Big Data Analytics

This research group deals with the opportunities offered by big-data analysis: from the generation of new data sets to new combinations of existing data sets and the application of big-data methods.

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Today, a wealth of new data is becoming available from such sources as sensors, the Internet of Things, and the use of social platforms. This geometric rise in data volumes is leading to the increasing use of big-data analyses with their ability to exploit untapped potential in many fields of business. However, generating this data and making meaningful use of it requires special technologies, approaches and systems. The IW’s Big Data Analytics Research Group deals with the different aspects of big data but with a special emphasis on economic questions.

Our main points of focus

  • Structured and unstructured data generated by new methods and technologies, such as Internet searches, website content, social media information and price information from Internet shops and auction platforms
  • New ways of linking data sets
  • Application of big-data methods such as machine learning to economic questions
  • Application of big data in business research
  • Identification of statistical twins by means of survey data, Internet data and machine learning (companies and households)
  • Expanding on official statistics, for example, for the labour market
  • Analysis of regional infrastructures
Henry Goecke

Henry Goecke

Head of the Reseacrh Group Big Data Analytics

Tel+49 221 4981-770

Mailgoecke@iwkoeln.de

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Christopher Thiele

Christopher Thiele

Data Scientist in the Research Group Big Data Analytics

Tel+49 221 4981-747

Mailthiele@iwkoeln.de

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