NVTC Hosts Datapalooza Event to Promote the Region’s Big Data Assets

On May 14, more than 150 Big Data professionals, academic partners and students from local universities attended Datapalooza at Gannett in McLean, Virginia, hosted by the NVTC Big Data and Analytics Committee to highlight the region’s assets and opportunities in Big Data and Analytics. The event featured keynote remarks by PV Boccasam, CEO of Orchestro, serial entrepreneur and general partner of NBVP; and Dr. Ryan Bosch, vice president of Epic Team and Informatics, chief medical information officer (CMIO), Inova Health System; as well as a panel of Big Data experts from regional companies.

PV Boccasam.
PV Boccasam addresses the audience at NVTC’s Datapalooza on May 14.

During his opening keynote, PV Boccasam shared that the Big Data industry is “an incredible business to be in,” and that the region "can become the complex data capital," particularly with the federal government as the biggest venture capitalist and a key economic force in the region. “You could not start a company in a better place,” he said. Boccasam also discussed how important Big Data is to the success of a variety of businesses. "Show me a business that doesn't use data and I'll show you a dead business,” he said. Once companies learn how to tap into and utilize their data, they can make money, he said.

Panelists discuss the value of Big Data and how companies should be utilizing it on May 14, 2015 at NVTC’s Datapalooza.

The Big Data panel, which consisted of Logi Analytics’ Kevin Greene, Capital One’s Scott Hallworth, Opower’s Thomas Kramer, Telos Corporation’s Richard Robinson and ICF International’s David Speiser, echoed many of Boccasam’s sentiments. They discussed the transformative value of Big Data and how companies in the region should be helping the government use data to make policy decisions. The panelists agreed that the region has all the ingredients to dominate in the Big Data sector, particularly data centers, access to the cloud, and talent. However, they argued that the region’s universities need to build density, come to where the businesses are, and focus on educating the future Big Data workforce in subjects such as coding, mathematics, and data management. Finally, panelists suggested that companies should become involved in custom data, which they predicted will offer tremendous growth opportunities in the future.

Dr. Ryan Bosch.
Inova’s Dr. Ryan Bosch shared how Big Data is affecting healthcare IT at NVTC’s Datapalooza on May 14, 2015.

Closing out the event, Inova’s Dr. Ryan Bosch discussed the use of Big Data in healthcare IT. He described efforts he has led to centralize and standardize the information systems at Inova, centralizing patient data across divisions and locations. Through his presentation, Bosch provided evidence that the data revolution is transforming all markets. In healthcare, he said, the industry needs “iterative, transparent and agile development to achieve the vision of Big Data.” Inova has become more disciplined in data, he said, because of the centralization of its system. In addition, although medicine requires active monitoring of communication and expectations, resulting in more data input by doctors, centralized data gleans knowledge and ultimately benefits the patient and the organization as a whole.

Attendees networked and speak to company representatives at NVTC’s Datapalooza on March 14, 2015 at Gannett in McLean, Virginia.

Any company involved in the Big Data and Analytics space is invited to join the committee or to attend its upcoming networking event to connect members of the region's big data community. Companies are also encouraged to submit their information for a free listing in an upcoming directory of Big Data companies, capabilities and assets the committee is developing to stimulate economic growth and promote the Commonwealth and the region as a national and global center for Big Data and Analytics.