01 May 2020 Hi-tech, Health and medical industries
World-leading university, the Massachusetts Institute of Technology (MIT), has arrived in Adelaide, and is settling into its new home at innovation precinct Lot Fourteen.
MIT Professor Alex ‘Sandy’ Pentland says Adelaide is a prime location ‘due to its leadership in data analytics and machine learning.
MIT’s Living Laboratory brings students, researchers and commercial interests together to trawl through data from mobile phones, banking services, government transactions, GPS tracking, satellite imagery and other sources.
“The data we are getting in now will inform decision-making for government projects, industry projects and future prosperity. It will improve productivity and, most importantly, create more jobs right here in South Australia,” Professor Pentland says. “It will bolster entrepreneurial activity across a range of industries and ensure that this state remains at the forefront of global innovation and enterprise.”
Originally published in Southern Shift Magazine.