Data-Driven Innovation: A Guide for Policymakers—Understanding and Enabling the Economic and Social Value of Data
While data analytics have been around for quite some time, what’s new is the increasing capacity for enterprises and governments to analyze and use this information— from a variety of voluminous sources of structured and unstructured data, real-time and static — to innovate and improve the outcomes of everyday life.
A range of previously unimaginable applications of DDI are already being produced—or will be in the near future. These innovations are making people’s lives better and safer and more SIIA created this white paper to explain the nature of DDI, how it empowers enterprises and governments to benefit individuals, and show how it is already enabling economic growth. The paper details how changes in information technology (IT) products and services and the increasing use of data are combining to foster transformative innovation that will greatly benefit how we learn, do business and live our lives, while greatly stimulating economic growth.