The Alan Turing Institute - led by five UK universities - will use computer science to 'break new boundaries in how we use big data', so says Vince Cable.
The Lib Dem Secretary of State for Business, Innovation and Skills has announced the five universities which will lead the institute: Cambridge, Edinburgh, Oxford, Warwick and UCL.
The aim of the Institute is to build on the UK's existing academic strengths and help position the country as a world leader in the analysis and application of big data and algorithm research. Its headquarters will be based at the British Library.
Cable said: “Alan Turing’s genius played a pivotal role in cracking the codes that helped us win the Second World War. It is therefore only right that our country’s top universities are chosen to lead this new institute named in his honour.
“The Alan Turing Institute will attract the best data scientists and mathematicians from the UK and across the globe to break new boundaries in how we use big data in a fast moving, competitive world.”
The delivery of the Institute is being coordinated by the Engineering and Physical Sciences Research Council (EPSRC) which invests in research and postgraduate training across the UK.
The Institute is being funded over five years with £42 million from the UK government, with university partners set to contribute with further funding. The Institute will also look to partner with other business and government bodies.
Professor Philip Nelson, EPSRC’s chief executive, added: “The Alan Turing Institute will draw on the best of the best academic talent in the country. It will use the power of mathematics, statistics and computer science to analyse 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. Economies that invest in research are more likely to be strong and resilient; the Alan Turing Institute will help us be both."
The news comes ahead of PCR's 'Best of British' special issue, which arrives on February 2nd and looks at the state of the UK tech market
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