It is not only the private companies but also the government that is now looking to utilize data for analysis purposes.
It is now said that the central government is planning for an advanced technology platform to be able to host and interpret huge amount of data.
This will in turn help the government study and analyze citizens’ data, spending patterns of the government, consumption trends and the success of various government policies.
The tech platform would most likely acquire the data from central ministries and state governments.
The data platform could be named as National Data & Analytics Platform which will work in collaboration with private players.
The platform will be the single source of sectoral data for citizens, policymakers and researchers.
Many large Information Technology companies have already shown interest in the project.