Press Releases

Celebrating the Possibilities of Data

Data Innovation Day highlights benefits for the public and private sector, Jan. 24

WASHINGTON (January 11, 2013) - The unprecedented volume of data being generated by today's computing infrastructure is transforming our society and creating significant advancements such as new methods of producing products, managing operations and reforming healthcare.

To highlight the current and potential benefits of data, groups from around the country will participate in Data Innovation Day on Thursday, January 24. With a theme of "Big Data, Bigger Opportunities," the celebration seeks to raise awareness about the important innovations and opportunities that come from the increased use of information by the public and private sector.

In honor of the occasion, the Information Technology and Innovation Foundation (ITIF) will host a series of events from 9:00 AM to 3:00 PM in Washington D.C. This includes two major panel discussions on the future of data in government and in industry as well as a series of demonstrations of the latest applications of data analytics technologies.

"Thanks to advancements in computing, networking and informatics we are currently experiencing a data revolution and the possibilities for transforming government, industry and society are nearly limitless," notes Daniel Castro, Senior Analyst with ITIF. "We have organized the first annual Data Innovation Day to showcase these opportunities and offer policy recommendations that can maximize the potential benefits of data innovation."

The first of the day's panels, Data Innovation in Government, will focus on efforts to open government data sets for public use and research and development, as well as the utilization of new information technologies to enhance collaboration with the private sector. It will be held from 9:00 AM to 10:30 AM at the Information Technology and Innovation Foundation, and will feature representatives from the Departments of Education, Energy and Health and Human Services as well as executives from Amazon Web Services and Lockheed Martin.

ITIF's second event, Data Innovation in the U.S. Economy, will run from 12:00 PM to 3:00 PM at the Reserve Officers Association and will highlight the technologies behind the current era of big data, notable uses of data in action, and opportunities to better leverage data in industries such as healthcare, energy, finance, and transportation. A panel discussion will include representatives from leading companies in the data economy such as IBM, HP, EMC, Toyota, Opower and Zoomdata and will be followed by demonstrations of data analytics technologies in different industries.

"Data is a powerful but largely untapped natural resource that can drive innovation and economic growth," says Nancy Staisey, vice president, IBM Smarter Cities and a member of the economy panel. "From transportation to health care to public safety, data innovation provides a tremendous opportunity to make our cities smarter, safer and healthier and to transform industries. During Data Innovation Day we look forward to discussing how data innovation is helping drive sustainable economic growth."

These events are free and open to the public. For more information or to register, visit http://www.datainnovationday.org/schedule-of-events/.