In his budget speech in March 2014 the UK’s Chancellor of the Exchequer, George Osbourne, announced £42m of funding for an Alan Turing Institute focused on big data and algorithm research. The Government said that big data “can allow businesses to enhance their manufacturing processes, target their marketing better, and provide more efficient services” (BBC News, 19 March 2014). Universities and other interested parties will be able to bid for the funding to set up the institute.
Activity in Business Schools is hotting up with recent posts being announced at Exeter and Lancaster. Exeter is looking for a Professor in Business Analytics with an emphasis on the digital economy and collaboration with Computer Science and Engineering researchers (closing date 10 April 2014). Lancaster is also looking for a Professor in Business Analytics to “develop a research agenda involving outside organisations and seek opportunities for collaboration with other Lancaster departments with interests in this area (e.g. Computing and Maths & Stats)” (closing date 24 March 2014).