At Society 5.0 in the fourth industrial revolution, the ubiquitous data is like a mineral resource. Experts from the sector emphasized on data competition, government-industry and academia coordination to incentivize competitors to provide artificial intelligence-based solutions by extracting and analyzing them.
Speakers advised so, in a panel discussion titled ‘Data Science for Smart Bangladesh’ at the closing ceremony of the second edition of Datathon at a hotel in the capital on Wednesday.
Resource allocation needs to be done intelligently to gain knowledge from data. For this reason, Professor Mohammad Kaykobad has advised Robi to organize Datathon regularly as well as to establish chairs in various universities. He said, the usage of data of the Padma Bridge needs to be analyzed through data mining. Then, we can get the maximum benefits from this bridge and discover new possibilities.
This professor of the distinguished department of computer science and engineering department of BRAC University also said that the neighboring country will know their position only if they look at India. Our talented students have gone to that country to become champions. In this way, the talented people of the country should be promoted through competition. Therefore, they should be motivated by evaluating themselves on the standards of foreigners.
Russell T Ahmed President of Bangladesh Association of Software and Information Services- BASIS opined, “We are not yet ready to exploit the potential of data. We struggle with investing in data analytics. This challenge needs to be addressed through academia-industry collaboration. If AI solutions are made through the analysis of this data, it will also contribute to the economy.”
Emphasizing training in data analysis, he said, “Even a B.Com pass graduate can be turned into a human resource through soft skills. And after 2030 we will not get human dividend. So we need to act fast.”
Dhaka University Institute of Business Administration (IBA) Professor Dr. Syed Farhat Anwar said, “We have a lot of data. They have to be classified. Decisions should be made from that data. In this case, more importance should be given to the outcome of the data than the output.”
At the beginning of the meeting Chief Strategy Officer of Robi Axiata Limited Ruhul Amin said, Robi will work with the government and universities to involve the youth in future data-based analytics.
The panel discussion was moderated by Saheed Alam, Chief Corporate and Regulatory Officer, Robi Axiata Limited.