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

  • 2020 Government Innovation Awards
    Government Innovation Awards - https://governmentinnovationawards.com

    21 Public Sector Innovation award winners

    These projects at the federal, state and local levels show just how transformative government IT can be.

  • Federal 100 Awards
    cheering federal workers

    Nominations for the 2021 Fed 100 are now being accepted

    The deadline for submissions is Dec. 31.

Stay Connected