Chancellor of the Exchequer, George Osborne, has announced plans for the establishment of a world class research centre for big data in the UK as part of his Budget 2014 statement.
The Alan Turing Institute for Data Science will benefit from a £42 million government investment over 5 years aimed at strengthening the UK’s aims to be a world leader in the analysis and application of big data. It also intended to ensure that the UK is at the forefront of data-science in a rapidly moving, globally competitive area, enabling first-class research in an environment that brings together theory and practical application.
Benefits of big data
The Centre for Economics and Business Research estimates that the big data marketplace could benefit the UK economy by £216 billion and create 58,000 new jobs in the UK before 2017.
The Institute will collaborate and work closely with other e-infrastructure and big-data investments across the UK Research Base including the Open Data Institute, Catapult Network, ARCHER and the Hartree Centre.
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Find out more about the remarkable career opportunities on offer at WSP - scroll down to watch the inspirational video.