Obama Administration Unveils “BIG DATA” Initiative: Announces $200 Million in New R&D Investiments

Aiming to make the most of the fast-growing volume of digital data, the Obama Administration today announced a “Big Data Research and Development Initiative.”

By improving our ability to extract knowledge and insights from large and complex collections of digital data, the initiative promises to help solve some the Nation’s most pressing challenges.

To launch the initiative, six Federal departments and agencies announced more than $200 million in new commitments that, together, promise to greatly improve the tools and techniques needed to access, organize, and glean discoveries from huge volumes of digital data.

For more details, please read the news release.