Big Data : The New Oil

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1 Big Data : The New Oil Data Driven Innova7on: $ 15 billion by 2015 Data Driven Innova,on for Growth and Well Being: OECD Report: Interim Synthesis Report 2014 The new data- driven era of scien7fic discovery The role of data in enhancing health outcomes Harnessing data for bener governance Cloud compu7ng, analy7cs, and other key enablers Skills and other implica7ons on employment Ensuring trust in the data- driven economy Measuring investments in data as KBC

2 Promo7ng Skills for the Data Driven Economy Es7mated need for deep analy7cs skills in US es7mated to be 200,000 by Even larger gap approx 1,5 milliion es7mated for manager/analysts

3 Chalmers Ini7a7ve Seminar on Big Data March 2014 ring ant no , 0227, The image cannot be displayed. Your computer may not have enough memory to open the image, or the image may have been corrupted. Restart your computer, and then open the file again. If the red x still appears, you may have to delete the image and then insert it again. The image cannot be displayed. Your computer may not have enough memory to open the image, or the image may have been corrupted. Restart your computer, and then open the file again. If the red x still appears, you may have to delete the image and then insert it again., Australia The image cannot be displayed. Your computer may not have enough memory to open the image, or the image may have been corrupted. Restart your computer, and then open the file again. If the red x still appears, you may have to delete the image and then insert it again.

4 ANendance Totalt var 485 personer registrerade som besökare under ini7a7vseminariet om Big Data. Chalmers 130 Göteborgs universitet 25 Astra Zeneca 60 Volvo 45 Västra Götalandsregionen 10 Ericsson 10 Teradata 10 Därutöver enstaka representanter från it- företag, bilindustrin, webbkonsultbyråer och andra lärosäten i Sverige.

5 What is Data Science? Data science is the study of the computa7onal principles, methods, and systems for extrac7ng knowledge from data. Large data sets are now generated by almost every ac7vity in science, society, and commerce ranging from molecular biology to social media, from sustainable energy to health care. (University of Edinburgh)

6 What is Data Science (cont d) Data science asks: How can we efficiently find pa<erns in these vast streams of data? Many research areas have tackled parts of this problem: machine learning focuses on finding panerns and making predic7ons from data; databases are needed for efficiently accessing data and ensuring its quality; ideas from algorithms are required to build systems that scale to big data streams; and natural language processing, computer vision, and speech processing are each needed for analysis of different types of unstructured data. Recently, these dis7nct disciplines have begun to converge into a single field called data science.

7 OECD Defin7on Data Science Founda7ons: machine learning/ sta7s7cs, algorithms, convex op7miza7on Data Engineering: unstrcutured database technologies such as MongoDB, Cassandra, Hadoop, Yarn, Storm, Spark Data Intensive Applica7ons: Genomics, Radiomics, NLP, Bunsiness intelligence, Vision, Robo7cs

8 hnp://idse.columbia.edu/

9 There are 48 founding members of the ins7tute with over 150 affiliated faculty. There are currently nine schools within Columbia that are a part of the Ins7tute: Engineering Arts & Science Journalism Business Architecture Interna7onal & Public Affairs Medical School Public Health Law Cybersecurity Center Financial and Business Analy7cs Center Founda7ons of Data Science Center Health Analy7cs Center New Media Center Smart Ci7es Center

10 hnp://cds.nyu.edu/

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12 Berkeley Ins8tute for Data Science (BIDS) November 12, UC Berkeley is establishing a new ins7tute to enable university researchers to harness the full poten7al of the data- rich world that today characterizes all fields of science and discovery. The Berkeley Ins8tute for Data Science (BIDS) is part of a mul7- million dollar effort supported by the Gordon and BeNy Moore Founda7on and the Alfred P. Sloan Founda7on. previously: Social Sciences Data Laboratory (D- Lab) for data- intensive social science research

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14 hnp://datascience.inf.ed.ac.uk/

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