At the end of last month, in a speech at the UK Policy Exchange, Minister for Universities and Science, David Willetts, described how the £600m provision for science, contained in the government’s Autumn Statement, will be used to boost growth in ‘eight great technologies.’ The lion’s share, £189m, will go towards big data and energy efficient computing.
The much anticipated data deluge is now upon us, with many of the consequences and advantages already chronicled. In his report, Willetts states that:
“Capturing value from all this data – for economic growth and social benefits such as improved health – requires a transformation in data analysis. With the right investments, the UK is well placed for the big data revolution.”
The UK possesses some of the world’s best and most complete data-sets in healthcare and their value is increasing, with new ways to extract information from them.This means benefits for many sectors such as social science studies and the Economic and Social Research Council led Life Study, the most ambitious birth cohort study yet, which will track around 100,000 children from birth.