A new collaboration called the National Consortium for Data Science (NCDS) aims to make North Carolina a national hub for data-intensive business and data science research, a move that will help develop a national strategy to ensure U.S. leadership in the data-driven global economy.
The consortium, launched at RENCI, the Renaissance Computing Institute at the University of North Carolina at Chapel Hill, unites data researchers in academia with data creators and users in business and government. Industry leaders, major research universities, and nonprofit and government organizations are NCDS founding members.
Together they will address the challenges related to collecting, sharing and using large, diverse data collections, or big data. The NCDS will look at ways to harness big data as an economic engine, such as developing data-centric businesses, conducting multidisciplinary data science research and supporting new data science education programs.
"Those who harness the power of big data and use it to develop new data-intensive business sectors will be the winners in the 21st century economy," said Stanley C. Ahalt, director of RENCI and a chief organizer of the NCDS, and professor of computer science at UNC-Chapel Hill. "Our members understand that, want to find solutions to big data problems and put North Carolina on the map as a center of data science innovation."
Big data refers to the large, multidimensional data sets that are used and created every day by scientists, engineers, consumers, social media users, financial institutions, hospitals and clinics and more. These big data take the form of electronic medical records, medical images, financial and business transaction records, and scientific data ranging from genomic sequences to models used in meteorology to data collected by telescopes and environmental sensors.