LAHORE :06 July: The launch of Consortium for Applied Data Science (CADS) will help the researchers at Information Technology University (ITU), Punjab, to analyse data about various sectors gathered by the Punjab Information Technology Board (PITB) to find solutions through one platform for policy-makers and to make public sector efficient and transparent. The founding Vice-Chancellor of ITU Dr Umar Saif, who is also PITB Chairman, said this in his opening remarks at the launch of a Consortium for Applied Data Science supported by Alan Turing Institute, the National Centre for Data Science and Artificial Intelligence in the United Kingdom (UK), here Thursday. Dr Saif said that with the launch of the Consortium, Pakistan has taken a leap forward in the development of the Data Science and Artificial Intelligence (AI) industry, which being a tangible field with broad spectrum would enable the stakeholders to benefit from machine learning. This Consortium for Applied Data Science would be a key enabler in improving the prosperity of the nation as well as creating a regional hub for Data Science and Artificial Intelligence advancement, he stated. He also informed that stamping project generated revenue worth USD 100 million by cutting the fake or forged stamp papers in a year. For a country like Pakistan that was entirely dependent on its cotton production, data science could bring a positive impact in production or classification of the crop. Shakeel Ahmed Khan, an expert in Artificial Intelligence, discussed developing economies using Big Data and Algorithm and said AI would affect every sector of life. Dr Tony Bellotti of Imperial College London also spoke while Dr Faisal Kamran of ITU, senior economists, officials, representatives from academia, industry and students participated in the Question & Answer session.The news.