Education expands use of business intelligence software

The Education Department has expanded its use of the business intelligence platform from MicroStrategy Inc. of McLean, Va., for the Office of Federal Student Aid's Common Services for Borrowers contract.

FSA, which administers student financial assistance programs, has purchased MicroStrategy software licenses and maintenance services valued at about $885,000, the company said today.

The Common Services for Borrowers contract will consolidate the department's direct loan servicing functions, loan consolidation processes and collection activities for $96 billion in student loan obligations. Currently, five separate systems perform the functions that one system will handle under the new contract.

MicroStrategy's business intelligence platform is designed to analyze vast amounts of data, be scalable, with query and reporting features and a Web interface.

About the Author

Mary Mosquera is a reporter for Federal Computer Week.

Featured

  • Records management: Look beyond the NARA mandates

    Pandemic tests electronic records management

    Between the rush enable more virtual collaboration, stalled digitization of archived records and managing records that reside in datasets, records management executives are sorting through new challenges.

  • boy learning at home (Travelpixs/Shutterstock.com)

    Tucson’s community wireless bridges the digital divide

    The city built cell sites at government-owned facilities such as fire departments and libraries that were already connected to Tucson’s existing fiber backbone.

Stay Connected