Tuesday 3rd July saw the launch of new independent research by one of the UK’s leading think tanks, Policy Exchange, on the potential impact and benefits of big data analytics for the public sector.
The research, which was supported by EMC and entitled The big data opportunity: making government faster, smarter and more personal, found that the government could save up to £33 billion per year by applying big data analytics to challenges as diverse as closing the tax gap and reducing benefit fraud. The report was covered extensively in the media including by the Press Association, BBC, Guardian, ComputerWeekly, PublicTechnology, and IT Pro amongst others.
To mark the launch of the research, Policy Exchange organised a panel discussion and Q&A for around 100 senior policy makers from across government, members of the media, and interested third parties at their HQ in Westminster.
Speaking alongside the Cabinet Office Minister Rt Hon Francis Maude MP, EMC’s Vice President for UK and Ireland James Petter called for “a step change” in the way data is used to drive economic growth and innovation in both the public and private sectors and unveiled two new EMC commitments to accelerate this agenda. Firstly, EMC is making its Greenplum Analytics Workbench available to the government to assist its innovation in big data. Secondly, EMC is working with Cranfield University to encourage the next generation of business leaders to think in a more data-driven mindset.
Click here to download a copy of The big data opportunity: making government faster, smarter and more personal from Policy Exchange’s website.