The U.K.'s Engineering and Physical Sciences Research Council (EPSRC) has selected five universities to lead the Alan Turing Institute, which is intended to be a global leader in the analysis and application of big data and algorithm research.
The Institute, which will be based at the British Library in London's Knowledge Quarter, will be led by the universities of Cambridge, Edinburgh, Oxford, Warwick, and University College London.
The creation of the new entity is being overseen by EPSRC, which invests in research and postgraduate training across Britain. The Institute is being funded over five years with 42 million British pounds from the U.K. government, and the university partners will contribute further funding.
In addition, the Institute will seek to partner with other business and government organizations.
EPSRC CEO Philip Nelson says the Institute "will use the power of mathematics, statistics, and computer science to analyze big data in many ways, including the ability to improve online security. Big data is going to play a central role in how we run our industries, businesses, and services."
From Engineering & Physical Sciences Research Council
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