One of the foremost requisites of being an elite, world-renowned college is the presence of a proper, multi-dimensional research environment. IIT (ISM) Dhanbad has a history of producing renowned graduates in the field of Earth Sciences who went on to do great things in their respective fields. However, the departments of Computer Science and related branches, being relatively newer departments, are yet to be harnessed to their complete potential. Establishing an Advanced Computing and Data Analytics lab would accelerate the growth of these departments to an enormous extent. The mission of the Advanced Computing and Simulation Lab is to create an environment that promotes learning and research in fields like Machine Learning, Data Science, and Computer Vision- which are of utmost importance in today’s market. The Advanced Computing and Data Analytics Laboratory will unite students and faculty members from across campuses whose research and expertise is in the field. It will leverage the existing multidisciplinary and interdisciplinary strengths in these fields to build an internationally recognized center of excellence at IIT (ISM) Dhanbad.