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Innovative mathematics for the modern industrial strategy

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Workshop
3rd February 2020 to 14th February 2020
Organisers: 
Matt Butchers Knowledge Transfer Network
Alan Champneys University of Bristol
Rosemary Dyson University of Birmingham
Adele Marshall Queen's University Belfast
John Ockendon University of Oxford
Hilary Ockendon University of Oxford
Arne Strauss WHU – Otto Beisheim School of Management
Helen Wilson University College London

For many decades there has been a need for mathematical innovation in industry, especially in our largest R&D intensive companies. This case was made clear in the 2018 Bond Review [1] which concluded that  work needed to be done with “CEOs and boards of UK companies to help them understand  the relevance and application of mathematics in their business or organisation”. With the UK  Government's Modern Industrial Strategy [2], there is an opportunity to do as the Bond Review suggests: link together the providers of mathematics with senior business leaders,  and provide resources for long-term industry-driven collaboration in areas that can benefit from innovative mathematics.

In early 2019, a meeting at ICMS [3] scoped possible mathematical topics and identified some key areas that could both stimulate mathematical innovation and offer exciting possibilities of adding value to industry. Among these areas, the following have been selected as those that offer the greatest chance of providing demonstrable value to industry and suggesting new lines of mathematical thinking. 

  • Network theory and optimal control for the circular economy: mathematical innovation is expected at the intersection of network science, economics, dynamical systems, stochastic optimisation, and game theory as applied to a wide variety of business models. 
  • Physical modelling for formulation: mathematical innovation is expected in mathematical models for multi-faceted industrial processes, materials modelling, homogenisation, optimisation, inverse problems and numerical analysis. 


   [1] https://epsrc.ukri.org/newsevents/pubs/era-of-maths/ 
   [2] https://www.gov.uk/government/topical-events/the-uks-industrial-strategy
   [3] https://www.icms.org.uk/ICSFStrategic.php

 

Attendance to the event is by invitation only, if you are interested in attending please contact Matt Butchers.

University of Cambridge Research Councils UK
    Clay Mathematics Institute London Mathematical Society NM Rothschild and Sons