State dept benefits from BI

President-elect Barack Obama has said he wants to cut the fat out of government and has indicated the government's own spending watchdog, the Office of Management and Budget (OMB), will be "more efficient and more effective at serving the American people", reports Information Week.

That likely means government agencies will need to provide the OMB with even more detailed answers on where their dollars go.

The State Department division that runs public diplomacy programmes overseas could prove to be a model to its peers with its use of business intelligence (BI) software, popular with the private sector, to demonstrate the return on investment of its expenditures.

Good Data Corporation, an emerging provider of on-demand (SaaS) collaborative BI solutions, has signed a customer agreement with Intelimedix, a supplier of BI solutions for health insurers, states Business Wire.

Good Data, which recently completed a $2 million initial round of funding from private investors, delivers a cloud-based platform for BI projects.

“Intelimedix's expertise combined with Good Data's on-demand collaborative analytics form an unbeatable combination for healthcare organisations,” said Roman Stanek, founder and CEO of Good Data.

With global economic recession having an impact on almost all industries, BI and analytics can present companies with an effective solution to the challenges they now face, says CIOL.

Downtime is when revenues nosedive and enterprises look at issues affecting them more seriously than before.

Adopting BI and analytics solutions can help enterprises get to the heat of issues and take decisions timely.