Big data applications have export potential

Big data provides Finland with many opportunities, but its utilization requires extensive cooperation. This is pointed out by the working group on data utilization in its report handed to Krista Kiuru, Minister of Education and Science.

Big data refers to diverse collections of data, the utilization of which requires advanced data processing and analysis methods. Social media, various control and reporting systems as well as registers are among the sources of data generation.

The broadly-based working group set up by the Ministry of Transport and Communication proposes measures with the help of which companies, administration and research as well as private individuals could better utilize data. By more effective and innovative use of data, apart from economic growth, improvement in social wellbeing and productivity can be aimed at.

Cooperation and exchange of data should be promoted by providing support especially to small and medium-sized companies and to technology developers in the industry in their big-data efforts.

The intention is to draw up, in the autumn of 2014, a government resolution based on the working group's strategy draft.