First Look at FY 2020 – 2022 Federal Big Data Spending Trends
GovWin IQ, Deltek’s market intelligence platform for government contracting opportunities, has published a new analysis of federal spending on Big Data in FY 2020-2022. The last 3 fiscal years ushered in the first requirements of the Evidence Act, including the growth of the Chief Data Office role and the increased emphasis on data management, accessibility, integration, and dissemination.
According to the report, Big Data obligations increased 12% in this span of 3 years, ending at $6.2B in FY2022. Deltek categorized and totaled all Big Data spending into eight categories:
- Analysis Support
- Artificial Intelligence and Machine Learning
- Big Data Systems and Platforms
- Data Management and Integration
- High Performance Computing
The full summary of GovWin’s analysis can be found on the publicly available page linked below.