The United Nations describe Big Data as “data sources with a high volume, velocity and variety of data, which require new
tools and methods to capture, curate, manage, and process them in an efficient way.”
While Big Data may exist in both government and non-government organisations, the scope of SCAD’s Big Data project is limited to
non-government data sources. Potential new government data sources are currently being explored as part of SCAD’s Administrative Data project.
The criteria for SCAD using Big Data will be:
- it must improve the accuracy/timeliness of existing Official Statistics, or
- It will create new testable Official Statistics.
Examples of Big Data may include: financial transactions, interactions through social media, search terms from internet search engines, mobile phone
data, retail price data, weather and pollution sensors, and many more... Read more