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BUILDING INFORMATICS INDUSTRY IN CHARLOTTE
Charlotte Informatics Partnership BUILDING INFORMATICS INDUSTRY IN CHARLOTTE Yi Deng, Ph.D., Dean College of Computing and Informatics University of North Carolina at Charlotte cci.uncc.edu
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Charlotte Informatics Partnership
Conceived by industry and academic leaders Supported by Chancellor Phil Dubois A unique public-private, industry-academic partnership to establish the Charlotte region as a national hub for informatics
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Coming Informatics Revolution
Informatics – Technologies and processes of turning (big) data into business insights, innovations and values Examples Wal-Mart’s customer tracking mines petabytes (10¹⁵) of data to understand customer preferences and buying behavior NC DHH’s analysis of 2 million Medicaid records to detect fraud, estimated saving of $37 million in year one Why should we care? (McKinsey, MIT Sloan, IBM, Economist) $300 billion - annual value to US healthcare 60% - potential increase in retailers’ operating margin $100 billion – estimated data management and analytics market alone Wal-Mart: data…raw material of business in 21st Century, an economic input…almost on par with labor and capital Microsoft: we are at convergence of the “data-centric economy”
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Why CIP a “Big Hairy Audacious Goal” for Charlotte?
Informatics will be a major industry! Informatics industry exists not only in IT, but also in financial services, retail, energy, healthcare, … CIP will enable a rising informatics industry in Charlotte A strong informatics industry in Charlotte will not only make industries in Charlotte more competitive but also attract business investments, start-ups, and innovative companies create 1000s high-end jobs be a perfect way to diversify Charlotte economy
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What Makes CIP Special? Every major industry in the region depends on informatics for its competitiveness and survival Charlotte has the need and market for informatics Informatics industry is emerging; no region has claimed leadership Timing is perfect and critical Talent is key to informatics industry NEEDED: additional 140,000 – 190,000 deep analytic talents; 1.5 million data-savvy managers; 50,000 healthcare IT professionals… (McKinsey, et al) Growing UNC Charlotte makes large-scale informatics programs feasible It will further UNC Charlotte as a key enabler and partner for Charlotte economic development
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Charlotte Informatics Partnership “Ask”
Stake your claim – make your organization a partner Invest – provide financial contributions to CIP Advocate – help to lead and to champion for public investment Network – spread the word and help to bring in other organizations
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Thank You! Contact Information: Olin Broadway, Executive in Residence College of Computing and Informatics UNC Charlotte Yi Deng, Ph.D., Dean
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