Research company Data to Decisions CRC (D2D CRC) has appointed a new board director to head up the firm as it continues to move forward.
Andrew Stead has worked extensively with start-up founders and early stage investors, through private and public incubators, accelerators and venture funds. As a founder, adviser and board member, he specialises in the commercialisation of technology products, creation of new businesses, capital raising and mergers and acquisitions.
Stead is currently responsible for product incubation at insurer IAG. He is also a committee member of early stage investment group Sydney Angels and a director of Hivery.
D2D CRC said Stead's overlapping experiences with corporations, research organisations and start-ups will provide a unique perspective on collaboration and innovation for the company.
"Our technologies and projects have matured to a state where commercialisation plans are being developed and implemented. Andrew’s experience and knowledge will be integral throughout this process," said acting chairman Fatima Beattie.
"We are looking forward to working with Andrew as the D2D CRC further progresses in its life cycle."
Stead said, "I am very pleased to be invited to join the D2D CRC. The organisation is at an exciting stage of its development and brings together a strong group of agencies, corporates and research organisations. The work to date has shown the potential impact of big data and analytics on the work of the national security community and beyond.
"The customer-driven and outcome focused research agenda is on track to deliver impressive results and I look forward to supporting the commercialisation of a range of products developed in Australia with global reach."
D2D CRC's most recent defence project saw the company partner with a team from the University of South Australia to create two new visualisations for the Department of Defence and other government agencies.
The new visualisations can understand the relationship between moving entities.
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The project’s aim was to visualise the convergence, colocation and divergence of entities in geospatial data sets, over large periods of time. This includes one-off or repeated visits to different locations and periods where each entity is idle or active. The project also aimed to identify basic or routine patterns of behaviour.
The results of the project will allow defence and policing organisations to more easily identify entities, locations and time-periods of interest from within ever-growing data sets and thus reduce the workload and interaction with data by analysts.
D2D CRC has licensed the technology to Esri Australia, the nation's leading geographic information systems technology and services provider, to further develop it for the Department of Defence.