
MSc in Data Science and Engineering
Limassol, Cyprus
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English
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Introduction
The emergence of internet, cloud and multimedia technologies as an integral part of everyday life, both in the workplace and in the field of personal life, results in huge volumes of data being produced by users of information systems on a daily basis. The recording and storage of this data by the providers of these information systems/services is now a routine process, due to the now petty cost of large database systems.
Based on these developments, the technological, scientific and business challenge of our time is the development of large-scale analysis systems. That is, systems that have the ability to process in real-time large volumes of data in order to extract useful information of very high added value to guide decision-making processes. Highly competitive knowledge economy industries such as social networks, search engines, large companies developing prototype drugs, large university hospitals, defense systems companies, but also banking sector (risk assessment, capital management) as well as large retail companies, are typical cases of organizations where huge volumes of data are collected on a daily basis. Intelligent analysis of the exploitation of this data could lead to significant new value-added chains for these organizations