Opinion

How to make the biggest big data decision

Big data has become big business. IDC has forecast that revenue from the sales of big data and business analytics applications, tools, and services will reach $187 billion (£132 billion) in 2019[1]. The analyst house also recently predicted that the amount of digital data created in 2025 will be 10 times greater than the amount […]

R&D digitalisation in consumer industries: Where to start

There is huge value in the digitalisation of R&D, conducting research processes in silico, brings down time to market from months or years, to weeks. Some early adopters are already reaping the rewards, a global food manufacturer has recently created a modelling framework that connects predictive models from across the value chain. This gives them […]

Small and agile or large and powerful: size matters

Businesses must ask themselves, where does data science fit? There has been much hype around data science, and in particular recently about artificial intelligence (AI), with Google’s DeepMind announcing that its programme AlphaGo is able to “create knowledge itself”, and Accenture Research and Frontier Economics suggesting that AI can enable 38 per cent profit gains […]

How the cloud is making R&D easier

  Industries underpinned by scientific processes – from pharmaceuticals to oil refining – have seen huge efficiency improvements from the digital revolution. Labour intensive processes once requiring endless experimentation can now largely be done in silico, with much greater efficiency, whilst also opening up new avenues for research beyond the capabilities of manual labour. Sophisticated […]

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