Welcome!

Big Data Journal Authors: Jnan Dash, Elizabeth White, Esmeralda Swartz, Pat Romanski, Kira Makagon

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]

About XBRL US

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
“We help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
In this demo at 15th Cloud Expo, John Meza, Product Engineer at Esri, showed how Esri products hook into Hadoop cluster to allow you to do spatial analysis on the spatial data within your cluster, and he demonstrated rendering from a data center with ArcGIS Pro, a new product that has a brand new rendering engine.
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
Performance is the intersection of power, agility, control, and choice. If you value performance, and more specifically consistent performance, you need to look beyond simple virtualized compute. Many factors need to be considered to create a truly performant environment. In his General Session at 15th Cloud Expo, Harold Hannon, Sr. Software Architect at SoftLayer, discussed how to take advantage of a multitude of compute options and platform features to make cloud the cornerstone of your onlin...
Hardware will never be more valuable than on the day it hits your loading dock. Each day new servers are not deployed to production the business is losing money. While Moore's Law is typically cited to explain the exponential density growth of chips, a critical consequence of this is rapid depreciation of servers. The hardware for clustered systems (e.g., Hadoop, OpenStack) tends to be significant capital expenses. In his session at Big Data Expo, Mason Katz, CTO and co-founder of StackIQ, disc...
Software Defined Storage provides many benefits for customers including agility, flexibility, faster adoption of new technology and cost effectiveness. However, for IT organizations it can be challenging and complex to build your Enterprise Grade Storage from software. In his session at Cloud Expo, Paul Turner, CMO at Cloudian, looked at the new Original Design Manufacturer (ODM) market and how it is changing the storage world. Now Software Defined Storage companies can build Enterprise grade ...
Can the spatial component of your Big Data be harnessed and visualized, adding another dimension of power and analytics to your data? In his session at Big Data Expo®, John Meza, Product Engineer and Performance Engineering Team Lead at Esri, discussed the spatial queries that can be used within the Hadoop ecosystem and their integration with GeoSpatial applications. The GIS Tools for Hadoop project was also discussed and its implementation to discover location-based patterns and relationships...
In this Women in Technology Power Panel at 15th Cloud Expo, moderated by Anne Plese, Senior Consultant, Cloud Product Marketing at Verizon Enterprise, Esmeralda Swartz, CMO at MetraTech; Evelyn de Souza, Data Privacy and Compliance Strategy Leader at Cisco Systems; Seema Jethani, Director of Product Management at Basho Technologies; Victoria Livschitz, CEO of Qubell Inc.; Anne Hungate, Senior Director of Software Quality at DIRECTV, discussed what path they took to find their spot within the tec...
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
Software AG and Wipro Ltd. have announced a joint solution platform for streaming analytics that provides real-time actionable intelligence for the Internet of Things (IoT) market. “The key to successfully addressing the IoT market is the ability to rapidly build and evolve apps that tap into, analyze and make smart decisions on fast, big data”, said John Bates, Global Head of Industry Solutions and CMO, Software AG. To address the huge market potential created by streaming analytics in conj...
Amazon, Google and Facebook are household names in part because of their mastery of Big Data. But what about organizations without billions of dollars to spend on Big Data tools - how can they extract value from their data? In his session at 6th Big Data Expo®, Ali Ghodsi, Co-Founder and Head of Engineering at Databricks, discussed how the zero management cost and scalability of the cloud is addressing the challenges and pain points that data engineers face when working with Big Data. He also s...
We’re no longer looking to the future for the IoT wave. It’s no longer a distant dream but a reality that has arrived. It’s now time to make sure the industry is in alignment to meet the IoT growing pains – cooperate and collaborate as well as innovate. In his session at @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, will examine the key ingredients to IoT success and identify solutions to challenges the industry is facing. The deep industry expertise be...
DevOps means different things to different people. Qubell defines DevOps as the ability for the developer teams to do what they need to do to have this level of self-service. At DevOps Summit, Stan Klimoff, CTO of Qubell, demos the enterprise DevOps platform.
SYS-CON Events announced today that that Innodisk, the service-driven provider of industrial embedded flash and DRAM storage products and technologies, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Innodisk is a service-driven provider of industrial embedded flash and DRAM storage products and technologies. With satisfied customers across the embedded, aerospace and defense, cloud storage markets an...
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money!
Eighty-five percent of companies store information in some sort of unstructured manner. In this demo at 15th Cloud Expo, Mark Fronczak, Product Manager at Solgenia, discussed their enterprise content management solution, which was created to help companies organize and take control of their digital assets.

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's

Midway through the decade, the experts from Veeva Systems – a leader in cloud-based software for the global life sciences industry – look at what’s on the horizon over the next five years. Their forecasts are informed by a vision for what’s next in technology and insight gleaned from Veeva’s 200+ life sciences customers worldwide. Overall, these predictions reflect how new innovations will enable faster time to market, evolving commercial models, and new ways to support physicians and patients. ...