“There’s an untapped market for the use of big data. We’ve been helping government clients manage big data for years. Now, we’re eager to make it more available.”
For a feature piece in PwC’s “Keyword” publication, Jim Reagan, a PwC alumnus and current chief financial officer of The SI Organization, spoke about his firm’s efforts to reach more customers by expanding its focus on big data and analysis solutions.
The career finance executive leads the development and implementation of financial strategies at the “data-driven” systems engineering and integration contractor, where “data is behind every decision we make.”
In addition to hosting and brokering government information, the SI is developing applications to “build bridges” between private-sector data owners, application providers and their customers, according to the publication.
“Data analytics has almost countless uses,” Regan tells PwC. “But it’s not useful to a customer unless you marry the data with the right application.”
The company is looking to bolster its portfolio in geospace and healthcare, two very large addressable spaces that have commercial customer bases in addition to federal, state and local government buyers.
Just to name some, PwC identifies geosptial data as “the kind stemming in from commercial and government satellites, high-flying aircrafts, radar and sensors that inform things like GPS devices, weather forecasts, commercial shipping routes, crop forecasts and tax assessments.”
With such a large amount of sources, “the challenge is not one of gathering data, which happens continuously,” adds Drew Perez, an intelligence solutions executive at HIGHFLEET. “The problem is understanding what it means.”
Accordingly, “some of these agencies have terabytes of data, and for them, it’s a storage headache and a cost,” Reagan tells Keyword.
“We can help show them how they can manage data more effectively and how they can get some return on the investment by making the data available for resale.”
To read more about opportunities the SI Organization is pursuing at the intersection of healthcare and big data analytics, click here to read PwC’s full coverage.