Big Data and Business Analytics Group enters into a strategic partnership with a $40,000 seed grant from DataFactZ
The Wayne State University College of Engineering's Big Data and Business Analytics Group is pleased to announce that it has received a $40,000 seed research grant from DataFactZ and access to its domain expertise in practical applications of real-time big data analytics. The gift will fund a Ph.D. student and other Wayne State data scientists and researchers to support their theoretical research with access to practical-use cases, datasets and useful domain insights. A collaboration of this nature is a precursor to developing a strong industry-academia partnership.
The Big Data and Business Analytics Group employs a strong focus on solving real-life business problems in active collaboration with regional industry while leveraging the core strengths and research interests of the team. The grant is part of a larger initiative to build deeper and productive relationships with industry members. "This gift and partnership allows us to take our research to higher levels of challenges and relevance," said Ratna Babu Chinnam, industrial and systems engineering professor and founding director of the group.
"We are a pioneering, innovative company with strong Michigan roots," said Krishna Kallakuri, CEO of DataFactz,"We support nurturing a strong innovation and research environment in the region by fostering active collaboration among different pockets of excellence that exist at Wayne State and outside."
The seed grant is the beginning of a strategic partnership between Wayne State University and DataFactZ to pursue topical research areas in real-time big data analytics, which are of practical significance to the fast-changing business environment.
About the Big Data and Business Analytics Group
The Big Data and Business Analytics Group (bigdata.wayne.edu) at Wayne State University is an initiative of the College of Engineering with a charter to assist enterprises in their big data adoption and big data value-extraction challenges. The group has assembled a cross-departmental team of experts with extensive experience in successfully delivering and leading a variety of big data and business analytics projects and initiatives across several industries such as health care, manufacturing and automotive, retail, and government.
About DataFactZ
DataFactZ (datafactz.com) is a professional services company that provides consulting and implementation expertise to solve the complex data issues facing many organizations in the modern business environment. As a highly specialized systems integration company, they are uniquely focused on solving complex data issues in data warehousing, business intelligence, big data and advanced analytics.
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Wayne State University is a premier urban research institution of higher education offering 380 academic programs through 13 schools and colleges to nearly 28,000 students. For more information about engineering at Wayne State University, visit engineering.wayne.edu.