This network addresses the urgent need for an integrated modelling and computing environment that facilitates data processing, data analysis and data communication (in the form of visualization and human-computer interaction) to aid decision making.
The main scientific and technological objectives of NeEDS are to develop innovative mathematical optimization models and high performance algorithms
- for novel applications involving Network Science;
- to ensure Interpretability, fulfilling the right-to-explanation in algorithmic decision making required by the EU as of 2018, but also required when nonexperts are to interact with data analysis tools;
- to deal with the challenges posed by Complex Data such as time-evolving data, spatial data, and process data;
- to Extract Knowledge from data by jointly addressing data processing and data analysis.
NeEDS bridges the disciplines of Computer Science, Business Analytics, Mathematical Optimization and Statistics to achieve a breakthrough that requires an interdisciplinary approach, namely, the development of computational methods that are easy-to-interpret and easy-to-interact with, that run under strict time regulations, and that can cope with uncertainty in data fluctuation.
NeEDS Research Work Packages
Developing innovative tools to tackle Network data
Work Package 1 (Lead: Katholieke Universiteit Leuven)
This work package is led by the team at Katholieke Universiteit Leuven (KUL). The group has made landmark contributions in the area of Business Analytics, such as in Credit Risk Management. With two Research & Innovation Projects, Work Package 1 addresses cutting-edge issues in Network Science, motivated by the pressing needs in the banking and the insurance industry.
Cutting-edge modelling to enhance Interpretability
Work Package 2 (Lead – Copenhagen Business School)
This work package is led by the team at Copenhagen Business School (CBS). This is a group with a long-standing expertise in the field of Mathematical Optimization, and a key contributor to the area of Analytics and Big Data. Work package 2 advances the state-of-the-art in the well-established field of interpretable Data Science tools, improving performance and developing novel measures of interpretability.
Addressing the challenges of Complex data arising in Industry
Work Package 3 (Lead: University of Oxford)
This work package is led by the team at University of Oxford (UOXF). This group has a world-class track record in carrying out research in Visual Analytics, is a key contributor to the development of this burgeoning area, and has an invaluable expertise in knowledge transfer activities. Work Package 3 addresses the problem of how to analyze complex data, namely event and process data that vary over time, that abound at our industrial participants.
Innovative Extraction of knowledge by jointly addressing data processing and data analysis
Work Package 4 (Lead: University of Seville)
This work package is led by the team at USE. This is a group with a long-standing expertise in the field of Mathematical Optimization, and a key contributor to the area of Mathematical Optimization and Supervised as well as Unsupervised Learning. Work Package 4 extracts knowledge by jointly addressing data processing and data analysis, a nascent and challenging area of research with a huge potential in terms of improved performance of Data Science tools. The knowledge extracted will be used to build scenarios to deal with data uncertainty, which is at the heart of the problems faced by our industrial participants.