Why are data-driven decisions important in generating real time insights and predictions to help optimise business performance? How can they enable you to be a more effective entrepreneur or member of your organisation?
"Improving our learnings in this topic is critical for all industry sectors, and will continue to have profound economic and social impact for the world we live in."
Professor Eun-Jung Holden, UWA
These questions and many more will be addressed at the Data-Driven Decisions (D3) Annual Conference hosted by the UWA Data Institute at The University Club of Western Australia on Thursday July 21.
Director of the UWA Data Institute and leader of UWA’s Centre for Data-Driven Geoscience, Professor Eun-Jung Holden, said the D3 Conference would focus on understanding industry challenges and insights along with exploring cutting edge advances in industry practices and research.
Image: Professor Eun-Jung Holden, Director of the UWA Data Institute
“There is no doubt we are in a time of flux in every aspect of our lives,” Professor Holden said. “The demands for innovations to help us make faster, more responsible decisions have never been greater.
“At the core of this innovation is data science which is used to transform data into knowledge to support our data-driven decisions.
“Thanks to the adoption of statistical methodologies, visual analytics, machine learning and Artificial Intelligence, we now have a greater ability to identify patterns and make predictions from data in a fast, consistent and robust manner.
“However, despite these advances, there remain challenges in adopting them in real-life decisions. This conference will provide an opportunity to learn the challenges and insights in data-driven decisions.
“Improving our learnings in this topic is critical for all industry sectors, and will continue to have profound economic and social impact for the world we live in.”
Western Australia's Innovation and ICT and Medical Research Minister Stephen Dawson will provide the opening address at the D3 conference with speakers and panel members a who’s who of industry, government and academic leaders in the field.
On Wednesday 20 July, in the lead-up to the conference, the National Artificial Intelligence Centre will hold a roundtable regarding Western Australia’s industry expertise in remote operations and a laboratory tour at UWA.