The Semantic and Knowledge Innovation Lab (SKIL) is an innovation lab opened by TELECOM Italia as a result of its partnership with the European Institute of Technology (EIT). The lab is located in Trento which hosts one of the 6 Information and Communication Technologies Lab of the EIT and two reference research groups: University of Trento and the Fondazione Bruno Kessler (FBK) center. The aim of the lab is to exploit the potential of big data and open data by creating a platform to share data among academia, industrial and institutional partners. It is our belief that such raw data gives a new image of the territory/community from which the data was collected and by analyzing it new trends, enriched information can be extracted. The results of the analysis can turn into revenue and profit not only for the companies but also for the communities.