Efficiency savings. By making smarter decisions about how departments are
organised and what work gets prioritised, the direct cost of government
operations can be reduced.
zz Reductions in fraud and error. The application of big data tools can help
identify sources of fraud and error in the welfare system, and target scarce
enforcement resources where they will have the best payoff.
zz Improvements in tax collection. Again the application of big data tools can
be used to detect and prioritise actions that will help close the tax gap (the
difference between theoretical tax liabilities and actual receipts collected by
the government).
(Curated by Dennis Moore. Read the complete article here)
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