@BigDataExpo Authors: Liz McMillan, Ed Featherston, Pat Romanski, Roger Strukhoff, William Schmarzo

News Feed Item

Changes in Government and Business Reporting via DATA Act and SBR to be Featured at XBRL International Conference, June 9-11, Orlando, Florida

XBRL International, the global standards organization dedicated to improving business reporting, today announced that its upcoming conference: Better Data for Better Decisions, will feature the implications and opportunities presented by the Digital Accountability and Transparency (DATA) Act.

The DATA Act is a key part of US Government financial transparency measures and represents a significant change in the way that public sector expenditures will be monitored in an age of open data. Together with a range of other transparency initiatives, it opens up a huge new set of opportunities and challenges for government agencies and all of those in the private sector that deal with government.

“Federal agencies, businesses that serve federal agencies and recipients of federal funds will need to adapt to the new reporting requirements in the DATA Act. This conference will help them formulate their strategy and take advantage of the opportunities this new legislation presents. The US is at the cutting edge of this kind of ‘transparency through big data’ and the conference is a unique opportunity for professionals from other countries to understand this new initiative,” said John Turner, CEO, XBRL International, “We will also focus on the long term efforts underway in Europe and Australasia to get government agencies to reduce red tape via standard business reporting, or “SBR”. These efforts work via active interagency cooperation in data collection. They result both in reducing the burden imposed on business and on the modernization of reporting, giving rise to new efficiencies in business-to-government as well as business-to-business interactions. It’s a story that needs to be told so that these outcomes can be replicated in other parts of the world.”

Government-focused sessions and topics include:

  • Keynote speakers: Linda Powell, Chief Data Architect, US Treasury; Joel Gurin, author Open Data Now, NYU E-Gov Lab; and Cees de Boer, Dutch SBR Council
  • Implications of the DATA Act: policy implications, which agencies are affected, what data is reported, which systems need to be transformed to adapt to structured data
  • Data transparency initiatives already underway at US Treasury
  • Case studies on how Australia and the Netherlands have reduced red tape and cost through SBR
  • Interactive workshop on successfully implementing an XBRL program in a regulatory environment
  • Technical demonstrations on inline XBRL, dimensional modeling, normalization, the XBRL specification, and more

Speakers will represent US Treasury, the US Securities and Exchange Commission (SEC), the Federal Deposit Insurance Corporation (FDIC), the Financial Accounting Standards Board (FASB), plus the Dutch Center for Standards, Netherlands Tax & Customs, Her Majesty’s Revenue & Customs (HMRC) and more.

Regulators and other policy makers, IT professionals and technologists, government contractors and businesses that provide grants and contract management services should attend.

The conference will also feature a Financial track, with sessions and speakers on corporate financial fundamentals, corporate actions and banking.

Learn more and register at http://conference.xbrl.org. Media representatives should contact [email protected] for complimentary media passes.

About XBRL International

XBRL International (XII) is a global, not-for-profit consortium of over 600 organisations working together to enhance and improve business reporting through the XBRL standard. XII currently has affiliated Jurisdictions in 23 countries in Europe, Asia, Africa and North America. This collaborative effort began in 1998 and continues to produce a variety of specifications and taxonomies to support the collection and use of structured data for a wide variety of applications, including reporting for securities, taxation, banking, insurance and environmental sustainability. Learn more at http://www.xbrl.org. Contact: David Nitchman, Director, Communications, +1 207 370 0185, [email protected]


XBRL US is the non-profit consortium for XBRL business reporting standards in the U.S. and it represents the business information supply chain. Its mission is to support the implementation of XBRL business reporting standards through the development of taxonomies for use by U.S. public and private sectors, with a goal of interoperability between sectors, and by promoting XBRL adoption through marketplace collaboration. XBRL US has developed taxonomies for U.S. GAAP, credit rating and mutual fund reporting under contract with the U.S. Securities and Exchange Commission, and has developed a taxonomy for corporate actions. Learn more at http://xbrl.us. Contact: Michelle Savage, Vice President, Communications, 917 747 1714, [email protected]

About the DATA Act

The DATA Act legislation mandates the use of a widely-used, nonproprietary data standard for reporting by federal agencies. It requires the U.S. Treasury Department and the White House Office of Management and Budget (OMB) to adopt data standards for all spending reporting and was passed by both the U.S. House of Representatives and the U.S. Senate in April. The legislation gradually phases in standards for reporting by agencies to openly available databases at Treasury, OMB, Commerce and GSA.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@BigDataExpo Stories
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
A completely new computing platform is on the horizon. They’re called Microservers by some, ARM Servers by others, and sometimes even ARM-based Servers. No matter what you call them, Microservers will have a huge impact on the data center and on server computing in general. Although few people are familiar with Microservers today, their impact will be felt very soon. This is a new category of computing platform that is available today and is predicted to have triple-digit growth rates for some ...
Governments around the world are adopting Safe Harbor privacy provisions to protect customer data from leaving sovereign territories. Increasingly, global companies are required to create new instances of their server clusters in multiple countries to keep abreast of these new Safe Harbor laws. Is it worth it? In his session at 19th Cloud Expo, Adam Rogers, Managing Director of Anexia, Inc., will discuss how to keep your data legal and still stay in business.
SYS-CON Events announced today that MathFreeOn will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MathFreeOn is Software as a Service (SaaS) used in Engineering and Math education. Write scripts and solve math problems online. MathFreeOn provides online courses for beginners or amateurs who have difficulties in writing scripts. In accordance with various mathematical topics, there are more tha...
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ...
SYS-CON Events announced today that Niagara Networks will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and ...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
SYS-CON Events announced today that Cemware will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Use MATLAB functions by just visiting website mathfreeon.com. MATLAB compatible, freely usable, online platform services. As of October 2016, 80,000 users from 180 countries are enjoying our platform service.
Virgil consists of an open-source encryption library, which implements Cryptographic Message Syntax (CMS) and Elliptic Curve Integrated Encryption Scheme (ECIES) (including RSA schema), a Key Management API, and a cloud-based Key Management Service (Virgil Keys). The Virgil Keys Service consists of a public key service and a private key escrow service. 

SYS-CON Events announced today that Embotics, the cloud automation company, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Embotics is the cloud automation company for IT organizations and service providers that need to improve provisioning or enable self-service capabilities. With a relentless focus on delivering a premier user experience and unmatched customer support, Embotics is the fas...
The Internet of Things (IoT), in all its myriad manifestations, has great potential. Much of that potential comes from the evolving data management and analytic (DMA) technologies and processes that allow us to gain insight from all of the IoT data that can be generated and gathered. This potential may never be met as those data sets are tied to specific industry verticals and single markets, with no clear way to use IoT data and sensor analytics to fulfill the hype being given the IoT today.
DevOps is speeding towards the IT world like a freight train and the hype around it is deafening. There is no reason to be afraid of this change as it is the natural reaction to the agile movement that revolutionized development just a few years ago. By definition, DevOps is the natural alignment of IT performance to business profitability. The relevance of this has yet to be quantified but it has been suggested that the route to the CEO’s chair will come from the IT leaders that successfully ma...