As the world deluged by digital data, universities hailed on the change to produce analysts and engineers suited to this emerging phenomenon. The Warwick Q-centre was pioneered as one of the 19 quantitative centers affiliated to the UK’s league of most prestigious universities, according to the website, as a strategic response “to address UK’s national ‘deficit’ in quantitative methods”.
In this regard, even the most advanced universities are latecomers to the scene. The very origin of the discipline is traced outside academia. For instance, Chris Anderson, editor of the Wired Magazine was the earliest person to voice “The End Of Theory: The Data Deluge Makes the Scientific Method Obsolete”. Scientists were not convinced. Recently, the London-based Deep Minds is pioneering Artificial Intelligence applications that learn the same way scientists do to generate scientific hypothesis and knowledge. This will be a fundamental breakthrough.
In his provocative commentary, which is now practically indisputable in the field, Mr. Anderson argued correlation is useful and necessary than the traditional scientific systematic explanation. Scientists have come to realize big data is transforming not just the way we live and work but also how we think. Most of the IT engineers are entirely concerned about predicting any phenomenon with infinite number of variables without paying much attention to what causes what and how.
The technology industry at Silicon valley has wake up to the reality long before the universities and the global Big Data market is expected to reach $118.52 billion by 2022 from what has been 3.56 billion in 2015 growing at 26.0% annually. When it comes to information technology, R&D department of tech companies obviously attract the best and brightest graduates and staff than universities due to their six figure salaries.
From language to humanities, it has now become quite common to apply purely quantitative techniques that were exclusive to specific disciplines in the natural sciences. For instance, geography is one of the fields whose methods are entirely transformed by big data. Using satellite imagery, geographers relied on remotely sensed data for long whose access and analysis involved costs and knowledge that were extremely prohibitive.
With the rise of Crowdsourced geographic data, however, publicly available user-generated data has proved to be more useful in giving location-specific and situational data in real-time that is being used to tackle some of the world’s most pressing challenges including such as as disasters at costs relatively nearer to zero.
This opportunity was realized for the first time in 2010 when volunteers used volunteer generated OpenStreetMap data to map Haiti’s roads in two weeks.
Disaster managers used these maps to deliver disaster interventions. From time to time, as handheld devices that support GPS and high resolution cameras become cheaper and cheaper, the possibilities and application of such data have become bigger and bigger.
In addition to being used to optimize traffic and supply chain on a real-time basis in our day to day activities, startups are flourishing that use images caught by ordinary individuals t
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