GAO Release Data and Analytics Innovation Report Requested by GAO Comptroller General, Congressional Committees and Members
The report, titled “Data Analytics Innovation: Emerging Opportunities and Challenges,” comes out of a January 2016 GAO-convened forum with participants from industry, government, academia, and nonprofit organizations.
Excerpt from GAO one-pager:
Massive volumes of data are increasingly being generated at unprecedented rates as a result of advances in information technology and developments such as use of expanded mobile capabilities (supported by more powerful and increasingly widespread bandwidth). New approaches to combining and making sense of large amounts of varied data—methods referred to as advanced analytics—are helping to uncover patterns, identify anomalies, and provide insights not suggested by a priori hypotheses. In fact, advanced algorithms are enabling the automation of functions that require the ability to reason; for example, an algorithm may use data on weather, traffic, and roadways to estimate and provide real-time information to drivers on traffic delays and congestion.
At a strategic technology assessment forum hosted by the U.S. Government Accountability Office (GAO) in January 2016, participants from industry, government, academia and nonprofit organizations considered potential implications of these developments. Their discussion of emerging forms of data, analytics, and innovation pointed to a combined process or cycle in which relevant data are generated and subjected to analysis, so that results can be applied to innovative decision making or uses. [GAO terms] this process “data and analytics innovation.” Consideration of related impacts spanned the economy and society, and included new opportunities with accompanying challenges, as well as potentially negative impacts.”
The full report can be viewed and downloaded here along with the corresponding one-pager.
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