EY: Launch of global data analysis competition – Open for entries from Greece as well

EY’s global data analysis competition Open Science Data Challenge 2024 has started with registration being open also for Greece.

In this year’s competition, participants are invited to use artificial intelligence to process satellite data, with the aim of developing technological solutions to strengthen the resilience of coastal areas against climate change. Applications are open until March 10.

The grand final of the competition will take place, for the first time, in Athens, as part of the 44th annual International Geoscience and Remote SensingSymposium (IGARSS), organized on July 7-12, 2024, by the Institute of Electrical and Electronics Engineers. The symposium is sponsored by the global organization of EY.

This year’s Open Science Data Challenge is aimed at students universities, young professionals, as well as EY employees, in the context of of the company’s commitment to innovate and utilize technology and artificial intelligence, to create a sustainable future for society and the planet.

According to a related announcement, almost 75% of the world’s population lives within 50 kilometers of the sea. Coastal areas host critical ecosystems, infrastructure and economic capital. These areas, especially in developing countries, are increasingly exposed to the effects of climate change, causing reasonable concern about their future sustainability. Entrants to this year’s EY Open Science Data Challenge will have the opportunity to put artificial intelligence to good use by drawing insights from high-resolution data to build predictive models, assess tropical storm damage and support the development of strategies for impact mitigation and recovery from extreme climate events, for areas with limited data availability.

The EY competition

The competition consists of two phases:

• In phase 1, participants will be asked to develop machine learning and artificial intelligence models, leveraging satellite data.
• The 10 contestants who advance to phase 2 will have to develop a practical ‘business plan’ outlining how the phase 1 model could be applied by local organizations to assess coastal infrastructure damage, socio-economic impacts and storm risk due to climate change.

Eligible to participate are students and young professionals with less than two years of work experience, as well as EY employees, regardless of experience. Those interested can register for the competition and access relevant training material by visiting the website challenge.ey.com. The best ideas of the global competition can win up to $10,000.

In Greece, after the completion of the global competition, an additional evaluation will be conducted among the Greek entries. The distinguished candidates will have the right to participate, according to EY procedures, to fill up to five positions in the EY Greece Center of Excellence for AI & Data, which is the largest in the country, with over 280 talented AI and data experts, and undertakes projects in more than 30 states.