Eureka! Winning innovation from UTS researcher
UTS Professor Longbing Cao has taken out a gong in the 2019 Australian Museum Eureka Prizes, Australia's most high-profile science awards.
It's known as the Oscars of Australian science, and this year Professor Longbing Cao has claimed one of the prestigious awards for excellence in data science.
Professor Cao is a global leader in data science research, education and innovation. He has developed cutting-edge theories and systems to analyse real-life complex data for smarter business transformation and enabled more efficient, active and tailored debt recovery and payment collection practices, which produced significant socio-economic benefits to Australia. He is also the founding director of the UTS Advanced Analytics Institute, a world-leading research organisation that undertakes research, education and business engagement in the areas of big data, data science and advanced analytics.
Professor Cao's novel contributions to advancing data science theory has strengthened business policy-making and decision-making for organisation's such as the Australian Taxation Office (ATO), where his research directly contributed to the ability of the ATO to tackle the annual tax debt of $10 billion associated with tax overclaims or late payments by both income taxpayers and business organisations.
So my data science research focuses on developing cutting-edge theories to analyse various complexities and discover diversified intelligences. My unique approach is bridging the gap between theoretical breakthroughs and impactful business transformation. So the research has been applied to debt collection, prevention, prediction and intervention that has produced significant socio-economic benefit to Australia.
“The Eureka Prizes are one of Australia’s most prestigious science awards, and it's a great achievement for Professor Cao to win in this cutting edge category,” said UTS Deputy Vice-Chancellor (Research) Professor Kate McGrath.
“For Professor Cao and the three other finalists from UTS to be recognised in their chosen fields is testament to our high-quality, connected research. Congratulations to all of our Eureka Prizes winners and finalists.”
UTS had four finalists in this year's Australian Museum Eureka Prizes. In addition to Professor Longbing, the Infrastructure Robotics research team was nominated for Innovative Use of Technology, and two UTS researchers were nominated for Outstanding Early Career Researcher, Dr Qilin Wang and Dr Jiajia Zhou.
A total of 17 Australian Museum Eureka Prizes were awarded across four categories, including research and innovation, leadership, science engagement and school science. For more information and a complete list of winners, please visit the Australian Museum.