Georgia Tech Procurement Assistance Center

Report: Homeland Security, intel agencies to spend big on big data

By

A new report from Research & Markets forecasts that the big data and data analytics industry will continue to grow with increased use from the Department of Homeland Security, public safety organizations and intelligence agencies.

The “Big Data & Data Analytics, Homeland Security & Public Safety: Global Market 2017-2022” report predicts that the big data and data analytics industry will reach $11 billion in revenue by 2022. The report forecasts a seven-year compound annual growth rate of 17.5 percent from 2015 to 2022, according to Business Wire.

With an increasingly digital world, the use of big data within the public safety and intelligence spheres has been on the rise, creating opportunities for industry growth. From data collection and storage to intelligence processing, exploitation, dissemination and analysis.

Keep reading this article at: http://www.federaltimes.com/articles/report-homeland-security-intel-agencies-to-spend-big-on-big-data

Air Force wants help finding ‘golden nuggets’ in data

By

The Air Force is putting almost $10 million toward technology to help decision-makers process information faster.

A Broad Agency Announcement (BAA) searches for solutions that could help employees find “golden nuggets” in data, potentially by “fusing diverse data sources, filtering noise” or discovering “patterns of life.”

The Air Force is currently gathering white papers under the BAA, which was originally posted last year.

Any technology funded under the BAA would be used to minimize the amount of time users spend collecting data, and would also use machine-learning technology to “automate mundane tasks.”

Keep reading this article at: http://www.nextgov.com/big-data/2016/11/air-force-wants-help-finding-golden-nuggets-data/132978

See Broad Agency Announcement posted on FedBizOpps here: https://www.fbo.gov/index?s=opportunity&mode=form&id=5f9873ed38de56a1ca98414b4a5e8861&tab=core&_cview=1 

Big trends in federal contracting for 2016

By

The coming year in the federal contracting market highlights an interesting tension between the opportunities that new technology and big data bring, and the challenges of budget uncertainty and industry consolidation.

Big data and cybersecurity are fundamentally changing the way both agencies and contractors do business.

The landscape is further complicated by agency use of Lowest Priced Technically Acceptable awards and unprecedented merger and acquisition activity.

Cybersecurity spending will continue to climb, but in other areas, Govini predicts continued downward pressure on pure services businesses. [Editor’s Note: Govini is a business intelligence firm that provides a database of government spending and proprietary analytics to companies that sell to the public sector.]

Keep reading this article at: http://www.govexec.com/excellence/promising-practices/2016/01/big-trends-federal-contracting-2016/125230

SBA wants to know how ‘big data’ affects small business

By

The Small Business Administration is trying to figure out where big data meets small business.

SBA logoWhile large businesses have been using large volumes of data to make better business decisions, “with greater access and availability of cost-effective technology, small businesses are doing the same,” according to a recent solicitation for research.

For instance, small businesses and retailers can use online transaction history, analyzed in aggregate, to make decisions about sales and marketing programs, better understand customer behavior and predict the number of staffers they’ll need, according to SBA.

Keep reading this article at: http://www.nextgov.com/big-data/2015/05/sba-wants-know-how-big-data-affects-small-business/113557

Contracting News

Read More

Contracting Tips

Read More

GTPAC News

Read More

Georgia Tech News

Read More