The NSW Government is tapping into Microsoft’s Azure cognitive capabilities to build a machine learning neural network to categorise how its $30 billion annual procurement budget is allocated each year.
The non-exclusive MoU sees the NSW Data Analytics Centre (DAC) work with Microsoft to commercialise its data science capabilities and optimise its ability to offer products both inside and outside of government.
The proof-of-concept being developed by the NSW DAC and Microsoft is intended to focus on the 8 million transactions which make up NSW’s $30 billion annual procurement budget, Microsoft said in a blog post.
Read more here: https://www.arnnet.com.au/article/642246/nsw-govt-taps-azure-pin-down-30b-procurement-budget-spend/