Mathematical techniques developed by Professor Mike Giles have led to substantial reductions in the complexity of the Monte Carlo computer simulations run by large banks, cutting both computing costs and energy consumption.
It is human nature to be optimistic. If asked, we will almost all claim to be good drivers; statistics indicate that the truth is otherwise. Research by Professor Bent Flyvbjerg of Oxford University’s Saïd Business School has analysed this sensibility, among other things, to achieve a better understanding of ambition and risk in megaprojects.
Engineers at Oxford have made key improvements to the design of cryocoolers, an important cooling component of satellites, thereby contributing to many successful satellite missions and to reduced launch costs.
Nature’s designs can be more efficient, elegant and powerful than anything yet built by man. A University of Oxford spin out aims to disrupt vehicle design by taking inspiration from the movement of animals.
As the internet continues to grow rapidly, guaranteeing our security online becomes more and more critical. Research at the University of Oxford has helped improve the next generation of internet security.