Big data is here, and it’s getting even bigger thanks to a partnership with Intel and MIT. The duo’s announcing both bigdata@CSAIL, a research group that will bring together more than 25 MIT professors and industry insiders, as well as the Intel Science and Technology Center for Big Data at CSAIL.
State Secretary of Housing and Economic Development Greg Bialecki told the Boston Globe, “This is about the realization that big data is a very promising growth area. The state is well positioned to take the lead in this area.”
Massachusetts has more than 100 big data companies, according to MassTLC, and the sector is expected to more than double over the next six years, adding an estimated 15,000 jobs. To bolster that, the state plans to form a consortium alongside MassTLC, which will develop a matching grant program for big data projects.
The Globe reports that no state funding has been designated for the project, but does write that Intel is backing the Center with $2.5 million a year for five years.
Research from bigdata@CSAIL will focus on finance, medicine, social media and security. Researchers at six other institutions, including Brown University, will also be participating remotely.
The announcement’s expected to take place today at 2 p.m. at MIT’s Stata Center, when Governor Deval Patrick announces the new initiatives by the state. Other speakers will include MIT President Susan Hockfield; Justin Rattner, Intel CTO; and Daniela Rus, the new director of MIT CSAIL.
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