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Bangalore, India - 01 Oct 2013: IBM (NYSE:IBM) today announced Shared University Research (SUR) awards 2013 for different projects related to Analytics and Cloud in collaboration with leading educational institutes in the country - IIT Bombay, IIT Kharagpur, Anna University, Visvesvaraya National Institute of Technology, (VNIT) Nagpur, Cummins College of Engineering for Women and IIM Udaipur.
The award will result in technical collaboration between the institutes and relevant IBM experts. It will also provide access to IBM software required for the successful completion of the projects. Through Shared University Research (SUR), IBM partners with different Universities to facilitate deep research involving multiple disciplines, multiple agencies and the government bodies. These projects result in solutions that impact the society and the planet by focusing on applying industry-relevant technologies to solve real-world problems, through academia-corporate partnerships.
Mezjan Dallas, Country Manager - University Relations, IBM India said, “Through Shared University Research (SUR), IBM partners with different Universities in India to facilitate deep research across multiple disciplines. This year we have sponsored an exciting range of projects from detection of diabetic retinopathy to analyzing the effects of algorithmic trading. In addition, many of this year's research projects are collaborative in nature, between multiple universities, thereby enabling them to leverage one another's strengths and potentially create greater impact."
Analytics for healthcare
IBM along with Indian Institute of Technology (IIT), Kharagpur, Cummins College of Engineering for Women and a local charitable hospital will develop a computer-assisted automated retinal image analyzer that will help with early screening for loss of vision for diabetic patients, a serious problem in India. The SUR will aim to extend the IIT-Kharagpur algorithm and make it applicable to a wider set of patients.
Business Analytics for financial markets
With IIM Udaipur, IBM is collaborating in the field of Business Analytics for financial markets. The grant from IBM will support a research project which will extensively use Data Analytics to focus on market liquidity and efficiency while also helping management students gain expertise in analytics. The institute is creating a Center for Business Analytics and planning to incorporate a Business Analytics specialization into its Post Graduate Program. Dr. Sumit Kumar, from IIM Udaipur faculty team said “The main purpose of this research project is to study the impact of Algorithmic Trading on market liquidity and efficiency from the perspective of all stakeholders, namely, the traders, the regulator and the Government.”
Extending the cloud collaboratory with IIT Bombay, Visvesvaraya National Institute of Technology, (VNIT) Nagpur and Anna University will use the grant for developing an environment for conducting research on different aspects of virtualization and cloud computing. The grant would also be used to develop Under Graduate and Post Graduate level courses in virtualization and cloud computing, enabling students to get hands on experience on cloud technologies. Prof Umesh Bellur, Department of Computer Science & Engineering, IIT Bombay said, “The cloud manager and other artifacts developed under the Cloud Collaboratory both at IIT Bombay and other institutes of the SUR program will provide significant impetus to the adoption of cloud computing in educational institutes in India and other countries. Specifically, it will pave the way for the deployment of open standards based cloud computing platforms.”
The IBM Shared University Research (SUR) Award is a worldwide award program designed to promote research in areas of mutual value and interest to IBM and universities. The program targets a wide variety of areas, ranging from life sciences, high-performance computing and energy technology, to digital data protection. The collaboration in an area of significant interest to the university and IBM is expected to foster both knowledge transfer and IT innovation. More information about IBM's university programs is available at: http://www-07.ibm.com/in/ur/research.html
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