Big data gets big funding


Posted on March 29, 2012  /  0 Comments

US government gets behind big data. We agree, we’re getting into big data too. Difference is that in our countries there are not that many big data streams.

Big data refers to the rising flood of digital data from many sources, including the Web, biological and industrial sensors, video, e-mail and social network communications. The emerging opportunity arises from combining these diverse data sources with improving computing tools to pinpoint profit-making opportunities, make scientific discoveries and predict crime waves, for example.

“Data, in my view, is a transformative new currency for science, engineering, education, commerce and government,” said Farnam Jahanian, head of the National Science Foundation’s computer and information science and engineering directorate. “Foundational research in data management and data analytics promise breakthrough discoveries and innovations across all disciplines.”

On Thursday, the National Science Foundation will announce a joint program with the National Institutes of Health seeking new techniques and technologies for data management, data analysis and machine learning, which is a branch of artificial intelligence.

Comments are closed.