One of the latest buzz words in technology is “Big Data”. A recent story on NPR notes:
As the term suggests, it is huge in both scope and power. Analyzing big data enables anything from predicting prices to catching criminals, and has the potential to impact many industries.
DSA has applied Big Data principles to the analysis of property tax rolls. The size and scope of tax rolls were once an impediment to detecting fraud, however the opposite is true today. DSA’s Invalid Exemption Discovery System crunches through massive amounts of data looking for patterns that suggest property tax fraud.
Everywhere you look, there’s an opportunity to collect more data and then apply a statistical or mathematical approach to understanding what’s happening - Chris Kemp, chief executive officer of Nebula