Tagged / Predictive Analytics

Data Science and Analytics Training for Business

logo-czrneData Science and Analytics Training and Engagement Services for Business – HEIF project

We are experiencing an explosive growth of digital content. According to International Data Corporation, there are currently over 2.7 zetabytes of data. It is estimated that in 2020, the digital universe will be 50 times as big as in 2010 and that from now until 2020 it will double every two years.

The commercial world has been transformed by Big Data with companies competing on analytics. Data has become a commodity referred to as the ‘new oil’. We are entering a new era of predictive analytics and data intensive computing which has been recognised worldwide with various high profile reports. In a recent UK-wide report commissioned by SAS UK (one of our key industrial partners) it has been estimated that there will be about 132,000 big data job opportunities created in the UK economy between 2012 and 2017. McKinsey’s report states that by 2018 the US alone will face a shortage of between 140,000 to 190,000 people with deep analytical skills, while in the UK such shortage will be in the region of 58,000 (e-Skills UK5). Another SAS commissioned report focusing on “data equity” and its impact on the UK, states that increasing adoption of big data analytics will result in cumulative benefits of £216 billion over the years 2012-17.

Following the success of recently launched MSc in Applied Data Analytics, this HEIF project seeks to take advantage of a large demand for and addresses the widening advanced analytics skills gap. Our HEIF project focuses on:

  1. Engagement with industry through a provision of an on-going opportunity for contact, information and advice in the Data Science Surgeries which are open to businesses of all sizes as well as university staff and students. This service is to support the creation of Knowledge Exchange professional network in the Data Science and Analytics area helping to identify potential skillset needed as well as transfer of knowledge and collaborative research opportunities.
  2. Development of a portfolio of CPD/short courses within an area with acute UK-wide shortage of skills and where, within the Data Science community consisting of over 50 academics from four faculties, BU has a wealth of expertise and excellent track record.

Over time, the Data Science Surgeries and CPD courses will facilitate engagement between industry and the broader BU Data Science community, enabling us to build bridges and develop relationships with industry, as well as interdisciplinary research collaborations.  The new perspectives developed through this interdisciplinary collaboration will not only help to give a better understanding of some of the complex problems facing our society, but also help to inform both the teaching and professional practice undertaken by our academics -supporting the vision of Fusion at BU.

Three for the price of one: Keynote Talk, Outstanding Contribution Award and Media Appearance.

Prof Gabrys delivers a keynote talk at the KES 2014 international conference, receives the Outstanding Contribution to the KES International organisation award and appears in two popular Polish TV’s “Panorama” news programmes.

It was a very nice and productive trip to a beautiful Polish seaside city of Gdynia where the 18th International Conference on Knowledge-Based and Intelligent Information & Engineering Systems took place between the 14th and 17th of September 20014.

I thought that I was only going to deliver a keynote talk which in itself was a nice recognition of the ongoing work that we are doing in the areas of robust adaptive predictive modelling and data science and a great opportunity to talk to over 200 delegates from over 30 countries attending the conference but as it turned out there were some other attractions awaiting.

This very well organised conference attracted the attention of the Polish TV and the topics of data science, artificial intelligence or big data, all in the focus of our Data Science Institute at BU, were judged to be of considerable interest to the general public. Not only I had an opportunity to talk briefly about the conference topics during the TV coverage at the conference venue (which was aired in the evening news programme on the 15th of Sep) but together with one of the local organisers we were invited to the “Panorama” programme studio to take part in the morning news programme the following day (aired on the 16th of Sep). The interaction with the journalists and the production teams brought to my attention how important is our role in informing and educating about this very dynamically changing field and related technological innovations which have already had such a huge impact on our lives and will play even bigger role in the near future.

So whatever next, I thought. Well, there was another surprise around the corner. Though I have been involved in the KES International for a number of years it has come as a very pleasant surprise and an honour to receive the Outstanding Contribution to KES International award during the conference dinner.

An icing on the cake, you could say. 🙂