Understanding the ebb and flow of client statistics, demographics, analytics, and cloud storage takes a careful eye, as companies, governments, and even smaller businesses leverage powerful tools to operate. Business intelligence software can help IT locate problem areas and identify solutions with greater speed, and help decision-makers visualize clear data reports. The data crunching tools used by governments are quickly being adopted into the business world, allowing us to make sense of large sweeps of information. Take a look at these five ways governments utilize big data.
1. Creating Jobs
Big data requires a high amount of specialized analytics and upkeep. Finding useful information and building reports can translate slews of statistics into extremely important research. Finding trends in data can help a company build realistic goals, find problematic areas, and identify successful processes. High tech workers with experience in analytics are finding great new opportunities in big data, where interpreting information has become a priority for most companies.
2. Tracking Human DNA
Starting in 1990, the Human Genome Project was launched by National Institutes of Health working together with the U.S. Department of Energy. They compiled an enormous database, supported partially by Amazon Web Services, to catalog and map out human DNA. By leveraging cloud sharing, researchers and IT specialists everywhere are able to refer to the database and add their discoveries on the human genome. This has led to new theories of evolution and human ancestral travel.
3. Mapping out the Brain
Another major scientific project that big data has been used for is the BRAIN initiative. This acronym stands for the “Brain Research through Advancing Innovative Neurotechnologies,” and has received considerable support from President Obama. The initiative hopes to use big data to make strides toward Alzheimer’s and Parkinson’s disease treatments. In their attempt to map out individual neurons of the human brain, researchers hope to identify patterns and possible solutions for deterioration.
4. Protecting Finances
Monitoring online transactions with big data can allow companies to identify suspicious trends. Many red flags can be avoided by having an analytics specialist keep an eye out for illegal activity. Governments have used business intelligence software to find out when citizens are using illegal loopholes for vehicle registration, state benefits, or fraud.
5. Massive Cloud Storage
Cloud storage is crucial to big data, since researchers and IT specialists are able to access information from all over the world. The convergence of big data and cloud solutions makes analytics more accessible to mobile devices. Collecting video, photo, and text information is easier and more affordable than ever. Businesses are now able to buy into these technologies that were formerly used by governments exclusively.