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Intel, MIT Team Up To Tackle Big Data

By Kristin Bent
May 30, 2012    6:32 PM ET

Page 2 of 2

The bigdata@CSAIL program was launched side-by-side the new Massachusetts Big Data Initiative, as proposed by State Governor Deval Patrick. As part of the initiative, a state-wide Big Data Consortium is being established, supported by the Massachusetts Technology Collaborative, which will take part in a matching grant program for big data research and development.

"I’m here just to proclaim what you already know, which is the hour of big data has arrived in Massachusetts and it’s a very exciting time," Governor Patrick said during Wednesday’s event at MIT.

Positioning Massachusetts as a big data hub will not only propel the tech industry forward, but could ultimately spur job creation with the state, Patrick continued. Today, Massachusetts has approximately 100 companies, employing more than 12,000 people, dedicated to big data. It’s estimated that as many as 50,000 jobs related to big data will be created over the next six years.

Patrick first showed an interest in big data last year, when he joined forces with Massachusetts-based storage giant EMC to showcase the company’s new big data facility in the Federal University in Rio de Janeiro, Brazil.

Governor Patrick made note that EMC will also serve as a founding member of both the Massachusetts Big Data Consortium and the bigdata@CSAIL initiative.

Other business and tech giants including SAP, AIG, and Thompson Reuters were also said to be on board.

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