University of Rochester President Joel Seligman announced this week that the University is committing an additional $50 million to greatly expand its work in the burgeoning field of data science. The commitment will include the creation of an Institute for Data Science, construction of a state-of-the-art building to house it, and as many as 20 new faculty members with expertise in the field.
This is the top University priority for the University’s 2013-18 strategic plans that were adopted by the Board of Trustees on October 11. Data science is a defining discipline of the 21st century. By combining sophisticated analytic techniques with rapidly improving computational capabilities, data science can help extract useful information from the quintillions of bytes of data that are created every day. It is the foundation, for example, of data-informed, personalized medicine, is central to national security and defense, and has already changed online commerce.”
Read Full Story.