SINGAPORE: The new Institute of Data Science (IDS), which aims to contribute to Singapore’s Smart Nation initiative through research, was launched by the National University of Singapore (NUS) on Friday (May 27).
The institute was established with an initial investment of S$12 million, and is expected to have about 100 researchers and staff working on data science research projects in the future. It will also provide 50 scholarships over five years to train PhD students in data science and analytics.
Microsoft will be the institute's first industry partner, and will contribute technology and expertise to facilitate data science research.
NUS president, Professor Tan Chorh Chuan, said IDS will coordinate the university's strengths in data analytics, operations research and cyber security. "The Big Data revolution is taking place at an extremely rapid pace and the ability to understand and exploit data will certainly shape how we live, work and play in the future," said Prof Tan.