Directions in information systems and data analysis: opportunities and challenges

This is an exciting time for anyone who has an active interest in Information Systems and Data Analysis. Advances in science and technology open the road to new opportunities that were thought to be insoluble in the not so distant past. The prospect of these new solutions however comes at great costs and even more challenging problems than we would have ever expected. Inspite of our optimistic views, this tension between technological opportunities and scienti�?c costs is increasing at a rapid pace and requires us to fundamentally change the paradigms of scienti�?c approaches to data analysis problems and the use of information systems. A few real-life cases from the �?nancial world (making use of web services) are used to illustrate this and to propose possible directions in future research and development.presentation as keynote speakerstatus: publishe