The Data Science Universe – Seminar and insights

The IFoA’s Modelling, Analytics and Insights from Data (MAID) working party hosted its inaugural seminar on 11 May 2016.  Discussing the topic of the ‘Data Science Universe’ it encompassed the themes of big data, machine learning, and predictive analytics.  The emerging trend and rapid development of the Data Science Universe, its methodologies and their practice, makes it a pressing subject.  The profession needs to fully understand any implications so that strategies can be developed and aligned across the profession. In essence when we talk about the Data Science Universe, we are talking about the vast proliferation of data that we as individuals and as a society are now continuously creating and advances in analysis techniques. The Data Science Universe is concerned with the manipulation of this data, the extrapolation of…

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