We create data-driven insights for decision makers and policy teams based on real data
Too often, critical policy decisions are made or strategic decisions are taken based on limited data or out-of-date insights.
Our data-sharing partnerships mean that we create enduring and regularly updated interactive dashboards that provide near real-time insights showing what’s really happening. We can also make available rich insights that can be used to link with public and internal data.
Our data science capability means that we can create data visualisations and impact assessment tools to help policymakers deepen their understanding of the pressing societal issues and facilitates data-driven decision making.
Smart Data Foundry Covid Economic Dashboard
We partnered with NatWest Group to assess the impact of Covid on how people have earned, spent, and saved before, during and after the pandemic.
To provide the right support to the most impacted groups, policymakers need reliable, timely data on how society’s finances have been impacted by the pandemic.
Aggregate information on spending, payments, and bank balances reveal patterns and trends, adding important detail to the bigger picture of the pandemic’s economic impact.
Sharing this with UK Government departments through a regularly refreshed Covid Economic Dashboard gave policy makers near-real time insights into which businesses and social groups faced the greatest economic challenges throughout the pandemic and will lead to better, more targeted support.
Cost-of-living dashboards for UK councils
A local Scottish council wants a better understanding how their residents are impacted by the cost-of-living crisis in the post-Covid era.
How Smart Data Foundry is meeting the challenge
We are building a cost-of-living dashboard, using deidentified customer data from NatWest Group and augmenting this with other contextual data to create a view that will: -
- Understand where the cost-of-living is hitting hardest
- Show household type and factors of potential financial vulnerability
- Produce visual and written analysis which can be used to target resources to support households in need
- Be updated quarterly to keep insights up to date and relevant