Data and analytics innovation : emerging opportunities and challenges /
Emerging opportunities and challenges
Government Accountability Office, United States.=
- Washington, D.C. : United States Government Accountability Office, 2016.
- v, 125 p. : ill. ; 29 cm.
Title from title screen (viewed on October 4, 2016). "September 2016." "Highlights of a forum."
Forum discussions considered the implications of new data-related technologies and developments that are revolutionizing the basic three-step innovation process in the figure below. As massive amounts of varied data become available in many fields, data generation (step 1 in the process) is transformed. Continuing technological advances are bringing more powerful analytics and changing analysis possibilities (step 2 in the process). And approaches to new decision making include intelligent machines that may, for example, guide human decision makers. Additionally, data may be automatically generated on actions taken in response to data analytic results, creating an evaluative feedback loop.
9781542981866
Technological innovations--United States--Social aspects Technological innovations--United States--Finance Data mining--United States--Evaluation Information technology--United States--Management