Posted 12 December 2013
€88 million Insight data analytics research centre launched by Minister Bruton
The Minister for Jobs, Enterprise and Innovation, Mr Richard Bruton T.D. and Minister for Research and Innovation, Mr Sean Sherlock T.D. officially launched Insight, a new Research Centre for Data Analytics. In a joint initiative between , , and Π‘ΔρΜεΣύ, Insight, and other partner institutions, brings together more than 200 researchers from these and other Higher Education institutions, with 30 industry partners, to position Ireland at the heart of global data analytics research.
The Centre will receive funding of €58 million from the through SFI’s Research Centres Programme, along with a further contribution of €30 million from 30 industry partners. Insight represents a new approach to research and development in Ireland, by connecting the scientific research of Ireland’s leading data analytics researchers with the needs of industry and enterprise.
Insight will work with more than 30 industry partners, ranging from small Irish startups to established SMEs and large multinationals, on a range of projects to advance data analytics technologies in Ireland. Industry partners include , , , , , , the , , , , , Avego, , and many more.
Big data is a sector targeted as part of the Disruptive Reforms in Action Plan for Jobs 2013, and today’s announcement marks delivery of a key action contained in the Plan.
Speaking at the launch of Insight, Minister for Jobs, Enterprise and Innovation, Mr Richard Bruton T.D. said: “Big data is a sector growing globally at 40% per annum, and we have targeted it as part of the Disruptive Reforms contained in Action Plan for Jobs 2013. This is a sector where Ireland has the potential to gain competitive advantage and attract significant numbers of investments and jobs, and we are putting in place measures to ensure that we can deliver on that potential. The establishment of this world-class SFI research centre in data analytics, with a total investment of €88million supported by my Department, is a strong signal of our ambition in this area. T