SAN JOSE, CA; July 6, 2015 – Accenture (NYSE: ACN) has awarded 11 research grants to top universities around the world to significantly broaden and deepen the relationships between Accenture’s technology research and development (R&D) groups and leading university researchers.
“Universities are a critical source of technical and scientific research that can deliver long-term business benefits for organizations around the world,” said Prith Banerjee, managing director of Global Technology R&D, Accenture. “We are thrilled that this grant program, in conjunction with the Accenture Open Innovation initiative, will enable Accenture Technology Labs researchers to translate a university’s conceptual research – which spans topics from cyber security to 3D printing and cognitive computing – into ideas that can ultimately help solve real business challenges for our enterprise clients.”
The grant program is part of the Accenture Open Innovation initiative, in which Accenture functions as a bridgemaker between Accenture’s Global 2000 clients and the technology innovation ecosystem, which includes universities, top tier accelerators, start-ups, venture capitalists and corporate R&D labs from around the world. New technology research from Accenture Strategy found that four out of five enterprise respondents reported innovation was within their top three priorities and about one quarter placed innovation as the number one priority for their organization.
The 2015 Accenture Open Innovation university grant program recipients and the R&D areas of focus include:
- Prof. David Bader, Georgia Institute of Technology
- Prof. Zhejing Bao, Zhejiang University, China
- Prof. Michael Bernstein and Prof. Melissa Valentine, Stanford University
- Prof. Pushpak Bhattacharyya, Indian Institute of Technology Bombay, India
- Prof. Sutanu Chakraborti, Indian Institute of Technology Madras, Chennai, India
- Prof. Abhijit Deshmukh, Purdue University
- Prof. F. Javier Heredia and Prof. Joaquim Minguella, Universitat Politecnica de Catalunya, BarcelonaTech
- Prof. Michal Kosinski, Stanford University
- Dean Richard Lyons, University of California, Berkeley, Haas School of Business
- Prof. Santonu Sarkar, Birla Institute of Technology and Sciences, Pilani, India
- Prof. Partha Pratim Talukdar, Indian Institute of Science, Bangalore, India
In addition to the monetary grant, the university researchers will benefit from the perspectives that Accenture Technology Labs researchers have to offer given their direct exposure to the enterprise business contexts in which the research would ultimately be applied. The program provides the opportunity for Accenture and university researchers to combine their expertise, learn from each other and achieve more than either could alone.
“With cyber security threats rapidly evolving and becoming increasingly complex, we are pleased to have received this grant from Accenture to help us advance the research we’re doing in the critical area,” said Professor David Bader, Georgia Institute of Technology. “Collaboration with Accenture will provide access to data and expertise that will help us to build proper algorithms, allowing our research to push further and faster than previously possible.”
"I am delighted that we were amongst a select group of universities around the world to be awarded with a research grant from Accenture,” said Professor Pushpak Bhattacharyya, India Institute of Technology, Bombay. “The combination of IIT Bombay’s world renowned Natural Language Processing group with Accenture’s global consulting and technology services expertise will result in a mutually enriching experience, enabling us to work together on cutting edge cognitive computing problems."
“We’re pleased to be a recipient of an Accenture grant to help further our research in the area of cognitive computing,” said Professor Partha Pratim Talukdar, Indian Institute of Science, Bangalore, India. “The opportunity to collaborate with Accenture researchers will provide us with valuable inputs into how our research can help address the real-world challenges of enterprise organizations.”
For more information on Accenture Technology Labs, click here.
For more about the Accenture Open Innovation program, visit www.accenture.com/openinnovation
Accenture is a global management consulting, technology services and outsourcing company, with more than 336,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$30.0 billion for the fiscal year ended Aug. 31, 2014. Its home page is www.accenture.com.
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