Small and medium-sized businesses in Nova Scotia will become more competitive and increase the skill of their workforce with support and training from Dalhousie University's new Big Data Analytics Institute.
"With training and help from Dalhousie's new institute, small businesses will be able to understand how they can analyze data to help them grow and compete," said Graham Steele, Minister for Economic and Rural Development and Tourism. "We are pleased to support the institute in its work with businesses in communities throughout Nova Scotia."
Big data analytics is the process of collecting, analyzing and understanding complex and large amounts of information to support business decisions. Big data comes from posts to social media sites, digital pictures and videos, cell phone and GPS signals, texts, blogs, or sensors that gather important climate information.
The first of its kind in Canada, the institute will boost education in big data analytics, lead to greater collaboration and research within the province's growing information and communications technology (ICT) sector, and help establish Nova Scotia as a centre of excellence in the field.
Continue reading the full news release by Economic and Rural Development and Tourism.
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