£313 Million Boost For UK Big Data Research
Following on from Government’s £113 million commitment in the Autumn Statement to expand the Science and Technology Facilities Council (STFC) run Hartree Centre at the Daresbury Laboratory in Cheshire over the next five years, IBM will further support the project with a package of technology and onsite expertise worth up to £200 million.
IBM’s contributions will include:
• access to the latest data-centric and cognitive computing technologies, including its world-class ‘Watson’ cognitive computing platform;
• at least 24 IBM researchers to be based at the Hartree Centre to work side-by-side with existing researchers;
• joint commercialisation of intellectual property assets produced in partnership with STFC, which runs the Hartree Centre.
Minister for Universities and Science Jo Johnson said:
“We live in an information economy – from the smart devices we use every day to the super-computers that helped find the Higgs Boson, the power of advanced computing means we now have access to vast amounts of data.
This partnership with IBM, which builds on our £113 million investment to expand the Hartree Centre, will help businesses make the best use of Big Data to develop better products and services that will boost productivity, drive growth and create jobs.”
Advanced data-centric and cognitive computing technologies enable non-computer specialists to gain insight from the vast amounts of data being generated today, and do so in a more natural, human-friendly way. Delivered through the cloud, IBM’s Watson analyses high volumes of data, understands complex questions posed in natural language, and proposes evidence based answers. It continuously learns, gaining in value and knowledge over time, from previous interactions.