Advanced Data Analytics R&D
The Advanced Data Analytics R&D Cluster will build on the University’s strength in computer data analytics, multimedia, and natural language processing to pursue advances in making effective use of the increasing volume of information that is at the fingertips. Utilizing an interdisciplinary approach in which technology is developed with a deep understanding of both the application domain and the ways in which humans think, researchers will focus on the development of analytic techniques and computational tools that will help New York‐based businesses compete in an increasingly datadriven economy. Key features will include:
- Creating the Advanced Analytics Research Center, an interdisciplinary team of cognitive and computational scientists to develop advanced data analytics and computational technologies for a range of applications, including anti‐terrorism, medical informatics, free trade, and cyber security.
- Creating “best-of-practice” teams that leverage UAlbany’s research strengths and enhance the commercialization potential of research, scaling joint ventures like UAlbany’s partnership with GE Global Research applying advanced computer vision techniques to develop new monitoring and surveillance technologies.
- Building on strengths in algorithms and software development to create novel computing approaches for large, frequently changing social media networks - a key platform for commercial development.
- Meeting the critical need for skilled graduates in this economically important field. McKinsey Global Institute estimates that by 2018, the nation will face a shortage of nearly 200,000 people with deep analytical skills as well as 1.5 million managers and analysts with the ability to use big data to make effective decisions. In cyber security, it is estimated that the U.S. currently has only 1,000 technical professionals, while there is a conservative need for 10,000 - 30,000