The total amount of data being captured and stored by industry doubles nearly every year. Companies are increasingly looking to tap into the potential of these vast swathes of fast-moving, unstructured and complex streams of data to achieve step-change improvements in growth and performance. However, according to Alwin Magimay, Partner at McKinsey & Company, “most organisations are unable to connect the dots because they do not fully understand how data and analytics can transform their business”. Alwin will be one of a number of key speakers that will address the theme of “Big Data – Destination Unknown?’ at the inaugural Imperial College Business School Student-Led Conference on Wednesday 18 May.
"Most organisations are unable to connect the dots because they do not fully understand how data and analytics can transform their business."
The conference is the first in a planned annual series centred on the topic of the Fusion of Business and Technology. An apt theme given that the conference represents a collaboration between a committee of students from across the wide range of programmes at the Business School.
The idea for the student-led conference grew from the Careers and Professional Development Service, who believed that there were a large number of post-graduate students who were interested and had the skills to offer a professionalised education experience for attendees to share, examine and consider the consequences that result from the intersection of business and technology.
The morning session will focus on New Opportunities in Big Data featuring keynote speeches by notable industry experts such as Noa Tamir, Data Scientist at King, Giles Pavey, Chief Data Scientist at Dunnhumby and David Cole, Watson Ecosystem Leader, Europe at IBM. Workshops offered will concentrate on the topics; The Beautiful Science of Data Visualisation, Identifying new business opportunities using Big Data and Analysis using R. The final sessions of the day will explore what the future of Big Data will bring, featuring a panel of start-ups in behavioural data, e-commerce and cloud-supercomputing technology.
The conference will be attended by Imperial College alumni and students from a variety of disciplines as well as their colleagues from other Universities in London and professionals with an interest in the future of Big Data. While a high demand for the conference has meant that tickets are no longer available, there is a waiting list at big-data-destination-unknown.eventbrite.co.uk. You can also follow the day’s conversation by following #IBBDDU on social media.
“Big Data – Destination Unknown?” will provide an opportunity to hear industry experts discuss and debate what the future of big data is. The aspiration of the committee is that Wednesday’s event, and future conferences in the series, will provide attendees with the chance to build their networks, join in panels and workshops, and broaden and inspire their appreciation for the fusion of business and technology.