Every Federal Agency Needs a Big Data Strategy: Report
Big Data innovation and tools adoption is inevitable as the web and tech industry advance and get more and more sophisticated. This is also true for the public sector, which is why the Federal Networking and Information Technology Research and Development (NITRD) working group announced the Designing a Digital Future report. The 119-page report to the President states that “every Federal agency needs to have a ‘Big Data’ strategy.”
Teradata CTO Stephen Brobst is one of the 14 members consisting the NITRD working group, and he noted the following:
“We are entering the Zettabyte Age, and it is not hyperbole to say ‘every Federal agency needs to have a big data strategy.’ My colleagues and I in the Federal NITRD working group agree that this is an imperative, and leading commercial organizations are already refining such strategies”
The 119-page report covering 5 broad big data themes had several very notable highlights in it, particularly the part pointing out the growing importance of data mining as “the transformation of data into knowledge, and of knowledge into action.”
Borbst is the CTO of the world’s largest data warehousing and Analytics Company (which the press release made sure to highlight), and while he’s advising the governmental to adopt the use of big data, Teradata has been busy spurring updates further promoting this trend as a whole. This includes a couple of acquisitions recently – the buyout of analytics company Aster Data for $263 million. Teradata bought an 11 percent stake of the company around a year before the deal.Two months earlier, Teradata acquired Aprimo, a data storage company Aprimo for $525 million. The deal was set to close during Q1 this year.
Teradata stocks hit a new 52-week high Monday trading at $50.77.
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