Actually, the federal government has been using big data to save money for some time now. Several agencies use software to analyze financial transactions as they're executed. As a result, these agencies can stop improper or duplicate payments, ensure fund balance with Treasury, ensure grants are properly directed and managed, and establish audit assurance. It's not as sexy as NASA research or anti-terrorism, but it's saving taxpayers billions of dollars per year. At the very least, these applications show that big data can deliver an immediate benefit.
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