Up to 300 new jobs are to be created at a new Dublin-based data analytics centre.
Though open since July, the Insight data analytics research centre will officially launch today, Thursday the 12th of December.
The aim of the new centre is to transform the masses of data generated by today's IT-rich society into actionable knowledge. According to Professor Barry Smyth of UCD :
'The ultimate aim is to help people make better decisions by harnessing the data that is available to us all. We have entered the age of "Big Data" and with it we are witnessing a quantum leap in the quantity and quality of information drawn from all aspects of our lives.'
Funded by Science Foundation Ireland, the centre is a joint initiative between University College Dublin, University College Cork, Dublin City University and NUI Galway. Additional funding for the initiative will come from over 40 corporate partners including Intel, Cisco, IBM and Microsoft.
Insight's areas of research will include machine learning and data mining; optimisation and decision analytics; and media analytics.