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The Data Lab marks its first decade by generating £200m in additional revenue

Impact, News 12/12/2023

Photo of the MSc class of 2022 from The Data Lab Academy, standing in a field with their hands in the air
  • The Data Lab, Scotland’s innovation centre for data and AI has released its first impact report outlining how it has benefitted the Scottish economy and supported job creation since its establishment in 2014.
  • The centre has created and safeguarded more than 1,350 jobs over the last decade and has secured £90m in R&D funding in partnership with Scottish, UK and EU consortia.
  • Organisations across Scotland have benefitted from working with The Data Lab on their data and AI innovation journeys.

Ahead of marking ten years since its inception, The Data Lab, Scotland’s innovation centre for data and AI, has published an impact report outlining its benefits to the Scottish economy and job creation.

Boosting the data and AI sector

The impact report outlines how The Data Lab has been central to generating £200m in additional revenue for the data and AI sector in Scotland, as well as creating and safeguarding more than 1,350 jobs.

Collaborating and innovating

The report highlights that, through the partnerships cultivated by the centre over the last decade, more than 145 projects have been collaborated on. This has included Scottish universities and colleges across the length and breadth of Scotland, covering projects in Shetland, Inverness, Dundee and across the central belt. The Data Lab has also secured £90m in funding collaborating with Scottish, UK and EU consortia for health, the built environment and transport projects.

Such projects have included the Smart Manufacturing Data Hub led by Ulster University, as well as working with NHS Highland to speed up bowel cancer diagnostics using AI-assisted colon capsule endoscopy.

Commenting on the report Brian Hills, CEO of The Data Lab, said:

“The landscape of data and AI has completely changed over the last decade, leading to a greater understanding and appreciation of this technology. In the last 12 months alone, AI has become a technology no one can ignore and something that is set to completely revolutionise how organisations operate. However, embracing the use of data and AI requires skill, and it is reassuring that so many people recognise this.

“The fact that 80,000 people have registered for online courses created or funded by The Data Lab – with attendees coming from all levels within an organisation – is recognition of the huge desire to increase adoption of data and AI. Supporting so many people in their learning journey is an honour.”

Building an impactful data community

As part of creating a thriving, connected society powered by data and AI, the innovation centre has also established a flourishing data and AI community which has grown to more than 3,500 members from across 60 countries since it was established in 2021.

Brian Hills added:

“Growing a thriving network of individuals to collaborate, network, engage and learn at various stages of their career is no mean feat, yet we are seeing people come together from all over the world to learn from each other. For years, we have recognised the value AI will bring to organisations.

“However, we also have seen an increasing demand for people to come together and exchange ideas within our community. With more people continuing to join the community each month as they recognise its value and the opportunity to connect with peers, we are proud of the journey of The Data Lab Community to date and can’t wait to see how this continues to evolve over the coming years. Ultimately, our vision is to create the world’s most impactful data community. “

More detail on the impact that The Data Lab has made, including interviews with the individuals and organisations the centre has worked with, is available here: https://thedatalab.com/about-us/impact

Tags: AI community, AI economy, AI sector, data economy, data impact, Scottish economy

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