The main objective of the NIRICT research in Data Science is to study the science and technology to unlock the intelligence that is hidden inside Big Data.
The amounts of data that information systems are working with are rapidly increasing. The explosion of data happens in a pace that is unprecedented and in our networked world of today the trend is even accelerating. Companies have transactional data with trillions of bytes of information about their customers, suppliers and operations. Sensors in smart devices generate unparalleled amounts of sensor data. Social media sites and mobile phones have allowed billions of individuals globally to create their own enormous trails of data.
The driving force behind this data explosion is the networked world we live in, where information systems, organizations that employ them, people that use them, and processes that they support are connected and integrated, together with the data contained in those systems.
Unlocking the Hidden Intelligence
Data alone is just a commodity, it is Data Science that converts big data into knowledge and insights. Intelligence is hidden in all sorts of data and data systems.
Data in information systems is usually created and generated for specific purposes: it is mostly designed to support operational processes within organizations. However, as a by-product, such event data provide an enormous source of hidden intelligence about what is happening, but organizations can only capitalize on that intelligence if they are able to extract it and transform the intelligence into novel services.
Analyzing the data provides opportunities for organizations to gather intelligence to capitalize historic and current performance of their processes and exploit future chances for performance improvement.
Another rich source of information and insights is data from the Social Web. Analyzing Social Web Data provides governments, society and companies with better understanding of their community and knowledge about human behavior and preferences.
Data Science within 3TU
Each 3TU institute has its own Data Science program, where local data science expertise is bundled and connected to real-world challenges.