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Schedule: November 12-18th 2005
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The Strategic Future of Data and the Mining of Massive Data Sets - Part 2

Session: HPC Analytics-related Topics

Event Type: Masterwork

Time: 11:15am - 12:00pm

Session Chair: Jeff Nichols

Speaker(s): Usama Fayyad

Location: 6B

Abstract:

We are at a transition point in how data fits into collaborations, organizations and enterprises. In business, data has traditionally been viewed as part of the IT infrastructure. Today there is a growing awareness that data is a critical strategic asset that plays a much more fundamental role in driving the strategic planning and advanced execution of a modern enterprise. In science, discoveries have traditionally been made through experiments, through theory, and, more recently, through simulations. Today, a fourth modality of discovery has emerged in which discoveries are made through inferences from previously collected data. New data is being produced at unprecedented rates. You can spin a terabyte of data for less than a $1000, and yet most organizations are challenged when given a terabyte of data and asked to explore, integrate, and analyze it in order to produce an analytic model that can be used for prediction. This gap between the availability of data and our inability to exploit it appropriately has created tremendous demand for a new way of thinking about data systems and data-driven applications. It has also created a strong need for large-scale computational systems that are capable of processing massive amounts of data in a very short time and with data access requirements that differ from traditional modes of data processing and access. In a pair of talks Usama Fayyad and Robert L. Grossman illustrate how data is taking on a fundamental strategic dimension for many organizations and collaborations. They discuss the challenges this presents and cover case studies from scientific, business and government applications. They demonstrate how data and data mining systems are evolving, and how they are becoming capable of fulfilling this new strategic role.




Chair/Speaker Details:

Jeff Nichols (Chair)
Oak Ridge National Lab

Usama Fayyad
Yahoo!
Dr. Usama Fayyad, Yahoo!'s chief data officer & senior vice president of Strategic Data Solutions, is responsible for Yahoo!'s global data strategy and analysis infrastructure. He obtained his Ph.D. (1991) from The University. of Michigan, Ann Arbor. He is a world-renowned scientist and founded a research program at NASA's Jet Propulsion Lab (JPL) for data mining & analysis of massive data sets which earned him the highest NASA research awards and a U.S. Government Medal. He founded the data mining group at Microsoft and built data mining products for Microsoft's server divisions. As entrepreneur he co-founded two companies: digiMine (Revenue Science) and DMX Group. As founding figure in data mining, he co-authored two books and was editor-in-chief of the premier data mining journal and the ACM Newsletter SIGKDD Explorations. He has authored over 100 technical articles and regularly gives keynotes at scientific, business, and government forums world-wide.