Question

How do you see the use of Advanced Analytics being applied in the public sector setting? Do you see its use for instance in some of the emerging financial areas such as continuous auditing?

Answer 1

Ans)

Advanced Analytics are suited to a wide range of public sector areas including:

Cities and regional government: Advanced Analytics help local government bodies manage costs, optimize services, manage infrastructure smartly and build performance management frameworks that create and show value to all stakeholders

Tax and welfare: Advanced Analytics use advanced predictive analysis techniques to detect fraud and maximize collection through optimized and cost effective customer contact programs

Public security: Advanced Analytics deploy advanced analytical techniques with software partners Palantir and SAS, to support a wide range of public security operations

Healthcare: Advanced Analytics handle all aspects of information challenges, from core information management to patient information exchange to bringing clarity and insight to clinical performance

Defense: Advanced Analytics make sense of complex logistics information tracking and data security to deliver best-in-class performance

Education: Advanced Analytics help optimize curriculums and course performance to get the most value from the available resources.

Yes I see its use for instance in some of the emerging financial areas such as continuous auditing. It helps to control misuse of resources and prevent from fraud.