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4 Ways Universities Can Empower Data Scientists Across Their Institutions with Enriched Data from Nexis® Data as a Service

April 28, 2021

The United States Bureau of Labor Statistics estimates that the number of job openings related to data science will grow to 11.5 million by 2026. Is it any wonder that universities are rapidly expanding their curricula to meet demand? Srinivasan Parthasarathy, co-director of Ohio State University's data analytics program, notes that “Companies have the means to generate and collect huge amounts of data, but they lack the skills to make sense of it.” But students—and the faculty members that guide them—need data at their fingertips to provide the real-world experience needed to move from academic research to data science careers.

From data APIs to end-to-end analytics solution—we’ve got you covered

Just as data science programs vary, so too do data needs. Nexis Data as a Service makes it easy to connect to the right data sets for a variety of applications. Here are 4 options available to academic institutions:

1. Search & Retrieve API

For short-term projects, such as grant work or collaborations with corporate partners, Nexis Data as a Service offers powerful Search & Retrieve APIs that take advantage of our purposefully enriched data to drill down to relevant data quickly. This data can be ingested into your own user interface and integrated with other data sets—without the technical demands and costs associated with hosting.

2. Bulk API

Need access to high volumes of text-based data for testing hypotheses, conducting trend analysis, or text mining and visualization? Our Bulk API options allow for on-premises hosting of decades of data, allowing universities to scale up data mining, modelling, and predictive analytics.

3. Specialized Data Feeds

When the data needed is well-defined, Nexis Data as a Service provides specialized data feeds that can be used to generate on-going feeds on custom topics to enable monitoring for departmental or university-wide initiatives. For example, our adverse media feed can help PR and Development professionals keep tabs on negative news coverage that could pose a significant reputational risk. This allows analysis to understand the level of risk and enable faster response times to potential problems.

4.    Nexis® Data Lab

The newest addition to our solution set is Nexis® Data Lab for Academic. This end-to-end analytics solution lets students move from hypothesis testing to results validation faster. Nexis Data Lab is a next-generation text and data mining solution that leverages a Jupyter Notebook environment, giving users a best-in-class experience that also reduces the technical demands, as well as the time and expenses associated with hosting.

The result? Regardless of how a university chooses to ingest data, data science students get the hands-on experience they need—using the world-leading source universe that future employers the world over rely on for driving insights.

Find out more about our APIs or the new Nexis Data Lab for Academic today.