The government in New South Wales (NSW) confirmed it has tapped Microsoft's Azure cloud expertise to help commercialise its data science. The initial point of the collaboration will to help the Australian region with its AU$30 billion procurement spend. Microsoft's local Australian division will work directly with the NSW Data Analytics Centre (DAC) to provide data solutions within and outside the government. DAC was created in 2015 and will now leverage Microsoft's Azure to create machine learning. Specifically, it will use the neural network to allocate the AU$30 billion procurement budget that is given to NSW each year. “The NSW Data Analytics Centre is an employer of some of the best data scientists who are spearheading data analytics inside of government,” NSW Minister of Finance, Services and Property Victor Dominello said. “Our partnership with Microsoft will allow the NSW DAC to go a step further, servicing not just NSW government agencies, but governments and corporates around the world. The DAC will leverage Microsoft's deep engineering expertise with the goal of commercialising within a year.” Dominello emphasized the importance of data, describing it as one of the government's most important assets. Microsoft is working with DAC on a proof of concept targeted to eight million transactions that are undertaken through each procurement budget.
Microsoft Azure Data Helps NSW Government Manage Procurement Budget
The NSW government has collaborated with Microsoft to use Azure machine learning to manage its annual funding and to monetize data.