Big Data’s Business Value

News Article -- October 03, 2012

CSC Joins with Industry Leaders  to Release First-Ever Big Data Recommendations for Federal Agencies

Washington, DC – The TechAmerica Foundation today released their much anticipated report “Demystifying Big Data: A Practical Guide To Transforming The Business of Government,” which gives the federal government a comprehensive roadmap to using “Big Data” to better serve Americans.

CSC’s Yogesh Khanna and other experts from both industry and academia joined with the TechAmerica Foundation to form the Big Data Commission, which collaborated to demystify the term “Big Data.” This comprehensive and first-of-its-kind report defines key terms; explains the underlying technology in simple terms; and identifies best practices and lessons learned from early efforts. The report also offers a set of policy recommendations and practical steps agencies can take to get started on Big Data initiatives.

Complementing the Practical Roadmap and Key Policy Recommendations is the Business Value of Big Data, including:

• Improve decision-making and operational intelligence
• Eliminating waste, fraud, and abuse
• Innovating new business models and stakeholder services

Get the full Commission report.

Read a blog post about the report by Yogesh Khanna and Carolyn Eichler.