By TIBCO Spotfire’s Business Intelligence Blog – Aug 13th
Government agencies are increasingly using big data to operate more efficiently and effectively for the citizens and organizations they serve. Indeed, big data and analytics offer government tremendous opportunities to streamline operations and slash costs in light of tax revenue uncertainties. But government agencies are only scratching the surface of what’s possible with big data analytics.
For instance, the US government spends hundreds of billions of dollars on social welfare programs from Social Security to food stamps to public housing, as Robin Harris notes in a recent post for ZDNet.
“But which of these programs actually works?” Harris asks. “We don’t know – but we could if we collected and analyzed the data.”
Without question, opportunities are ripe for government entities to use big data and analytics to operate more effectively. Governments in the developed economies of Europe could save more than $149 billion in operational efficiency improvements by using big data, according to McKinsey Global Institute.
Key to maximizing the use of big data in government is sharing information about big data projects and lessons learned that could potentially be applied by other agencies.
In a recent interview, Stephen Goldsmith speaks about an initiative he’s spearheading called Data-Smart City Solutions, which is a website dedicated to studying and publicizing big data projects that are making municipal governments smarter and more efficient.
– See more at: http://spotfire.tibco.com/blog/?p=20408#sthash.NkS9Iuey.dpuf