Advance analytics (planned actions)
Business intelligence involves creating, aggregating, analyzing and visualizing data to inform and facilitate business management and strategy. Analytics is about asking questions and refers to all the ways in which data can be broken down, compared and examined for trends. Big data is the technology that stores and processes data and information in datasets that are so large or complex that traditional data processing applications can’t analyze them. Big data can make available almost limitless amounts of information, improving data-driven decision making and expanding open data initiatives.
TBS, working with departments, will lead the development of requirements for an enterprise analytics platform.
TBS will work with departments to identify a business lead to develop a data lake (a repository of raw data) service strategy so that the GC can take advantage of big data and market innovation to foster better analytics and promote horizontal data sharing.