Public Sector News: Putting data and insights to work
July 2015, Issue 11
It seems as if the usefulness and value of big data and analytics is continuing to percolate around the world. In multiple ways, businesses and governments are putting data and insights to work. Here are some of the stories from the past week highlighting that growth.
Big data used to gauge Taiwan's private sector wage growth
The government of Taiwan commissioned a study that analyzed 4.84 million wage data samples from a three-year period starting in 2011. The study allowed for a more accurate assessment of wage growth in the private sector. Using the data analysis, the government will be able to create policies to stimulate the weakest wage growth performing sectors. Executive Yuan spokesperson Sun Lih-chyun said the government uses wage growth in the private sector to determine if public sector pay needs to increase.—WantChinaTimes
New York Institute of Technology gets cybersecurity center in Port Washington
The New York Institute of Technology has been authorized to open a new cybersecurity center in Port Washington, Nassau County, New York. This center will be built on 10,000 square feet of space provided free from Steel Equities, a real estate developer. Research and product invention are two of the center's primary functions. Students and faculty will conduct research for the federal government, IBM, Cisco and other companies according to Industrial Development Agency Executive Director Joseph J. Kearney. Kearney also stated, "The potential here is really significant to spur the growth of cybersecurity companies and bring more high-paying jobs to Nassau."—James T. Madore for Newsday
Learning analytics in a liberal arts context
Several important questions are posited about liberal arts institutions, including “Do they think about big data and learning analytics differently than larger institutions mainly focused on research?” and “What about the community of practice around liberal arts and learning analytics?” Author Joshua Kim has three ideas: "focus first on our goals," "create a culture of evaluation and assessment" and "build new competencies and capabilities." He goes on to say that student learning can be promoted through these analytical methods. Read this blog for more on building exceptional higher-education experiences with analytics.—Joshua Kim for Inside Higher Ed
Privacy in a data-driven world
A tug-of-war between personalized content and privacy controls is taking place. For example, Europe's cookie law demonstrates the good intentions of government but also a failure to identify the core issues at play surrounding user tracking. According to polling by Ipsos MediaCT, 78 percent of people are open to personalized content but 65 percent want content personalization based only on the information they provide and want privacy control options. Trusting in organizations to collect our data is necessary for everyday transactions—but instances such as data breaches and withholding information erode that trust. Denne suggests there has been a failure across the board (in both public and private sectors) to tackle privacy effectively.—Joseph Denne for Econsultancy
IoT potentially worth $11 trillion by 2025
A news research report from McKinsey Global Institute has estimated the total worth of the Internet of Things (IoT) to be between $3.9 trillion and $11.1 trillion annually by 2025. The report looked at more than 100 uses for IoT, including devices such as industrial equipment and health monitors. Authors of the report indicated how important it will be for IoT systems to be interoperable and how business-to-business will likely capture more value than consumer applications. Find out more about the Internet of Things.—Sean Kinney for RCR Wireless News
How else can data and analytics shape the world? Learn more about the power of analytics in the public sector.