Huawei & Imperial College to Open Big Data Lab
LONDON -- Huawei, a leading global information and communications technology (ICT) solutions provider, and Imperial College London today announced they are to collaborate and jointly invest on a data science lab. The Imperial College - Huawei Data Science Innovation Laboratory will bring together experts from across Imperialís faculties and Huawei researchers to harness data science research and develop new applications in fields such as smart cities, energy and healthcare.
The data science lab is the first major corporate partnership within Imperialís new Data Science Institute, which will cultivate multidisciplinary collaborations between the College's academic experts and research partners to develop new big data technologies. Huawei will invest in cutting-edge equipment including next-generation cloud computing servers, a research and innovation fund, and operational costs for the new lab.
The announcement of the lab follows the signing of a Memorandum of Understanding between Huawei and Imperial earlier in 2013, under which both parties agreed to look at opportunities for collaboration. The Imperial collaboration is part of Huaweiís global investment in innovation and research and development. In the past 10 years, every year Huawei invests over 10% of its global revenue into R&D; in 2013 this equated to US$5.4 billion, accounting for 14% of the revenue.