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Deloitte Report: Analytics Play Greater Role in Fed. Agency Decisions

Deloitte Report: Analytics Play Greater Role in Fed. Agency Decisions - top government contractors - best government contracting event

Deloitte Report: Analytics Play Greater Role in Fed. Agency Decisions - top government contractors - best government contracting eventIn a recent study conducted by Deloitte and the Government Business Council, findings concluded that as federal agencies face budget cuts, they have increasingly turned to data gathering analytics to support their operations.

The study entitled “Demanding More, Federal Agencies' Data Use to Drive Mission and Meet Mandates“ concluded that more than 70 percent of federal government managers felt that budget constraints were creating a greater emphasis on data collection to assist with decision making regarding their programs.

However, despite the increased usage and reliance on data analytics, the study also concluded that 58 percent of the respondents reported they felt that actually using the data collected in a “meaningful“ way still remained a challenge.

“Information is currency in both business and government; but the research found that many federal agencies don't have reliable data readily available, even as there are difficult financial decisions looming,“ says Erin Dian Dumbacher, associate director of research at GBC. “The study shows that 45 percent of managers say that their agencies are engaging in preditictive analytics, yet fewer than one third assess the quality of their data for accuracy.“

Additional key findings of the report included:

  • Complicated processes, insufficient technical and staff resources are contributing to limited and inconsistent data collection in federal agencies.
  • Many agency leaders are unable to plan for the increasingly diverse demands from Office of Management and Budget, Government Accountability Office and other departments.
  • Given the challenges of collection, many managers are unlikely to use data to determine cost-savings or take a closer look at their programs or functions.
More than half of the respondents say their agency or program may consider downsizing the federal workforce in order to achieve cost-savings, while only 23 percent of respondents will analyze data to review the outcomes of programs, reduce improper payments or consolidate their business systems.
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