Switching on the light in the Black Hole of Data Space: Challenges, Opportunities and Achievements

Speaker

Professor Huseyin Seker, Associate Dean (Research and Enterprise) School of Comping and Digital Technologies Staffordshire University Stoke-on-Trent The United Kingdom

Talk Summary

Data is today’s asset for businesses. In order to gain value out of the data, we need to turn the data into actionable insights, drive meaningful and cost-saving knowledge from it, and develop and deploy profitable data-driven intelligent tools. This can be achieved through advanced data analytics, artificial intelligence and machine learning as well as image, video, speech and natural language processing. Due to technological advances and developments in line with the 4th industrial revolution, data is becoming more available and goes beyond volume, variety, and velocity alone. In addition, industry is now becoming more data-driven and automated. However, like the black hole in space, there is a dark side of the data that is yet to be discovered for business gain. Therefore, advanced data analytics methods and data-driven business modelling are now more important than ever to address the industry’s complex business challenges. This talk will exemplify the Black Hole of Data Space, explain how we have addressed the challenges in this domain and cover the data-driven economy projects that we work on within our team (http://smartdatacrew.com)