Data science Current Affairs - 2020
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The Indian Institute of Technology, Palakkad is to set uo a research centre in data science. The centre being set up at Kanjikode aims at providing a platform of research for artificial intelligence and Data Science
The centre has been named as the Centre for Research and Education in Data Science. The Centre will collaborate with the Government, industries and other academic institutes
It is the field that uses scientific algorithms, processes and methods to extract knowledge from unstructured and structured data.
The development of data science is highly important for Data Localization
What is Data Localization?
It refers to the rules, laws and regulations that speaks on the collection of data on a Nation’s citizens. It also includes processing and storing such data.
Indian Laws on Data Localisation
Currently in India the only mandate on Data Localization is that provided by Reserve Bank of India, that too only for Payment systems. However, there are several draft bills and reports on Data Localization.
Tags: Centre of Excellence for Data Science and Artificial Intelligence • Data Localization • Data science • e-Payment System • Education
The E-Commerce Giant Amazon Web Services has planned to invest 1.5 billion USD to set up two data centres in Hyderabad. The private firm will be helped by the Telangana Government under its Data Centre Policy
The private firm Amazon has set a target of 5 billion USD of global investments for the next four years. In 2019, the company opened 1.8 million feet office in Gachibowli, Hyderabad that can accommodate more than 15,000 employees. The office is the first largest building owned by Amazon outside US.
Data Centre Policy
The Government of Telangana has framed a dedicated policy for data centres. Under the policy, the government will provide incentives to the firms that set up data centres in the state.
Data Centres are dedicated spaces that are used to house computer systems that are used for data storage purposes. A data centre that is of the size of an industry (like that to be constructed in Hyderabad) will consume as much electricity as that of a small town.
Tags: Amazon • Amazon India • Data science • Electricity • Telangana