Big Data Benefits U.S. Businesses

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Created on December 17, 2014

The landmark joint partnership between the Harvard Business School and the U.S. government, created to give businesses access to new tools to compete in an increasingly competitive global economy.

How does it work? In short, the project uses over 50 million open data records to identify “clusters” of related industries that can be hubs of innovation, jobs, and private investment.

How does it benefit businesses and communities? The cluster mapping tool helps "promote America's clusters and provide businesses and organizations with the data and strategies they need to capitalize on their region's assets," says U.S. Secretary of Commerce Penny Pritzker.

Read more on why regional economies are the “building blocks of U.S. competitiveness” or check out a list of current industry clusters and their corresponding dashboards.

"Our cluster mapping tool gives us the ability to reinvent and modernize economic development strategies – all driven by open data. Local officials are using it to make strategic investments, recruit new companies, and lay the groundwork for new industries." U.S. Commerce Secretary Penny Pritzker champions U.S. Cluster Mapping site