On May 16, at 10am, the House Committee on Oversight and Government Reform will host a public “DATA Demonstration Day” to show how today’s data technologies could illuminate waste and fraud, improve federal management, and enhance taxpayer accountability if federal spending data were fully standardized and published, as would be required by the proposed Digital Accountability and Transparency Act (DATA Act). From sector leaders like Microsoft, Google, and Coalition member Teradata to ambitious start ups like Poplicus, companies will demonstrate how the DATA Act would allow their innovative data search, publication, and analysis tools to “connect Big Data to Big Government.” Members of Congress, Congressional staff, and the public will meet in the foyer of the Rayburn House Office Building for live presentations from more than twenty technology companies.
Coalition member Teradata will show how data standards, such as common electronic identifiers for Medicaid recipients, have already saved taxpayer dollars at the state level. The Michigan government uses a Teradata warehouse to avoid spending Medicaid dollars on medical procedures that are already covered by private insurance plans and to detect claims submitted on behalf of deceased patients. The DATA Act would require the federal government to adopt common electronic identifiers for grantees and contractors, allowing for similar government-wide waste and fraud detection.
Coalition member IPHIX will show how the DATA Act’s data standards could connect federal records on loan guarantee recipients with regulatory filings by the same companies, allowing watchdogs to detect risks like the ones that caused the high-profile bankruptcy of solar panel manufacturer Solyndra.
Coalition member WebFilings will draw on its experience streamlining public companies’ financial reporting processes to show how federal grantees and contractors could save time and money creating filings if Congress consolidates assistance and procurement reporting via the DATA Act.
Companies confirmed to present at the DATA Demo Day include:
The DATA Demo Day will begin on Thursday, May 16 at 10:00 am in the first-floor foyer of the Rayburn House Office Building, facing Independence Avenue, and will be open to the public. The Oversight Committee has invited members of the media to RSVP to the Committee at firstname.lastname@example.org.
[Original Source: Data Transparency News]