Kelly Ng writes the government intends for the funding to help form big data research centers at universities.
The Medical Research Council is tasked with performing research on biological data storage and processing with $82 million in funding, according to the report.
The Economic and Social Research Council will receive $23 million to establish four research centers at Glasgow, Essex and Leeds universities and University College London, report FutureGov.
Ng writes the Natural Environment Research Council will spend $7.5 million of the budget to initiate 24 environmental analytics projects.
The Arts and Humanities Research Council will work to convert various musical scores into online images under a $6.5 million budget, the report says.