Business Secretary, Vince Cable, stated: "Alan Turing's genius played a pivotal role in cracking the codes that helped us win the Second World War. It is therefore only right that our country's top universities are chosen to lead this new institute named in his honour."
"Headed by the universities of Cambridge, Edinburgh, Oxford, Warwick and UCL - the Alan Turing Institute will attract the best data scientists and mathematicians from the UK and across the globe to break new boundaries in how we use Big Data in a fast moving, competitive world."
One of the University of Warwick researchers who will be central to the research undertaken by the Alan Turing Institute is Professor Mark Girolami, Director of the University of Warwick's Centre for Research in Statistical Methodology (CRiSM).
He stated: "The Alan Turing Institute is a hugely exciting development for the mathematical and statistical sciences in the UK and it will have a massive impact on my own research work. For example the results of recent research of my group now forms the technology that most Automated Teller Machines (ATM) employ in the detection of counterfeit currency. Now with the ability of these machines to obtain even more types of data the possibilities that Big Data presents to provide further services and safeguards to individual users of ATMs is amazing. But the exploitation of this new so called Big Data requires the development of new cutting edge mathematics and statistical methods to ensure we make the most of these opportunities. The ATI is going to enable my own group to work on these sorts of problems and take theory to algorithms to economically valuable products and services."
The delivery of the Institute is being co-ordinated by the Engineering and Physical Sciences Research Council (EPSRC) which invests in research and postgraduate training across the UK. The Institute is being funded over five years with GBP42 million from the UK government. The selected university partners will contribute further funding. In addition, the Institute will seek to partner with other business and government bodies.
Professor Philip Nelson, EPSRC's Chief Executive, stated: "The Alan Turing Institute will draw on the best of the best academic talent in the country. It will use the power of mathematics, statistics, and computer science to analyse Big Data in many ways, including the ability to improve online security. Big Data is going to play a central role in how we run our industries, businesses and services. Economies that invest in research are more likely to be strong and resilient; the Alan Turing Institute will help us be both."