More data was created in 2017 than in the past 5,000 years combined.
The world’s challenge is not creating more information. Extracting meaningful insights from raw, complex data, in a timely fashion is where the new challenge lies.
Thanks to a $1-million gift from TD Bank Group, Western is poised to become one of the country’s leading institutions in the field of data analytics.
The investment supports Western’s professors in their research, and prepares students for their careers. From disaster risk mitigation and health-care analysis to banking and real-time brain imaging, Western’s work in data analytics is playing an important role in analyzing, and helping solve, some of the most critical issues facing the world today.
“Data is increasingly becoming the primary way of communicating with customers,” said Christian Nelissen, Senior Vice-President, Enterprise Data and Analytics, TD Bank Group. “So, to be good at communication, we need to be great at using data.”
Nelissen applauded Western as a “key innovation hub in southwestern Ontario,” and cheered its focus on diversity and creating new opportunities, specifically for women, to excel in the field of data analytics.
The gift also helps address a talent gap in Canada, said Pauline Barmby, Acting Science Dean.
“Western is leading the way in addressing the shortage,” she said. “We have a strong roster of data analysis researchers and instructors, and the vision and training programs to build Canada’s pool of talent. TD’s investment has placed us in an excellent position to become Canada’s premier training institution.”