Obama administration will spend 200 mil. $ for the research and development of "Big Data"

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.”

Highlights of the press release:

  • the initiative will improve “our ability to extract knowledge and insights from large and complex collections of digital data”
  • “In the same way that past Federal investments in information-technology R&D led to dramatic advances in supercomputing and the creation of the Internet, the initiative we are launching today promises to transform our ability to use Big Data for scientific discovery, environmental and biomedical research, education, and national security,” said Dr. John P. Holdren, Assistant to the President and Director of the White House Office of Science and Technology Policy.
  • the purpose of the Big Data Research and Development Initiative is to:

– Advance state-of-the-art core technologies needed to collect, store, preserve, manage, analyze, and share huge quantities of data.

– Harness these technologies to accelerate the pace of discovery in science and engineering, strengthen our national security, and transform teaching and learning; and

– Expand the workforce needed to develop and use Big Data technologies.

  • several concrete projects will be developed by the National Science Foundation, the Department of Defense, the National Institutes of Health, the Department of Energy, and the US Geological Survey.

Read the whole press release HERE.

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