BIG DATA AND ANALYTICS: DRIVING INNOVATION
Friday, May 9, 2014
8 a.m. to 10 a.m.
Ronald Reagan Building - Smith School Suite
1300 Penn. Ave., NW, Washington, D.C. 20004 [map]
Digital Technologies, Cloud Computing, Big Data, Mobile and Social Platforms are dramatically changing the business landscape around us. However, the ability to innovate and harness these new technologies requires vision and strong leadership. DIGITS, The Center for Digital Innovation Technology and Strategy at the Robert H. Smith School of Business, University of Maryland and Microsoft invite you to participate in a stimulating discussion on the role of big data and analytics in driving innovation. The breakfast session will feature a distinguished key note speaker and a panel of distinguished industry thought leaders who will share their experiences and expertise.
Government Keynote Speaker: Commissioner David Lebryk, Department of the Treasury
David A. Lebryk was appointed the first commissioner of the U.S. Department of the Treasury’s Bureau of the Fiscal Service (Fiscal Service) on October 7, 2012, when the Financial Management Service (FMS) and the Bureau of the Public Debt consolidated into one bureau. In his role as commissioner, Dave provides leadership, policy direction, and guidance for the bureau’s debt financing and financial management programs. The bureau issues over one billion in federal payments worth $2.4 trillion to more than 100 million people; collects nearly $3.2 trillion in federal revenues each year; and collects more than $6.2 billion in delinquent debts. The Fiscal Service is responsible for the issuance of more than $7.7 trillion in marketable securities to finance the public debt. The bureau manages a daily cash flow of more than $67 billion and accounts for the federal government’s debt of more than $16 trillion. The Fiscal Service produces the Daily and Monthly Treasury Statements, the Monthly Statement of the Public Debt, and the Financial Report of the United States Government. Commissioner Lebryk will share his vision for how Analytics and Technology is helping The Fiscal Service drive better decisions and creating a more efficient & effective organization.
Featured Analytics Case Study: Crop insurance program compliance and integrity data warehouse United State Department of Agriculture (USDA), Risk Management Agency (RMA)
The Risk Management Agency (RMA) of the U.S. Department of Agriculture (USDA) has pioneered the use of sophisticated data analytics to enhance program integrity at RMA in the Agricultural Risk Protection Act of 2000 (ARPA) and the program has produced over a billion dollars in cost-avoidance since its inception. That's a more challenging task than it might seem at first glance. After all, the Federal Crop Insurance Corporation, which is overseen by RMA, has more than a million policies outstanding in 3,200 counties. When drought afflicts farms in West Texas or floods drown corn fields in Iowa, sending agents out to confirm each claim is simply not feasible. Concerned about fraudulent crop-loss claims, Congress mandated the use of a data warehouse and data-mining technologies to improve crop insurance program compliance and integrity. Dr. Bert Little directs the day to day operation of RMAs data mining and data warehousing project and will share insights into the program’s success, technologies used and future direction.
Featured Industry Keynote: Tom Dohrmann, Director, McKinsey Center for Government
A recent McKinsey report, Open data: Unlocking innovation and performance with liquid information, identified more than $3 trillion in economic value globally that could be generated each year through enhanced use of open data. Tom is a co-founder of McKinsey’s Public Sector Practice in the Americas. He will provide insights into how organizations are using Big Data, Analytics and Liquid Data to drive innovation. Tom directs McKinsey’s work with tax authorities and public-finance agencies, as well as research on public-sector productivity. He also helps lead the McKinsey Center for Government’s work on fiscal management. Among other recent projects, Tom helped a public-finance agency develop its 5-year strategic plan, improve the performance of its IT department, and design a new customer-service organization. He also supported a human-capital transformation at the agency, which included the development of a dynamic people strategy, the streamlining of recruiting and hiring processes, and a significant reorganization of the HR function. In Tom’s recent work for a government department, he helped the client define a government-wide financial-management strategy; redesign the operations, organization, and IT infrastructure of one of its financial-management services; and improve debt collection by identifying more than $2 billion in incremental debt-collection opportunities and building business cases to support them. In 2008 and 2009, while on a leave of absence from McKinsey, Tom contributed to the financial regulatory work and reform efforts for the Obama administration’s transition team. Based in Washington, DC, Tom joined McKinsey in 1996. He holds a BA in political science from Macalester College and an MPA from Princeton University.
|Government and Industry Co-ordinator: Gaurav “GP” Pal, MBA
GP is a senior technology executive delivering cloud computing and big data solutions for Public Sector and Commercial clients. GP has an MBA from the Robert H Smith School of Business, University of Maryland and a BS in Computer Science from IIT-India. He is currently with Smartronix.
|DIGITS Co-Director: Dr. Il-horn Hann
Il‐Horn Hann is an associate professor of information systems at the University of Maryland’s Robert H. Smith School of Business and co‐director of the Center for Digital Innovation, Technology and Strategy (DIGITS).
|DIGITS Co-Director: Dr. Siva Viswanathan
Siva Viswanathan is an associate professor of information systems at the University of Maryland’s Robert H. Smith School of Business, and a co‐director of the Center for Digital Innovation, Technology and Strategy (DIGITS).
DIGITS – the Center for Digital Innovation, Technology, and Strategy at the Robert H. Smith School of Business, University of Maryland serves to leverage intellectual capital across academia, industry, and government. The center focuses on the study of emerging digital technologies and the impact of digital innovation on business functions, firm strategies and policy across a number of industry verticals. The center’s mission is to disseminate scholarly research, connect research with practice and policy, and to foster experiential learning for students. Prof. Il-Horn Hann and Prof. Siva Viswanathan serve as the Co-Directors of DIGITS.