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New York Governor Announces $15 Million Big Data Fund

byadmin
July 28, 2014
in Articles, News

New York State Governor Andrew Cuomo last week announced a $55 million grant for a number of projects at the City University of New York (CUNY), of which $15 million of the fund will be focused on big data analytics and visualisation. The grant was awarded on the basis of connecting academic excellence with entrepreneurship and local economic development.

“In today’s economy, universities are not just classrooms and research facilities; they support thousands of local jobs and are often the top economic driver in local communities,” Governor Cuomo said.

“With these awards, the State is pleased to provide funding that will help CUNY continue to offer a world-class education to hundreds of thousands of students, while also supporting new jobs and investment in the surrounding communities.”

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The Big Data Consortium — a collaboration between the Graduate Center at the College of Staten Island, CUNY School of Professional Studies, Borough of Manhattan Community College, and the NYC College of Technology, City College – will expand its capacity for data analytics and train graduates for jobs across a variety of sectors that require data analytics skills.

The immediate impact of this project will create 154 construction jobs and over $15 million in wages, according to the official statement from the Governor. The programme is aimed at filling the growing need across the country for data scientists and increased “efficiency in a number of workplaces.”

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