The White House may begin doing some data-mining of its own as it releases a big data research and development initiative Thursday.
The Big Data Research and Development Initiative outlines how the government intends to capitalize on potential opportunities and insights big data presents.
Six federal agencies are committing $200 million in order to develop and improve the tools necessary to use large, complex data sets to shed light on pressing issues.
Those agencies include the National Science Foundation, the Defense Department, the National Institutes of Health, the Energy Department, the U.S. Geological Survey and the White House’s Office and Science and Technology Policy.
John Holdren, director for the OSTP, expects the initiative to transform how the government uses big data for scientific discovery, environmental and biomedical research, education and national security.
The White House said the goal of the initiative is also to advance technologies needed to collect, store, manage, analyze, and share big data and to expand the associated workforce.
In addition, the White House is holding a webcast Thursday afternoon to elaborate on the government big data initiative.
Government, organization and industry leaders to participate include:
The webcast is also to feature a panel of academia and industry leaders, which will be moderated by Steve Lohr of the New York Times.