Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

Budget 2014: Alan Turing Institute to lead big data research

19/03/2014 by

W1siziisijiwmtqvmtavmjgvmtuvndgvmtivndk4l2zpbguixsxbinailcj0ahvtyiisijywmhg0mdbcdtawm2uixv0


George Osborne has announced £42m fund to help make UK a world leader in big data and algorithm research.

A £42m Alan Turing Institute is to be founded to ensure that Britain leads the way in big data and algorithm research, George Osborne announced.

Drawing on the name of the famous British mathematician who led codebreaking work during the second world war at Bletchley Park, the institute is intended to help British companies by bringing together expertise and experience in tackling problems requiring huge computational power.

The tender to house the institute will be produced this year. It may be a brand-new facility or use existing space in a university, a Treasury spokesman said. Its funding will come from the Department for Business, Innovation and Skills, and its chief will report to the science minister, David Willetts. No staffing numbers or chief executive have been announced.

“The intention is for the work to benefit British companies to have an advantage in big data,” the spokesman said.

Turing was a pivotal figure in mathematics and computing. His codebreaking work led to the cracking of the German “Enigma” codes, which used highly complex encryption, using an electromechanical system. He later formed a number of theories that underpin modern computing, and formalised the idea of algorithms – sequences of instructions – for a computer.

His codebreaking work is reckoned to have saved hundreds or even thousands of lives.

This article has been extracted from http://www.theguardian.com, please click on this link to read the article in full http://www.theguardian.com/technology/2014/mar/19/budget-2014-alan-turing-institute

Montash is a multi-award winning , global IT recruitment firm. Specialising in permanent and contract positions across mid-senior appointments across a wide range of industry sectors and IT functions including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Scientific Technologies, Demand IT and Business Engagement, Digital and E-commerce, Infrastructure and Service Delivery, Project and Programme Delivery.

For more information please contact us on +44 (0) 20 7014 0230 or alternatively send us an email on info@montash.com.

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtyvmtivmdivmtavmdcvntcvotkwl2j1c2luzxnzigludgvsbglnzw5jzs5qcgcixsxbinailcj0ahvtyiisijm4mhgxmdajil1d

Annual growth rate for BI market set at 8.4%

2016-12-02 10:00:00 +0000

A new report has suggested that the compound average growth rate (CAGR) for the business intelligence (BI) market between 2016 and 2021 is likely to be around 8.4 per cent. The latest publication, named Global Business Intelligence Market by Mobile BI, Cloud BI, and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015-2021, said that 2015 saw the global BI sector valued at $16.33 billion. By 2021, this is expected t...

W1siziisijiwmtyvmtevmzavmtavmjavntuvndgzl09jbcbyawcgc2vhlmpwzyjdlfsiccisinrodw1iiiwimzgwedewmcmixv0

Crisis in oil and gas industry nears turning ...

2016-11-30 10:00:00 +0000

A new report has suggested that the current crisis being experienced by the gas and oil industry is nearing a turning point. As part of the 25th Oil and Gas Survey, it was found that although two-thirds of firms had cut employment levels in 2015, the speed at which these cuts are occurring has slowed. In addition, other methods of saving have been utilised to drive operational costs down. Amongst the firms questioned, it was found that 67 per cent of bu...