IBM Opens Analytics Center at Budapest University

  • By Dian Schaffhauser
  • 09/30/10

IBM has opened a new analytics center in Budapest, Hungary, located on the campus of the 375-year-old ELTE University. The new Center for Applied Mathematics will instruct students in the areas of operations and optimization research, with the idea of educating them for careers in green infrastructure, transportation and logistics, and telecommunications, among others. IBM, which recently announced plans to acquire analytics appliance firm Netezza, projects that it will generate $16 billion in business analytics and optimization revenue by 2015.

According to the company, fall 2010 students at ELTE are now researching complex "what if" scenarios for IBM's internal supply chain, such as studying how to stock and distribute after-service parts more efficiently. The results of this research could ultimately end up as part of IBM applications.

This center is one of three recently announced by the company, all of which will work on analytics. IBM has also opened a Zurich Analytics Solutions Center on the campus of its research lab in that city. This center will focus on applying analytics to the finance and public sector segments. A third center in Vienna will initially work with clients on supply chain optimization, Smart energy grids, and Smart cities.

All of the centers will be fully operational by the end of 2010.

About the Author

Dian Schaffhauser is a former senior contributing editor for 1105 Media's education publications THE Journal, Campus Technology and Spaces4Learning.

Featured

  • college student sitting at a laptop writing a college essay

    How Can Schools Manage AI in Admissions?

    Many questions remain around the role of artificial intelligence in admissions as schools navigate the balance between innovation and integrity.  

  • a hobbyist in casual clothes holds a hammer and a toolbox, building a DIY structure that symbolizes an AI model

    Ditch the DIY Approach to AI on Campus

    Institutions that do not adopt AI will quickly fall behind. The question is, how can colleges and universities do this systematically, securely, cost-effectively, and efficiently?

  • person signing a bill at a desk with a faint glow around the document. A tablet and laptop are subtly visible in the background, with soft colors and minimal digital elements

    California Governor Signs AI Content Safeguards into Law

    California Governor Gavin Newsom has officially signed off on a series of landmark artificial intelligence bills, signaling the state’s latest efforts to regulate the burgeoning technology, particularly in response to the misuse of sexually explicit deepfakes. The legislation is aimed at mitigating the risks posed by AI-generated content, as concerns grow over the technology's potential to manipulate images, videos, and voices in ways that could cause significant harm.

  • laptop screen showing Coursera course

    Coursera Introduces New Gen AI Skills Training and Credentials

    Learning platform Coursera is expanding its Generative AI Academy training portfolio with an offering for teams, as well as adding new generative AI courses, specializations, and certificates.