BIG DATA

$7.2B: Big numbers for big data

Spending expected to increase through 2017

New research from Deltek Inc. pegs federal government spending on big data at $7.2 billion by 2017.

Currently, big data spending stands at $5 billion. The market research firm defines big data spending as hardware, software and services that are used for advanced analytics programs, data visualization and data management.

“Driving this spending surge is a critical need to turn big data into knowledge so it can be applied for better decision making about countless public safety matters, including thwarting terrorism and developing cures for communicable diseases,” the company said in a statement about its new research report: Federal Big Data Outlook, FY 2012-2017.

Other drivers include:

  • Expanding data sets that cannot be analyzed using traditional computing and analytical tools.
  • Desire to use data to increase efficiency, reduce costs and meet agency missions.
  • Increased affordability of analytics solutions.
  • The shift toward cloud computing, which enables greater computing and analytical capabilities.

About the Author

Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.

Reader Comments

Mon, Dec 17, 2012 Guy Hammer Leesburg, VA

Thanks for posting this, Nick. mrhoffman: valid question but I think you probably know that the answer, like the problem, depends on context. Consider this blog post by the director of NIMH earlier this year: http://www.nimh.nih.gov/about/director/2012/an-emerging-era-of-big-data.shtml

Mon, Dec 17, 2012 mrhoffman United States

What is the ROI or cost justification achieved with 44% spend increase? The cost of software and services should be decreasing and gaining efficiency - so is the government answering 100%, 300% more questions than with current $5B spend? The big questions here, as in all big data questions are a) what are the new outcomes achieved via big data and whom is the audience, end users, for the new capabilities? Does the government get exponentially smarter or more productive due to more data, visualization, predictive modeling and analytics? "Increased affordability of analytic solutions" Forecast does make me want to re-read CIA intelligence overview https://www.cia.gov/library/center-for-the-study-of-intelligence/csi-publications/books-and-monographs/directors-of-central-intelligence-as-leaders-of-the-u-s-intelligence-community/chapter_16.htm Thank you for article Nick mrhoffman @ customerworthy

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