4 July 2012: The Register

English: Francis Maude MP, Minister for the Ca...

Francis Maude MP, Minister for the Cabinet Office (Photo credit: Wikipedia)

Big Data Megaslurp “to Save UK Government £30 Billion” Raves Thinktank

Excerpt: Big Data – the latest buzzword encompassing data hoarding and processing – is repeatedly making a big splash in Whitehall with many ministers happy-clapping such an “initiative”. It’s largest champion is Cabinet Office minister Francis Maude, who has steered a “digital-by-default” agenda involving an annual budget of £22m spent on a team of web consultants and developers to reshape the direct.gov.uk portal into a one-stop shop to access government info. An important chunk of that project involves building a private-sector identity market, allowing companies – and not the government – to retain and manage databases stuffed with sensitive and often confidential information about British citizens. As noted by Chris Yiu – the author of yesterday’s The Big Data Opportunity [PDF] report – it’s currently “not possible to retrieve reference information relating to an individual citizen from a single authoritative source”….Yiu’s paper uses the McKinsey Global Institute’s methodology on Big Data to claim that employing such an initiative fully could bring in savings in the UK of between £16bn and £33bn a year. He added that the figures were “necessarily broad-brush”.

Read more: http://www.theregister.co.uk/2012/07/04/policy_exchange_big_data/

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