Social Tv

TRANSCRIPT

  • $ WXWWL TXHOOL FKH KDQQR FUHGXWR LQ 7KH )RRO

  • QGLFH

    3HUFK TXHVWR OLEUR

    /LPSRUWDQ]D GHL GDWL H OH PHWULFKH

    &RPH YHQJRQR VHOH]LRQDWL L GDWL /2UL]]RQWH GHOO$QDOLVL /,QWHUYDOOR 7HPSRUDOH SUHVR LQ HVDPH /H 3DUROH &KLDYH GHOO$QDOLVL *OL DPELWL OLQJXLVWLFL H WHUULWRULDOL SUHVL

    LQ HVDPH /D VHFRQGD DQDOLVL GL LQWHJUD]LRQH /HOLPLQD]LRQH GHL FRQWHQXWL QRQ ULOHYDQWL

    'D GRYH SURYHQJRQR L GDWL 3URYLGHU GLUHWWR FRQ DFFHVVR DOOD EDVH

    GDWL VWRULFD 3URYLGHU GLUHWWR VHQ]D DFFHVVR DOOD EDVH

    GDWL VWRULFD

  • ,1',&(

    3URYLGHU LQGLUHWWR FRQ DFFHVVR DO GDWRVWRULFR

    3URYLGHU LQGLUHWWR VHQ]D DFFHVVR DO GDWRVWRULFR

    3URYLGHU GLUHWWR D EHVWHIIRUW

    &RPH YHQJRQR PLVXUDWH OH SHUIRUPDQFH

    4XDOL WLSRORJLH GL PHWULFKH"

    8QD SDQRUDPLFD GHOOH 0HWULFKH ,O QXPHUR GL 7ZHHW ,O QXPHUR GL )DQ GL XQD )DQ3DJH ,O QXPHUR GL 8WHQWL 8QLFL ,O QXPHUR GL 8WHQWL $WWLYL3DVVLYL /$FFHOHUD]LRQH R FRQWHQWVSHUWLPH /H ,PSUHVVLRQ HG LO 5HDFK GL )DFHERRN /H ,PSUHVVLRQ GL 7ZLWWHU /D 8QLTXH $XGLHQFH GL 7ZLWWHU R 7UXH

    5HDFK /LNH )DYRXULWH H $SSODXVH 0HWULFV 5HWZHHW 6KDUH H $PSOLILFDWLRQ 0HWULFV /D 7RWDO $XGLHQFH /H SULQFLSDOL 3DUROH &KLDYH *OL XWHQWL SL $WWLYL *OL XWHQWL SL 3RSRODUL

  • ,1',&(

    *OL XWHQWL FRQ SL ,PSUHVVLRQ *OL XWHQWL FRQ SL )ROORZHU *OL XWHQWL FRQ PDJJLRUH 6FRUH GL ,QIOXHQ]D ,O SDUDJRQH DXGLHQFH WUDGL]LRQDOH H VRFLDO

    5LQJUD]LDPHQWL

    /$XWRUH

    7KH )RRO VUO &KDQJHORJ

  • 3HUFK TXHVWR OLEUR4XDOVLDVL VFLRFFR SX IDUH TXDOFRVD GL FRPSOHVVR FL YXROH XQ JHQLR SHU IDUH TXDOFRVD GL VHPSOLFH3HWH 6HHJHU

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

  • 3HUFK TXHVWR OLEUR

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

  • 3HUFK TXHVWR OLEUR

    ULIOHVVLRQH H SHUFKH QR GL GLVFXVVLRQH VXOORVWDWR GHOODUWH GHO VHWWRUH IUXWWR GHOOHVSHULHQ]DPDWXUDWD LQ TXDWWUR DQQL GL ODYRUL VXOOD6RFLDO 79 FRQ 7KH )RRO OD 'LJLWDO 5HSXWDWLRQ &RPSDQ\ FKH KR IRQGDWR H FKH DQFKHGL TXHVWR VL RFFXSD JLRUQR SHU JLRUQR 1RQJL IRUVH XQ FRPSHQGLR GL EHVW SUDFWLFHTXDQWR LQYHFH XQ FDWDORJR GHOOH SUREOHPDWLFKH H GHOOH VROX]LRQL FKH QHJOL DQQL VRQRVWDWH DGRWWDWH H GHILQLWH SHU FHUFDUH GL GDUHDO PHUFDWR L PLJOLRUL GDWL SRVVLELOL0DWWHR *3 )ORUD #ODVWNQLJKW

  •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

  • /LPSRUWDQ]D GHL GDWL H OH PHWULFKH

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

    LQ &RPH YHQJRQR VHOH]LRQDWL L GDWL"YHGUHPR FRPH SRVVRQR YDULDUH OH ORJLFKH GL DQDOLVL GHOOH IRQWL H OD VFHOWDGHOORUL]]RQWH GHL GDWL GD SUHQGHUH LQFRQVLGHUD]LRQH

    LQ'D GRYH SURYHQJRQR L GDWL" DQDOL]]HUHPR OH GLIIHUHQWL IRQWL GDWL GLVSRQLELOL H OH SHFXOLDULW GL FLDVFXQD GL TXHVWH

  • /LPSRUWDQ]D GHL GDWL H OH PHWULFKH

    ,Q &RPH YHQJRQRPLVXUDWH OH SHUIRUPDQFH" DQDOL]]HUHPR LQYHFH OH GLYHUVHPLVXUH FKH YHQJRQR SURSRVWH FRQVLGHUDQGR OH SHFXOLDULW GL FLDVFXQD

    ,Q 4XDOL WLSRORJLH GL PHWULFKH" DQDOL]]HUHPR LQILQH OH PDFUR WLSRORJLH GLPHWULFKH FKH SRVVLDPR XWLOL]]DUH

  • &RPH YHQJRQRVHOH]LRQDWL L GDWL1HOOD SUDWLFD GL DQDOLVL GHL FRQWHQXWL VXL 6RFLDO 0HGLD LO SURFHVVR GL SHU VH FRPSOHVVRVL SX ULDVVXPHUH LQPRGR VLQWHWLFR LQ TXHVWDVXFFHVVLRQH GL RSHUD]LRQL

    VL RVVHUYD XQ IOXVVR GL GDWL SHU XQ FHUWR SHULRGR GL WHPSR DG HVHPSLR 7ZLWWHU GD RUH SULPD D RUH GRSR XQSURJUDPPD

    VL FRQWUROOD OD SUHVHQ]D GL DOFXQH SDUROHFKLDYH FKH DEELDPR LGHQWLILFDWR FRPHULOHYDQWL ULVSHWWR DO IHQRPHQR FKH YRJOLDPR PRQLWRUDUH DG HVHPSLR JOL KDVKWDJ XIILFLDOL H L QRPL GHL SUHVHQWDWRUL

    VL UHFXSHUDQR L FRQWHQXWL H OL VL GHSXUDGHOOR VSRUFR HYHQWXDOPHQWH ULOHYDWR

    2JQL YDULD]LRQHPDUJLQDOH LQ FLDVFXQDGL TXHVWH IDVL SX LQIOXHQ]DUH LQ PRGR DQFKH VR

  • &RPH YHQJRQR VHOH]LRQDWL L GDWL

    VWDQ]LDOH L ULVXOWDWL GHOODQDOLVL TXLQGL LQGLVSHQVDELOH FRPSUHQGHUH RJQL VLQJROD FRPSRQHQWH LQ PRGRPROWR PROWR DSSURIRQGLWR

  • &RPH YHQJRQR VHOH]LRQDWL L GDWL

    /2UL]]RQWH GHOO$QDOLVL

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{( OD FRVD QRQ VL IHUPD TXL DQFKH VH GLFLDPR TXDOL VRQR OH IRQWL QHFHVVDULR VSHFLILFDUH DWWHQWDPHQWH FRVD YLHQH SUHVR LQ HVDPH DG HVHPSLR VGH DQDOL]]LDPR )DFHERRN

    {6HPEUD FKH DQFKH $G:HHN VLD GDFFRUGR FRQ PHQHO ULWHQHUH TXHVWR DSSURFFLR HVWUHPDPHQWH OLPLWDWLYRKWWSZZZDGZHHNFRPORVWUHPRWHWKDQNVQLHOVHQIRUWKDWWZLWWHUVWXG\EXWLWVWLPHZHWRWDOLWXSZLWK\RX

  • &RPH YHQJRQR VHOH]LRQDWL L GDWL

    TXHOOH FKH FRQWHJJLDPR VRQR OH PHQ]LRQL DGHVHPSLR GHJOL +DVK7DJ GD SDUWH GL WXWWL JOLXWHQWL R VWLDPR VHPSOLFHPHQWH FDOFRODQGR LOQXPHUR GLPHVVDJJL H FRPPHQWL FKH YHQJRQRVFULWWL LQ XQ DUFR GL WHPSR GHOOD WUDVPLVVLRQHGD TXDOXQTXH XWHQWH VXOOD SDJLQD GHO SURJUDPPD" 2YYLDPHQWH L GXH GDWL SRWUHEEHURYDULDUH DQFKH VLJQLILFDWLYDPHQWH

    4XLQGL SHU SDUDJRQDUH GXHDQDOLVL FRQWUROOD DWWHQWDPHQWHTXDOL VRQR OH IRQWL FKH SUHQGRQR LQ HVDPH HG LQ FKH HVWHQVLRQH

  • &RPH YHQJRQR VHOH]LRQDWL L GDWL

    /QWHUYDOOR 7HPSRUDOH SUHVRLQ HVDPH

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

  • &RPH YHQJRQR VHOH]LRQDWL L GDWL

    WXWWR LO JLRUQR D YHQLUH VH OD SXQWDWD DIIURQWDWHPL SDUWLFRODUPHQWH FRQWURYHUVL/D VFHOWD GL DPSOLDUH R ULGXUUH ODUFR WHPSRUDOH GL DQDOLVL QRQ VROR FRQVHQWH GL DQDOL]]DUHQXPHUL SL JUDQGL R SL SLFFROL PD VSHVVRVL ULYHOD HVVHUH OXQLFD PDQLHUD SRVVLELOH SHUGHWHUPLQDUH IHGHOPHQWH OHQWLW GL XQ IHQRPHQR SUHVR LQ HVDPH /D UHJROD DSSOLFDWDQHO QRVWUR FRQWHVWR D]LHQGDOH VDOYR FKH LOFOLHQWH FL FKLHGD DOWULPHQWL TXHOOD GL DWWHQGHUH OD FKLQD GHOOH ULVXOWDQ]H ILQR DG XQ OLYHOOR GL UXPRUH GL IRQGR FKH FL SRUWD DG HVVHUHUDJLRQHYROPHQWH VLFXUL GL DYHU UHFXSHUDWR ODEXRQD SDUWH GHO IHQRPHQR

    4XLQGL SHU SDUDJRQDUH GXHDQDOLVL FRQWUROOD DWWHQWDPHQWHTXDOH DPELWR WHPSRUDOH SUHQGH LQ DQDOLVL

  • &RPH YHQJRQR VHOH]LRQDWL L GDWL

    /H 3DUROH &KLDYH GHOO$QDOLVL

    4XDVL TXDOXQTXH DQDOLVL VXL 6RFLDO0HGLD VLEDVD VXOOD ULOHYD]LRQH GHOOD SUHVHQ]D GL WDOXQL WHUPLQL FKH SRVVLDPR DVVRFLDUH DO SURJUDPPD H FKH TXLQGL FL UHQGRQR UDJLRQHYROPHQWH VLFXUL FKH SURSULR GL TXHOODUJRPHQWRVL VWLD SDUODQGR 4XDVL PDL VL WUDWWD GHO VROR KDVKWDJ GL ULIHULPHQWR SRLFK QRQ WXWWLJOL XWHQWL XVDQR OKDVKWDJ FKH SURSRQLDPRPD VSHVVR OL VWUDYROJRQR FUHDQR DEEUHYLDQRPRGLILFDQR DG HVHPSLR JUDQGHIUDWHOOR RJUDQGHIUDWHOOR R JI R JI H WDORUD QRQ OLFLWDQR DIIDWWR SXU SDUODQGR GHOOD WUDVPLVVLRQH $ YROWH FLWDQR ODFFRXQW XIILFLDOH D YROWHQRQ OR IDQQR $ YROWH VFULYRQR FRQ L QRPL GHLSHUVRQDJJL D YROWH FRQ QRPLJQROL VWRUSLDWLD YROWH FLWDQR XQR GHJOL DWWRUL D YROWH DQFRUD XQD FHUWD VLWXD]LRQH HV WXJXULR VHQ]DDJJLXQJHUH DOWUD FRQQRWD]LRQH DOOD WUDVPLVVLRQH 2YYLDPHQWH LQ WXWWL TXHVWL FDVL VWDQQR SDUODQGR GHO SURJUDPPD HG QHFHVVDULRFKH XQD EXRQD DQDOLVL FRQWHJJL WXWWR TXHVWRFKLDFFKLHULR RQOLQH D SUHVFLQGHUH GDO IDWWR VHXVL R PHQR OH FKLDYL FKH DEELDPR SURSRVWRSHU LQWDYRODUH OD GLVFXVVLRQH

  • &RPH YHQJRQR VHOH]LRQDWL L GDWL

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

  • &RPH YHQJRQR VHOH]LRQDWL L GDWL

    WHQHQWL LO VROR KDVKWDJ DG HVHPSLR FHUFDQGRFRQ VWUXPHQWL FRPH 7RSV\ H QHO FRQWHPSRFRPH VLD LPSRVVLELOHPHWWHUH D FRQIURQWR GXHGLYHUVH DQDOLVL VH QRQ VL KDQQR LQ PDQR OHPHGHVLPH SDUROH FKLDYH 2OWUHWXWWR DQFKHDEEDVWDQ]D SDOHVH FRPH OXQLFD UHDOW FKHYHUDPHQWH FRQRVFH D SULRUL JOL DUJRPHQWL FKHYHUUDQQR WUDWWDWL OHPLWWHQWH WHOHYLVLYD R DOPDVVLPR LO SURGXWWRUH H FKH TXLQGL OD FRRSHUD]LRQH FRQ TXHVWD ULVXOWD QHFHVVDULD SHURWWHQHUH XQ GDWR DIILGDELOH

    4XLQGL SHU PHWWHUH D FRQIURQWR GXH DQDOLVL FRQWUROOD DWWHQWDPHQWH OH SDUROH FKLDYH FKHVRQR VWDWH XVDWH R SHU OR PHQRJOL DPELWL GL ULFHUFD VROR KDVKWDJ R KDVKWDJ H SHUVRQDJJLHWF

  • &RPH YHQJRQR VHOH]LRQDWL L GDWL

    *OL DPELWL OLQJXLVWLFL HWHUULWRULDOL SUHVL LQ HVDPH

    8Q DOWUR IDWWRUH SHFXOLDUH GD SUHQGHUH LQ FRQVLGHUD]LRQH QHOOD QRVWUD LQGDJLQH OD DPSLH]]D WHUULWRULDOH GHILQLWD VX EDVH JHRJUDILFDHR OLQJXLVWLFD GHOODQDOLVL FKH VWLDPR HIIHWWXDQGR LO FXL UDJJLR GD]LRQH SRUWD LQHYLWDELOPHQWH D ULVXOWDWL PROWR GLIIHUHQWL $QFKHVH GL SULPR DFFKLWR SRWUHEEH VHPEUDUH FKHOD VROX]LRQH VLD VHPSOLFH 6RFLDO79 LWDOLDQDTXLQGL FHUFR LQ ,WDOLD LQ ,WDOLDQR QHOOD SUDWLFDGL WXWWL L JLRUQL SRWUHEEH QRQ HVVHUH FRV4XHVWR SHUFK PROWLVVLPL XWHQWL VRQR DQFRUD LGHQWLILFDWL VRSUDWWXWWR VH 7ZLWWDWRUL GHOOD SULPD RUD FRPH LQJOHVL PH FRPSUHVRR SHUFK VHPSOLFHPHQWH QRQ KDQQR GLFKLDUDWR FRUUHWWDPHQWH OD OLQJXD R DQFRUD QRQKDQQR GLFKLDUDWR ODSSDUWHQHQ]D JHRJUDILFDR DQFRUD SHUFK VRQR LQ LWDOLD H GLVFXWRQR GHOSURJUDPPD DQFKH VH QRQ VRQR RULJLQDUL GHOSDHVH/LPLWDUH TXLQGL JHRJUDILFDPHQWH XQD ULFHUFDSX HVVHUH IRUWHPHQWH FRQWURSURGXFHQWH HSX DUULYDUH DG HVVHUH HVWUHPDPHQWH OLPLWDWLYD VRWWRVWLPDQGR DQFKH JUDQGHPHQWH L

  • &RPH YHQJRQR VHOH]LRQDWL L GDWL

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

  • &RPH YHQJRQR VHOH]LRQDWL L GDWL

    LQ RQGD FRQWHPSRUDQHDPHQWH LQ %UDVLOH H,WDOLD VHPSUH FRP PHGHVLPR KDVKWDJ *)

    4XLQGL SHU PHWWHUH D FRQIURQWR GXH DQDOLVL FRQWUROOD DWWHQWDPHQWH TXDOH FRPELQD]LRQHGL VWDWLOLQJXH VWDWD VFHOWD

  • &RPH YHQJRQR VHOH]LRQDWL L GDWL

    /D VHFRQGD DQDOLVL GLLQWHJUD]LRQH

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

  • &RPH YHQJRQR VHOH]LRQDWL L GDWL

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

  • &RPH YHQJRQR VHOH]LRQDWL L GDWL

    4XLQGL SHU PHWWHUH D FRQIURQWR GXH DQDOLVL FRQWUROOD DWWHQWDPHQWH FRPH YLHQH HIIHWWXDWDOD FHUQLWD GHOOH SDUROH FKLDYH HVH D SRVWHULRUL YLHQH HIIHWWXDWD XQD SRVWDQDOLVL ULOHYDQGR LGDWL SHUWLQHQWL HYHQWXDOPHQWHQRQ ULFRPSUHVL QHOOD SULPD

  • &RPH YHQJRQR VHOH]LRQDWL L GDWL

    /HOLPLQD]LRQH GHL FRQWHQXWLQRQ ULOHYDQWL

    8Q SDVVR LPSRUWDQWH ULVSHWWR DOOH DQDOLVL SRL TXHOOR GL HOLPLQDUH LO FRQWHQXWR VSXULRFKH SRWUHEEH HVVHUH HQWUDWR QHOODPELWR GLDQDOLVL 4XHVWR WLSR GL FRQWHQXWR ULHQWUD QRUPDOPHQWH LQ GXH GLIIHUHQWL WLSRORJLH VSDPH WDLOJDWLQJ GD XQ ODWR H FRQWHQXWL FODVVLILFDWLLQ PRGR QRQ FRUUHWWR GDOODOWUR,O FRQWHQXWR FODVVLILFDWR LQ PRGR QRQ FRUUHWWR IDFLOPHQWH LQWXLELOH FRPH VLD UDSSUHVHQWDWR GD TXHL FRQWHQXWL FKH VRQR HQWUDWL QHOODQDOLVL D VHJXLWR GHOOD VFHOWD GL SDUROH FKLDYH HUUDWH R GL XQ SHULPHWUR HUUDWR 3RVVRQR HVVHUH KDVKWDJ FKH QRQ FL HUDYDPR DFFRUWL HVVHUH XVDWL DOWURYH SHU DOWULVFRSL R LO SHUVRQDJJLR RPRQLPR GL XQD VWDUGHO VXGHVW DVLDWLFR R DQFRUD FRQWHQXWL SHUQXOOD DWWLQHQWL PD DYHQWL PHGHVLPL KDVKWDJSHU XQR VFKHU]R GHO GHVWLQR FL FDSLWDWRFRQ PDQLIHVWD]LRQL DYHQWL OR VWHVVR KDVKWDJGL XQ SURJUDPPD WHOHYLVLYR PD IDFHQWL FDSRDG XQ FRQJUHVVR GL RGRQWRLDWUL 4XHVWL FRQWHQXWL GHYRQR RYYLDPHQWH HVVHUH HVWURPHVVL

  • &RPH YHQJRQR VHOH]LRQDWL L GDWL

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

  • &RPH YHQJRQR VHOH]LRQDWL L GDWL

    JRULWPR LQ JUDGR GL EDWWHUH ODIILGDELOLW GLXQ DQDOLVWD XPDQR HG XQ VHUYL]LR GL DQDOLVLFRQGRWWR GD DQDOLVWL HVSHUWL GLPRVWUD DQFKHLQ TXHVWR DPELWR WXWWD OD SURSULD VXSHULRULW ULVSHWWR D TXDOXQTXH SURFHVVR PHUDPHQWHWHFQRORJLFR

    4XLQGL SHU PHWWHUH D FRQIURQWR GXH DQDOLVL FRQWUROOD DWWHQWDPHQWH FRPH YHQJRQR ULFRQRVFLXWL HG HYHQWXDOPHQWHHVWURPHVVL L IHQRPHQL GL VSDPH GL WDLOJDWLQJ R JOL HUURUL GLFODVVLILFD]LRQH

  •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

  • 'D GRYH SURYHQJRQR L GDWL

    UHDOH H VRSUDWWXWWR H SULQFLSDOPHQWH QHVVXQD JDUDQ]LD GDWD VXOOD FRPSOHWH]]D GHO GDWR FRPH DQFKH FRUUHWWR SHU XQ VHUYL]LR HURJDWR JUDWXLWDPHQWH , VHUYL]L D SDJDPHQWRGDOWUR FDQWR JDUDQWLVFRQR ODFFHVVR D YROWHDQFKH LQ GLIIHULWD DO GDWR FRQ XQD FHUWH]]DGL FRPSOHWH]]D RYYLDPHQWH D IURQWH GL XQHVERUVR HFRQRPLFR VSHVVR SURLELWLYR SHU OHVLQJROH UHDOW9ROHQGR ULDVVXPHUH SHU VRPPL FDSL OH GLIIHUHQWL WLSRORJLH GL FRQWHQXWL SRVVLELOH VXGGLYLGHUH LQ

    3URYLGHU GLUHWWR FRQ DFFHVVR DOOD EDVHGDWL VWRULFD

    3URYLGHU GLUHWWR VHQ]D DFFHVVR DOOD EDVHGDWL VWRULFD

    3URYLGHU LQGLUHWWR FRQ DFFHVVR DO GDWRVWRULFR

    3URYLGHU LQGLUHWWR VHQ]D DFFHVVR DO GDWRVWRULFR

    3URYLGHU GLUHWWR D EHVWHIIRUW

  • 'D GRYH SURYHQJRQR L GDWL

    3URYLGHU GLUHWWR FRQ DFFHVVRDOOD EDVH GDWL VWRULFD

    OD YHUVLRQH LQGXEELDPHQWH SL FRVWRVD GLUHFXSHUR GHL GDWL H RIIUH QRQ VROR ODFFHVVRFRPSOHWR DO ILUHKRVH FRV YHQJRQR FKLDPDWLL IOXVVL GDWL GHL VRFLDO QHWZRUN GHL GDWL SHUSRWHU PHWWHUH LQ WHPSR UHDOH LQ DVFROWR VXTXDOXQTXH FRPELQD]LRQH GL SDUROH FKLDYH LFRQWHQXWL SRVWDWL VXOOH SLDWWDIRUPH PD DQFKH OD SRVVLELOLW GL DFFHGHUH DO FRQWHQXWRVWRULFR D SRVWHULRUL SHU HVHJXLUH QXRYDPHQWHHYHQWXDOL DQDOLVL FKH VL ULWHQHVVHUR QHFHVVDULH DQFKH WUDVFRUVR OHYHQWR OD WLSRORJLD GLDFFHVVR XWLOL]]DWD LQ 7KH )RRO

    4XLQGL VH DYHUH XQ SDQRUDPD LO SL SRVVLELOH FRPSOHWRGHO GDWR XQD YRVWUD SULRULW H SHQVDWH FKH VLD QHFHVVDULRDYHUH OD SRVVLELOLW D SRVWHULRUL GL VYROJHUH DQDOLVL VX HYHQWLSDVVDWL TXHVWD OD WLSRORJLD GLGDWR GL FXL DYHWH QHFHVVLW

  • 'D GRYH SURYHQJRQR L GDWL

    3URYLGHU GLUHWWR VHQ]DDFFHVVR DOOD EDVH GDWL VWRULFD

    OD YHUVLRQH SL XWLOL]]DWD GD TXDVL WXWWL LVHUYL]L D SDJDPHQWR GLVSRQLELOL H FRQVHQWHSUHYLD FRUUHWWD LPSRVWD]LRQH GHOOH DQDOLVL LQSULPD EDWWXWD GL FDWDORJDUH L FRQWHQXWL WURYDWL LQ WHPSR UHDOH VXOOD EDVH GHOOH SDUROHFKLDYH LPSRVWDWH 7XWWDYLD QRQ SHUPHWWH LQDOFXQ PRGR GL FRUUHJJHUH D SRVWHULRUL OH DQDOLVL TXDORUD DOFXQH SDUROH FKLDYH QRQ IRVVHUR VWDWH LPSRVWDWH H QRQ FRQVHQWH DQDOLVL DSRVWHULRUL VX HYHQWL WUDVFRUVL

    4XLQGL VH DYHUH XQ SDQRUDPDLO SL SRVVLELOH FRPSOHWR GHOGDWR XQD YRVWUD SULRULW PDYL VXIILFLHQWH SUHLPSRVWDUHSDUROH FKLDYH SHU HYHQWL IXWXUL VHQ]D QHFHVVLW GL VYROJHUHDQDOLVL VX HYHQWL SDVVDWL TXHVWD OD WLSRORJLD GL GDWR FKHFHUFDWH

  • 'D GRYH SURYHQJRQR L GDWL

    3URYLGHU LQGLUHWWR FRQ DFFHVVRDO GDWR VWRULFR

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

    4XLQGL VH YL EDVWD DYHUH XQLGHD GL PDVVLPD GHO GDWR VLDLQ IXWXUR FKH HYHQWXDOPHQWHVX HYHQWL SDVVDWL H QRQ DYHWH QHFHVVLW GL GDWL FRPSOHWLDO TXHVWD OD PRGDOLWFRQVLJOLDWD

  • 'D GRYH SURYHQJRQR L GDWL

    3URYLGHU LQGLUHWWR VHQ]DDFFHVVR DO GDWR VWRULFR

    OD YHUVLRQH HFRQRPLFDPHQWH SL YDQWDJJLRVD ULVSHWWR DOOD SUHFHGHQWH VROX]LRQH H ODQRUPDOH IRUQLWXUD GHL SURGRWWL GL FRVWR PLQRUH PHQR GL HXUR PHVH FRQVHQWH ODQDOLVL VHQ]D DOFXQD JDUDQ]LD GL FRPSOHWH]]DGHO GDWR H VHQ]D DFFHVVR VWRULFR SHUPHWWHQGR GL ULOHYDUH FRQWHQXWL IDFHQWL FDSR DOOHSDUROH FKLDYH LQVHULWH GDO PRPHQWR GHO ORURLQVHULPHQWR LQ DYDQWL

    4XLQGL VH YL VXIILFLHQWH DYHUH XQGHD GL PDVVLPD GHO GDWRVHQ]D QHFHVVLW GL XQD FRSHUWXUD DO HQRQ DYHWH QHFHVVLW GL DFFHGHUH D HYHQWL SDVVDWL TXHVWD PRGDOLW OD SLYDQWDJJLRVD

  • 'D GRYH SURYHQJRQR L GDWL

    3URYLGHU GLUHWWR D EHVWHIIRUW

    OD YHUVLRQH SL XWLOL]]DWD SHU UDJLRQL HFRQRPLFKH SHU WHVW H SHU WXWWH TXHOOH UHDOWFKH QRQ QHFHVVLWDQR GL FRPSOHWH]]D GHO GDWR DQFKH OD YHUVLRQH GDWD D GLVSRVL]LRQH JUDWXLWDPHQWH GD 7ZLWWHU YLD $3, OLPLWDWD VRORGDOOD TXDQWLW GL FRQWHQXWR FKH SX HVVHUH ULQYHQXWR DWWUDYHUVR TXHVWD PHWRGRORJLDGRYH 7ZLWWHU VWHVVR QRQ UHVWLWXLVFH XQ YDORUHSUHFLVR PD VL OLPLWD D GLUH FKH VL WUDWWD GLXQ FDPSLRQH GHL GDWL 2YYLDPHQWH EDVDUHVX TXHVWD IRQWH GDWL OH DQDOLVL UDSSUHVHQWDXQLPSRVVLELOLW SUDWLFD

    4XLQGL VH YL VHUYH D PHUR VFRSR GL LQWUDWWHQLPHQWR R LQIRUPD]LRQH VRPPDULD VROWDQWR XQ FDPSLRQH GHOOH FRQYHUVD]LRQL VX XQ DUJRPHQWR TXHVWD VLFXUDPHQWH ORS]LRQH GDFRQWHPSODUH

  • &RPH YHQJRQRPLVXUDWH OHSHUIRUPDQFH$OWUR DQQRVR SUREOHPD XQD YROWD UHFXSHUDWL L GDWL RYYLDPHQWH TXHOOR GL DQDOL]]DUOL HG HVWUDUUH GD TXHVWL GHJOL LQGLFDWRUL FKHSRVVDQR VHUYLUH SHU FRPSUHQGHUH DO PHJOLRL IHQRPHQL 9LJH LQ WXWWR ODPELHQWH XQDFHUWR XWLOL]]R DPELJXR GL WHUPLQRORJLH FKHQRQ DLXWD QHOOD FRQGLYLVLRQH GHOOH YDOXWD]LRQL DG HVHPSLR VL VHQWH SDUODUH VSHVVR GL 52,5HWXUQ 2I ,QYHVWPHQW XQD PHWULFD SUHWWDPHQWH ILQDQ]LDULD DO SRVWR GHO WHUPLQH SLFRUUHWWR GL .3, .H\ 3HUIRUPDQFH ,QGLFDWRU RGL 0HWULFD3HU GLVDPELJXDUH XQD YROWD SHU WXWWH TXHVWH SUREOHPDWLFKH SULPD GL SURFHGHUH QHOOH DQDOLVL XWLOH ULFDSLWRODUH VHQ]D WURSSDGRFXPHQWD]LRQH DFFDGHPLFD L VLJQLILFDWL FKHGLDPR D XQD VHULH GL WHUPLQL

  • &RPH YHQJRQR PLVXUDWH OH SHUIRUPDQFH

    0HWULFD XQD PHWULFD XQ LQGLFDWRUH QXPHULFR FKH FL DLXWD D FRPSUHQGHUH XQ IHQRPHQR TXDQWL IDQ KD OD PLDSDJLQD"

    .3, XQD PHWULFD ULIHULWD DG XQ FRQWHVWR H XQ RELHWWLYR YRJOLR RWWHQHUH XQ GL IDQ QHO WULPHVWUH DG RJJL VRQRDG XQ

    52, XQ SDUWLFRODUH LQGLFDWRUH GL YDOXWD]LRQH ILQDQ]LDULD SHU LO FDOFROR D SRVWHULRUL GHOOD SURILWWDELOLW GL XQ SURJHWWR TXDQWR KR YHQGXWR FRQ XQD VSHVD GL HXUR LQ $GY VX )DFHERRN"

    ,Q TXHVWD RWWLFD QHFHVVDULR FRQRVFHUH OHGLIIHUHQWL PHWULFKH SRLFK SHU YDOXWDUH LOQRVWUR R DOWUXL RSHUDWR DEELDPR ELVRJQRGL XWLOL]]DUOH SHU VWDELOLUH GHJOL RELHWWLYL FKHYRJOLDPR UDJJLXQJHUH H TXLQGL FRVWUXLUH GHLFRUUHWWL .3, SHU YDOXWDUH LO UDJJLXQJLPHQWRR PHQR GL WDOL RELHWWLYL 6X TXHVWL RELHWWLYLSRVVLDPR DQFKH GHFLGHUH GL LQYHVWLUH XQ EXGJHW H WUDFFLDUH L ULVXOWDWL ILQDQ]LDUL SHU SRWHUHYHQWXDOPHQWH FDOFRODUH XQ 52, GHOOD]LRQHFKH DEELDPR LQWUDSUHVR

  • &RPH YHQJRQR PLVXUDWH OH SHUIRUPDQFH

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

  • &RPH YHQJRQR PLVXUDWH OH SHUIRUPDQFH

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

  •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

  • 4XDOL WLSRORJLH GL PHWULFKH"

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

  • 4XDOL WLSRORJLH GL PHWULFKH"

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

  •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

    0HWULFKH GL 'LIIXVLRQH 4XDQWLILFDQRQXPHULFDPHQWH XQ IHQRPHQR H OH FDUDWWHULVWLFKH FKH KDQQR SRUWDWR DOOD VXDGLIIXVLRQH

    0HWULFKH GL &RQWHQXWR $QDOL]]DQRTXDQWLWDWLYDPHQWH H TXDOLWDWLYDPHQWH L FRQ

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    WHQXWL GHO IHQRPHQR FHUFDQGR GL LQWHUSUHWDUQH LO VHQVR

    0HWULFKH GL ,QIOXHQ]D $QDOL]]DQRTXDQWLWDWLYDPHQWH JOL XWHQWL FKH KDQQR SDUWHFLSDWR DOOH FRQYHUVD]LRQL FHUFDQGR GLVWDELOLUQH OHIILFDFLD GL FRPXQLFD]LRQH

    &LDVFXQD PHWULFD YHUU DQDOL]]DWD VLQJRODUPHQWH DQFKH VH RYYLDPHQWH TXDVL WXWWH LQWHUDJLVFRQR WUD GL ORUR SHU OD YDOXWD]LRQH FRPSOHVVLYD GL XQ IHQRPHQR H QRQ SRVVRQR FKHHVVHUH SUHVH LQ HVDPH QHOOD ORUR LQWHUH]]D

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    PLVXUDUH VRSUDWWXWWR SHU HVLJHQ]H LQWHUQH OHSURSULH SHUIRUPDQFH

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    O QXPHUR GL )DQ GL XQD)DQ3DJH

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    O QXPHUR GL 8WHQWL 8QLFL

    )RUVH XQD LQ DVVROXWR GHOOH PLJOLRUL PHWULFKHSHU YDOXWDUH OHIILFDFLD GL XQD D]LRQH 6RFLDOLQ JHQHUH H VRSUDWWXWWR GL XQ HYHQWR FRPPHQWDWR VX 6RFLDO 79 LO QXPHUR GL XWHQWLXQLFL FKH VRQR VWDWL DWWLYDWL LQ XQD D]LRQH VX7ZLWWHU R )DFHERRN /H D]LRQL FKH QRUPDOPHQWH YHQJRQR SUHVH LQ HVDPH VRQR L 7ZHHWHG L 5HWZHHWPHQWUH VX )DFHERRN VL SUHQGRQRLQ FRQVLGHUD]LRQH JOL XWHQWL FKH KDQQR FRPPHQWDWR R IDWWR OLNH VX 3RVW H &RPPHQWL ,OQXPHUR GHJOL XWHQWL FRPSOHVVLYL UDSSUHVHQWDLO PHWUR GHOOD PLD FDSDFLW GL DWWLYDUH LO6RFLDO/D PHWULFD WXWWDOWUR FKH SHUIHWWD QRQ WHQHQGR LQIDWWL FRQWR GHJOL XWHQWL FRLQYROWL SDVVLYDPHQWH H SHU SUREOHPL GL $3, DQFKH GHJOLXWHQWL FKH IDQQR VKDUH VX )DFHERRN R SUHIHULWR VX 7ZLWWHU PD UDSSUHVHQWD FRPXQTXHIRUVH OD PLJOLRUH PHWULFD GLVSRQLELOH YLD DFFHVVR SURJUDPPDWLFR H TXLQGL RWWHQLELOH SHUSDUDJRQL WUD GLIIHUHQWL HYHQWL R %UDQG $QFKHLQ TXHVWR FDVR VL WUDWWD LQIDWWL GL XQD PLVXUDHVWHUQD HG TXLQGL RWWHQLELOH DQFKH VHQ]DL SULYLOHJL GL DPPLQLVWUD]LRQH VXJOL DFFRXQW

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    VRFLDO LO FKH QH GHWHUPLQD XQD RWWLPD XWLOL]]DELOLW SHU LO SDUDJRQH WUD GLIIHUHQWL %UDQGHG XQD RWWLPD DIILGDELOLW FRQ OD SRVVLELOLW SHU SOXULPL VRJJHWWL GL FRQWUROODUOD DQFKHVHSDUDWDPHQWH,PSRVWDUH XQ .3, VXOOD EDVH GHOOH DVSHWWDWLYH GL 8WHQWL 8QLFL XQ RWWLPR PRGR SHUFRQIURQWDUVL FRQ FULWHUL GL UHDOH HQJDJHPHQWSDUWHFLSD]LRQH H QRQPHUDPHQWH D GHOOHPHWULFKH GL UDSSUHVHQWDQ]D

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    O QXPHUR GL 8WHQWL$WWLYL3DVVLYL

    $OWUD PHWULFD IRUWHPHQWH XWLOH HG SXEEOLFD TXLQGL DIILGDELOH H FRQWUROODELOH DQFKHGDL QRQ DPPLQLVWUDWRUL OD PLVXUD]LRQH GHJOL XWHQWL DWWLYL H GHJOL XWHQWL SDVVLYL QRUPDOPHQWH GHILQLWL VX 7ZLWWHU FRPH TXHOOL FKHLQYLDQR WZHHW DWWLYL R FRQYHUVDWRUL HVSOLFLWL H FKH VL OLPLWDQR DO PHUR UHWZHHW SDVVLYL R FRQYHUVDWRUL LPSOLFLWL H VX )DFHERRN FRPH JOL XWHQWL FKH FRPPHQWDQR DWWLYL R FRQYHUVDWRUL HVSOLFLWL FRQWUR TXHOOLFKH PHUDPHQWH LPSRVWDQR XQ OLNH SDVVLYL R FRQYHUVDWRUL LPSOLFLWLt,O PHWUR GHO UDSSRUWR WUD XWHQWL XQLFL DWWLYL HSDVVLYL FL SX GDUH LQIRUPD]LRQL LQWHUHVVDQWLVXO OLYHOOR GL FRLQYROJLPHQWR FKH VLDPR ULXVFLWL D FUHDUH PDJDUL LQ RFFDVLRQH GL HYHQWLGD FRPPHQWDUH DG HVHPSLR XQ YRWR RQOLQHR D FRPSUHQGHUH VH TXDOFKH SDUWH GHOOD UHWH

    t1HOOD UHDOW QRQ IRUPDOPHQWH FRUUHWWR SDUODUH GHJOL XWHQWLFKH VL OLPLWDQR D OLNH H UHWZHHW FRPH XWHQWL SDVVLYL SHUFK UDSSUHVHQWDQR FRPXQTXH XQD YRORQW GL VHOH]LRQH GHL FRQWHQXWL H GLFRQWHQW FXUDWLRQ 3HU TXHVWR OD VXGGLYLVLRQH FKH PL VHQWR GL VXJJHULUH FODVVLILFDUH FRPXTXH JOL XWHQWL FRPH FRQYHUVDWRUL HVSOLFLWLR LPSOLFLWL

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    VRFLDOH DWWLYDWD KD FRQWULEXLWR LQ PRGR GHWHUPLQDQWH DO VXFFHVVR GHOOD GLVVHPLQD]LRQHGL LQIRUPD]LRQL FUHDQGR XQ DOWR QXPHUR DGHVHPSLR GL UHWZHHW&RPH QHO FDVR GHL JHQHULFL 8WHQWL XQLFL DQFKH QHO FDVR GHJOL XWHQWL DWWLYLSDVVLYL LPSRVWDUH XQ .3, VXOOD EDVH GHOOH DVSHWWDWLYHTXHVWH WLSRORJLH GL XWHQWL XQ RWWLPR PRGRSHU FLPHQWDUVL FRQ GHL FULWHUL GL UHDOH HQJDJHPHQW PROWR ORQWDQL GHOOH PHWULFKH GLUDSSUHVHQWDQ]D

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    /$FFHOHUD]LRQH RFRQWHQWVSHUWLPH

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    XWHQWL VLD SHU DXPHQWDUH LO QXPHUR GL XWHQWLXQLFL PD VRSUDWWXWWR SHU FHUFDUH GL RWWHQHUHXQ IRUWH LQFUHPHQWR GHL FRQWHQXWL QHOOXQLW GL WHPSR FKH FL SX FRQVHQWLUH GL VFDODUH OH FODVVLILFKH GHJOL DUJRPHQWL FDOGLVXOOH SLDWWDIRUPH H EHQHILFLDUH TXLQGL GHOODVSLQWD LQGRWWD GDOOD SLDWWDIRUPD VWHVVD FKHSURSRQH UHJRODUPHQWH DJOL XWHQWL L WRSLF SLFDOGL

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    /H PSUHVVLRQ HG LO 5HDFK GL)DFHERRN

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    6H YRJOLR TXLQGL RWWHQHUH XQD PLVXUD]LRQHGHOOD HVSRVL]LRQH HIIHWWLYD GL DXGLHQFH FKHVRQR ULXVFLWR D JHQHUDUH SRVVR ULFRUUHUH DO5HDFK PHQWUH VH YRJOLR DYHUH XQD LQGLFD]LRQH GHOOD HVSRVL]LRQH GHO PHVVDJJLR FKHKR RWWHQXWR LQ JHUJR 276 2SSRUWXQLW\ 7R6HH ODPLVXUD FKH VWR FHUFDQGR TXHOOD GHOOH,PSUHVVLRQ

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    /D 8QLTXH $XGLHQFH GL 7ZLWWHUR 7UXH 5HDFK

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    /LNH )DYRXULWH H $SSODXVH0HWULFV

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    ORJLH GL FRQWHQXWL PDJJLRUPHQWH LQ OLQHD FRQL JXVWL GHL PLHL WDUJHW

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    5HWZHHW 6KDUH H$PSOLILFDWLRQ 0HWULFV

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    SRUWXQLW QHOOD VHOH]LRQH GL TXHL FRQWHQXWLFKH PDJJLRUPHQWH LQ OLQHD FRQ OD YRORQWGL FRQGLYLVLRQH SRVVR FUHDUH SHU RWWLPL]]DUHLO UDJJLXQJLPHQWR GL XQD PDVVD VHPSUH SLDPSLD GL XWHQWL

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    GHOOH YDULH SLDWWDIRUPH OLPLWDUVL D YDOXWDUHL IHQRPHQL VX XQD VROD DQFKH VH OD SL SRSRORVD ULPDQH VLFXUDPHQWH XQD DSSURFFLROLPLWDWLYR H GL VLFXUD VRWWRVWLPD

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    /H SULQFLSDOL 3DUROH &KLDYH

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    *OL XWHQWL SL $WWLYL

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    *OL XWHQWL FRQ SL PSUHVVLRQ

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    *OL XWHQWL FRQ SL )ROORZHU

    9DQLW\ 0HWULF SHU HFFHOOHQ]D LO QXPHUR GHL)ROORZHU OD PLVXUD WUD WXWWH FRQ PLQRUHDIILGDELOLW YLVWD OD QRWHYROH VHPSOLFLW FKH LOPHUFDWR KD VYLOXSSDWR QHJOL DQQL GL DFTXLVWDUH IROORZHU D EDVVL SUH]]L HG DQFRUD SL EDVVDXWLOLW H SRVVLELOLW GL LQJDJJLR,QJDJJLDUH XQD 7ZLW6WDU FRQ XQ QXPHUR DPSLVVLPR GL )ROORZHU GL FXL OD PDJJLRU SDUWH ULVXOWD LQDWWLYD XQD SHUGLWD GL WHPSR H GHQDURVH QRQ VL DVVROXWDPHQWH VLFXUL GHOOD RQHVWH OLFHLW GHOOD VXD EDVH GL )ROORZHU FRPXQTXH SRVVLELOH YDOXWDUH LQ PRGR DEEDVWDQ]D DJHYROH OD SODXVLELOLW FKH L IROORZHU VLDQR JHQXLQL DQGDQGR DG DQDOL]]DUQH XQFDPSLRQH H SUHQGHQGR QRWD GL IDWWRUL FRPHQD]LRQDOLW OLQJXD XOWLPD D]LRQH HIIHWWXDWDTXHVWH PLVXUD]LRQL FL FRQVHQWRQR GL DYHUH XQEXRQPHWUR GL JLXGL]LR SHU OLQJDJJLR R PHQRGL XWHQWL FRQ UHDOL IROORZHU

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    *OL XWHQWL FRQ PDJJLRUH 6FRUHGL QIOXHQ]D

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    ,O FRQVLJOLR PLJOLRUH TXHOOR GL QRQ DIILGDUVL D PLVXUH HVWHUQH H JHQHUDOL UHODWLYDPHQWH DJOL LQIOXHQFHU PD YDOLWDUOL VLQJRODUPHQWH SHU OD PLD WUDVPLVVLRQH R LO PLR HYHQWRVXOOD EDVH GL XQD DQDOLVL LQWHUQD DOOHYHQWRVWHVVR JLXGLFDQGR TXDOL XWHQWL VL VRQR FRQWUDGGLVWLQWL PHGLDQWH PXOWLSOH PHWULFKH HKDQQR SRUWDWR D ULVXOWDWL UHDOL H PLVXUDELOL GLFRLQYROJLPHQWR

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    O SDUDJRQH DXGLHQFHWUDGL]LRQDOH H VRFLDO

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

  • 8QD SDQRUDPLFD GHOOH 0HWULFKH

    HOHYDWL DG HVHPSLR XQD VHWWLPDQD DQFKHSRVVLELOH YHGHUH TXDOL XWHQWL KDQQR XVXIUXLWRGHL FRQWHQXWL LQ PRGR OLQHDUH H TXDOL LQYHFHQH KDQQR XVXIUXLWR H FRPPHQWDWR DWWUDYHUVRSLDWWDIRUPH GL UHSOD\WY( DQFKH SRVVLELOH RVVHUYDUH TXDOL DUJRPHQWL GHOOD WUDVPLVVLRQH KDQQR VXVFLWDWR D SRVWHULRUL SDUWLFRODUL HG LPSRUWDQWL GLVFXVVLRQL IRUQHQGR XQD LPSRUWDQWH TXDQWLW GL GDWLSHU PHJOLR SLDQLILFDUH DQFKH OH RFFDVLRQL GLFUHD]LRQH GL FRQWHQXWL VRFLDO DOOLQWHUQR GHOODWUDVPLVVLRQH4XHVWD SLFFROD HG LQ DSSDUHQ]D EDQDOH DQDOLVL TXLQGL RIIUH FRQ GLVSHQGLR GL WHPSR DQDOLVL YHUDPHQWH ULGRWWR XQD VHULH GL LQGLFDWRUL SUH]LRVL SHU PHJOL FRPSUHQGHUH GLVFUDVLHH GLYHUVL SDWWHUQ GL XVXIUXL]LRQH WUD XWHQWLWUDGL]LRQDOL H VRFLDO

  •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

    5DIIDHOH &XPDQL #SLHURWDJOLD 0DIH 'H %DJJLV #PDIHGHEDJJLV

  • 5LQJUD]LDPHQWL

    $OHVVDQGUD )DUDEHJROL #DOHEHJROL &DUOR )ULQROOL 3X]LOOL #FDUOVB &ODXGLR *DJOLDUGLQL #FODBJDJOLDUGLQL )LOLSSR *LRWWR #ILOLSSRJ (PDQXHOD*ROGRQL #HPDQXHODJROGRQL )UDQFHVFR /DQ]D #EHGURVLDQ ,UHQH /DVWD #LUHQHODVWD *LXVHSSH 0D\HU #JLXVHSSHPD\HU *LRYDQQL 6FURIDQL #MRYDQ] 3LHUR 7DJOLDSLHWUD #SLHURWDJOLD 'LHJR 9DOHQWH #GYDOHQWH (PDQXHOD =DFFRQH #]DWRPDV

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

  • 5LQJUD]LDPHQWL

    :LHODQG $PLW 0RUDYFKLFN $OHVVDQGUR )RUQDUR )HGHULFR %LDQFR 0DXUR %DQIL 0DQXHOD3UHWLV 0LFKHOD %RUVD &LEHOH0DUL]D 'DUGL 'D6LOYD H OLPPDQFDELOH )HGHULFD &DSHOOL*UD]LH D WXWWL GL FXRUH

    0DUFKL H ORJKL XWLOL]]DWL LQTXHVWR YROXPH VRQR GL WLWRODULW GHL ULVSHWWLYL SURSULHWDUL HGXVDWL VROR D VFRSR GHVFULWWLYR,O ORUR XVR QRQ LPSOLFD DYDOORR FRQGLYLVLRQH GHL FRQWHQXWL GDSDUWH GHL ULVSHWWLYL WLWRODUL

  • /$XWRUH

    9HVWLWR GD EXIIRQH QDLI IXRUL GDRJQL IRUPD R DSSDUHQ]D LO 0DWWR UDSSUHVHQWD OD IRU]D SULPLJHQLD

  • /$XWRUH

    VHQ]D SUHFRQFHWWL FKH DOOD EDVHGHO FUHDUH

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

  • /$XWRUH

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

  •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

  • 7KH )RRO VUO

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

  • 7KH )RRO VUO

    &KDQJHORJ

    $SULOH Y 0HVVD D GLVSRVL]LRQH 2QOLQH WUDPLWH LO VLWR

    IndicePerch questo libroL'importanza dei dati e le metricheCome vengono selezionati i datiL'Orizzonte dell'AnalisiL'Intervallo Temporale preso in esameLe Parole Chiave dell'AnalisiGli ambiti linguistici e territoriali presi in esameLa seconda analisi di integrazioneL'eliminazione dei contenuti non rilevanti

    Da dove provengono i datiProvider diretto con accesso alla base dati storicaProvider diretto senza accesso alla base dati storicaProvider indiretto con accesso al dato storicoProvider indiretto senza accesso al dato storicoProvider diretto a best-effort

    Come vengono misurate le performanceQuali tipologie di metriche?Una panoramica delle MetricheIl numero di TweetIl numero di Fan di una FanPageIl numero di Utenti UniciIl numero di Utenti Attivi/PassiviL'Accelerazione (o contents-per-time)Le Impression ed il Reach di FacebookLe Impression di TwitterLa Unique Audience di Twitter (o True Reach)Like, Favourite e Applause MetricsRetweet, Share e Amplification MetricsLa Total AudienceLe principali Parole ChiaveGli utenti pi AttiviGli utenti pi PopolariGli utenti con pi ImpressionGli utenti con pi FollowerGli utenti con maggiore Score di InfluenzaIl paragone audience tradizionale e social

    RingraziamentiLAutoreThe Fool srlChangelog