Wednesday, November 26, 2008

SATYAM, IIIT-HYDERABAD TIE UP FOR DATA MINING, OPEN SOURCE R&D

Chennai/Hyderabad
Business Standard The Economic Times (Bangalore edition) The Hindu Business Line The Hindu The Financial Express

Satyam Computer Services Limited, the country's fourth largest software exporter, on Tuesday announced plans to collaborate on several critical research projects with the Centre of Data Engineering (CDE) at the International Institute of Information Technology (IIIT)-Hyderabad.

Satyam and CDE will work on the ‘Nurture a Research Area’ programme, which was established to foster collaboration between industry bodies and IIIT to create solutions to problems in areas of mutual interest. The collaboration between Satyam and IIIT-Hyderabad will focus on research and development in data mining and open source technologies.

Additionally, it will leverage the analytics expertise of the insitute to uncover business opportunities associated with social networking. Both the organisations will work together to create technologies and tools to extract knowledge from these networks and develop joint assets.

“Satyam and the CDE are focusing on data mining, especially where it concerns behavioural and psychographic analysis that will give companies insights into the buying behaviour of their customers,” Swaminathan Srinivasan, head (business intelligence and product management solutions and alliances), Satyam, stated in a release.

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