National Industry Data Project
National Industry Data Project
The National Industry Data Project enables cross fertilisation of data and aggregates various datasets. The project provides a platform for accurate decision making through evidence. IMDA provides insights into historic and current economic trends. A complete picture of the market position is now available from Single Point of Truth (SPoT).
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The Information Management and Data Analytics (IMDA) project provides key strategic decision making capability and sophisticated information management for the Department of Economic Development, Jobs, Transport and Resources (DEDJTR), with a wide foot print across the Department. IMDA is a part of the Information Management & Technology (IM&T) Strategy.
The datasets from IMDA form critical economic information pillars of the economy: Employment, Population, Imports/Exports, Investment, and Education. These datasets help DEDJTR measure success and allows for the creation of value added products to better support decision making about Victoria’s future.
IMDA demand is high within various Departments of the State Government and other external organisations. IMDA consists of information about the significant economic drivers: jobs, exports, imports and investment.
The project aims to disseminate datasets to AURIN to support sophisticated and accurate decision making for Victoria’s economic development, understand the industry growth and stimulate the business by providing latest economic trends at the local and national level.
The end users of the data are researchers and policy makers within the AURIN research community.
The main objective of the project is to provide economic data to AURIN at the national level for improved accuracy in economic decision making and to deliver data insights.
Goals of the National Industry Data Project:
- To provide a cohesive set of connected data
- To expand on earlier work at DEDJTR
- To provide a platform to visualise the data
- To value add and provide further insights to disparate set of data
- To provide data of national significance with a zoom in capability for local views
The Victorian Department of State Development, Business and Innovation (DSDBI) aims to work with business, Government and the community to boost productivity, exports, investments and jobs, with the overall aim of making Victoria the leading economy in the country.
DEDJTR uses critical economic datasets via the Information Management and Data Analytics (IMDA) project. IMDA project is an outcome of 2009 Information Management and Technology Strategy. IMDA will compliment AURIN by providing economic data along with sophisticated analytical capabilities available in the IMDA tool via data in excel files and also a flash or .mht version of the data.
IMDA has a wide foot print in DEDJTR with a constant demand to automate the reports, processes and datasets of economic primary pillars: investment, education, jobs and employment. The project has successfully addressed critical decision making and information needs in DEDJTR. The other Government Departments interested in IMDA are the Department of Transport, Planning, Land and Infrastructure, Department of Environment, Land, Water and Planning, Victoria Police, Department of Justice, Department of Treasury and Finance, Department of Immigration and Border Protection, Tourism Victoria, Department of Education and Early Childhood Development and external bodies like City of Melbourne, the Australian Trade Commission (Austrade), and WorkSafe Victoria.
The branches using IMDA include Strategic Planning and Ministerial Services, Regional Development Victoria, Infrastructure Policy, Indigenous Economic Development, International Education, Invest Victoria and Policy & Research.
The end users of IMDA will have the capability to interactively query trends in an intuitive data presentation. IMDA not only provides the time series and geographical raw data but also provides an interactive way to view and understand the data at a glance through effective visualisation modules. These modules represent data in various forms like graphs, charts, tables, and spatial interactive maps with an ability to view the trends over time. The modules are an easy to read, one page summary of the data and information is provided. IMDA provides different reports and datasets together in a single view.
Some of the benefits of IMDA include:
- Rapid response to Ministerial requests
- Higher productivity (efficiency and effectiveness by reducing duplication of work in acquiring and storing data while (increasing the speed of decision making through evidence)
- Ability to shorten cycle times in order to deliver high quality, accurate advise to Ministers
- Accuracy & improved quality of decisions
- Sound, integrated policy making through better understanding of data analytics by providing the capability to efficiently analyse common, authoritative sources of data
- Access to large volumes of data with ease
- Enables contextual decision making
- Improved data reliability and multiple views for timely interpretation
- Decision making based on actual industry trends (current and historical)
- Provides comparative measure against different factors affecting the economy (jobs, export, investment)
|Dr. Suresh Hungenahally
03 9651 9540
|Shivangi Kulkarni (Main Contact)
IMDA Project Business Analyst
03 9651 9176
03 9651 9474