Western European Governments Adopt Big Data to Improve Financial Performance, According to IDC Government Insights Survey
06 May 2014
LONDON, May 6, 2014 — A recent survey by International Data Corporation (IDC) reveals that adoption of Big Data is still slow among Western European governments but that interest is growing steadily. The survey indicates that of those government executives in Western Europe that are investing or plan to invest in Big Data and analytics, 38% will do so to reduce financial fraud and abuse, 40% to improve revenue collection, and 44% to increase overall efficiency.
The survey highlights that investment in business intelligence and document life-cycle management solutions will provide a foundation for the technical competencies required for Big Data, as well as helping governments to continuously refine information management practices that can improve data quality and access to be leveraged by Big Data solutions. The survey also indicates that governments that are able to leverage the interdependencies of Big Data solutions with other pillars of 3rd Platform technologies, particularly cloud computing, will have an advantage in terms of scalability and cost-effectiveness of their Big Data programs.
"Government IT executives that are planning to invest in Big Data should consider the strategy, governance, architectural, sourcing, and organizational competency aspects," said Massimiliano Claps, research director, IDC EMEA Government Insights. "In the next 12 to 18 months, business cases focused on leveraging internal data to improve financial sustainability and operational efficiency will be more likely to get executive buy-in than fancy analytics that draw on multiple non-government data sources to personalize citizen service."
More insights are available in the study Western European Governments Take Baby-Steps in Big Data to Improve Financial Performance (IDC #GIPP05W, February 2014). The study is part of a series of studies that analyzes the results of IDC Government Insights' annual survey. Other studies will analyze mobile and social media. For more information or to arrange a one-on-one briefing with IDC Government Insights analysts, please contact Kanupriya at firstname.lastname@example.org.
About IDC Government Insights
IDC Government Insights assists government policy, program, and IT leaders, as well as the suppliers that serve them, in making more effective technology decisions by providing accurate, timely, and insightful fact-based research and consulting services. Staffed by senior analysts with decades of government and IT industry experience, our global research analyzes and advises on business and technology issues facing the federal/central and local/provincial governments. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology market. IDC is a subsidiary of IDG, the world's leading technology, media, research, and events company. For more information, please visit www.idc-gi.com, email email@example.com, or call 571.296.8060. Visit the IDC Government Insights Community at http://idc-insights-community.com/government.
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