Summary

Securing scientific and technological superiority is one of the few avenues toward survival available to our resource-poor nation. The international community is currently moving towards a data-based verification regime, and the most advanced nations and multinational corporations are investing their resources and power into developing technologies to analyze and process "big data". If we are unable to autonomously keep up with these global trends, our dependency on imported technology to handle "big data" will only grow deeper and more severe.

It is crucial that we as a nation develop and apply basic data analysis and processing technologies in questions relating to the economy, industrial productivity, profit generation, and innovation. The worldwide shortage of educated personnel will only become more painfully apparent as technology marches on. The main objective of this project is to establish advanced data interpretation technologies and lay the base for the training of future data scientists, thereby securing research competency and the security of our nation.

Expected effect

Society and science fields are being revitalized by new modelling approaches. Modeling finds meaning, not in theories and hypotheses, but in data generated by real-world activities, especially data that may have been previously ignored or even dismissed as useless. Data Science is already its own specialty. In such an environment, the academic, technologic, economic, and industrial effects of research on data analytics are bound to be significant.

• Research into new methods of mathematical data analysis is expected to contribute greatly to securing the academic and industrial competency of this nation.
• New network analysis theories based on mathematic algorithms promise to play a role in revitalizing economics and developing new communications technologies, thereby bringing about technological progress.
• The development of effective mathematical approaches to data analytics and the application of the abovementioned to industry and economics will elevate the productivity of this nation.
• In an environment where all the major domestic and foreign communications corporations are training all their efforts on preempting the big data field, we can expect great economic and industrial benefit from investing in mathematical algorithms research, the most important element in advanced analytics.
• Penetrative insight obtained by research into data analytics will contribute to insight into the resolution of social issues.

Division of Mathematical Models Hyon, YunKyong

Tel. +82-42-717-5736