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CEB Data Innovation Center Opens at UI Research Park

From the press release:

CEB TAPS TOP TECH MINDS TO ADVANCE TALENT ANALYTICS LEADERSHIP

Employees at new Data Innovation Center at Research Park at the University of Illinois to Focus on Emerging Technologies’ Applications for Talent-Focused Organizations

ARLINGTON, Va., March 16, 2016—CEB (NYSE:CEB), a best practice insight and technology company, today announced the grand opening of its newest office at Research Park at the University of Illinois. The facility, a data analytics innovation center, will be home to nearly a dozen undergraduate and graduate students working on emerging technologies—including natural language processing, machine learning and data visualization—to enhance CEB’s leadership position in talent strategy and analytics. CEB Grand Opening

“Our own best practice insights confirm that having the right talent in place is pivotal to achieving business objectives and driving growth,” said Melody Jones, chief administrative officer, CEB. “We’re establishing our Data Innovation Center at Research Park because students here have the skills and drive to expand our market-leading talent analytics portfolio and ultimately help the world’s best companies bring new levels of precision to their talent investments.”

“It’s exciting to see a corporation like CEB, which is in the business of recognizing and fostering talent, come to Illinois to tap into the culture of innovation at the Research Park,” said University of Illinois at Urbana-Champaign chancellor Barbara Wilson. “Research partnerships are critical to groundbreaking discoveries that benefit all involved, especially in accelerating the new frontiers of data science.”

CEB’s analytics offerings, including CEB TalentNeuron, its workforce surveys and Sunstone analytics, are quickly being adopted by leading global organizations to inform everything from location planning to individual candidate selection. With more than 35 billion data points under management, the company is equipping senior executives around the world with the intelligence they need to make critical talent decisions quickly.

“Analytics are key to giving our customers an unmatched level of visibility into the labor market,” Jones added. “This Center will augment our own team’s advanced analytics work designed to fulfill that promise. Given our mission to advance the science and practice of management, we couldn’t be more pleased to bring to these innovations to market in collaboration with an institution as respected for developing tech talent as the University of Illinois.”

To learn more about CEB’s leadership in talent analytics, please visit our website.

About CEB

CEB is a best practice insight and technology company. In partnership with leading organizations around the globe, we develop innovative solutions to drive corporate performance. CEB equips leaders at more than 10,000 companies with the intelligence to effectively manage talent, customers, and operations. CEB is a trusted partner to nearly 90% of the Fortune 500 and FTSE 100, and more than 70% of the Dow Jones Asian Titans. More at cebglobal.com.

Press:

Research Park welcome 101st business, The Daily Illini

Caterpillar Celebrates Grand Opening of Data Innovation Lab at UI Research Park

Article Source: University of Illinois Research Park 

Caterpillar Inc. announced today the grand opening of its first data innovation lab, located in Research Park at the University of Illinois at Urbana-Champaign. The lab brings together resources from key fields for the company’s research and development (R&D) efforts, including engineering, computer science, operations research and statistics, to drive innovative development through data analysis. Today’s announcement builds upon work underway at Caterpillar’s existing simulation center, also located on the Urbana-Champaign campus, which operates in conjunction with the University of Illinois’ National Center for Supercomputing Applications (NCSA).

Work at the new data innovation lab will focus on exploration of emerging and disruptive data-based technologies, as well as advanced analytics technologies, demonstrated through proof of concept projects.

“We are thrilled to announce the grand opening of our data innovation lab here at the University of Illinois and look forward to further collaboration with our university partners and researchers,” said Gwenne Henricks, Chief Technology Officer and Vice President of Product  Development & Global Technology for Caterpillar. “By examining the world of data analytics, we can uncover hidden insights on how our customers use our products and services, and deliver that feedback to our product and customer support teams to drive better solutions and further our R&D efforts.”

“Caterpillar has been a tremendous partner with the U of I – ours is a strategic relationship that helps drive success at our respective institutions,” said University of Illinois Vice Chancellor for Research, Dr. Peter Schiffer. “The Research Park is a natural fit for a tech-focused company like Caterpillar, and this new innovation lab will leverage Illinois strengths in computing and data analysis in exciting ways.”

The new lab also expands upon the existing recruitment efforts with the university to engage future science, technology, engineering and mathematics (STEM) talent through additional research and development opportunities, and is a key component of the company’s innovation strategy. As work at the data innovation lab evolves, more information will be made available about the various activities that take place there. For more information on Caterpillar’s efforts, please view the following video: http://youtu.be/QfVIJD0Vd0Y.

About Caterpillar:

For nearly 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2013 sales and revenues of $55.656 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments – Resource Industries, Construction Industries and Energy & Transportation – and also provides financing and related services through its Financial Products segment. For more information, visit caterpillar.com. To connect with us on social media, visit caterpillar.com/social-media.

Press:

Caterpillar Opens New Data Analysis Lab at U of I Research Park, WILL

World’s first opens in Research Park, WCIA 3 News

Caterpillar opens lab at UI research park, The News-Gazette

Ameren Innovation Center Opens at University of Illinois Research Park

Article Source: University of Illinois Research Park 

The University of Illinois at Urbana-Champaign announced that Ameren Corporation (NYSE: AEE), a St. Louis-based Fortune 500 energy company, has opened an Innovation Center on campus. Ameren is the first major energy company to open an office at the University of Illinois Research Park.

The Ameren Innovation Center will collaborate with university students and faculty and other companies across multiple industries at the Research Park. The goal is to foster an exploratory environment that focuses on innovations to help Ameren better meet the future needs of its customers.

“By establishing an innovative and collaborative work center at a world-class research university with access to top students and faculty, we can better leverage information technology to seize business opportunities and improve our customer satisfaction,” said Mary Heger, vice president of Information Technology and Ameren Services Center and chief information officer, Ameren Services. “We also hope to develop a talent pipeline to help us continue to build a skilled workforce. This is important as we transition to smart grid technologies and explore future new energy services that may be wanted and needed by our customers.”

The Center is hiring for several positions and eventually plans to employ up to 12 students. Undergraduate and graduate students across disciplines will work on a part-time basis on projects ranging from data analytics and mobile applications to projects that focus on the needs of the utility of the future. Some of these projects will leverage Ameren Illinois’ Technology Application Center in Champaign, an on-grid testing facility for smart grid technologies that opened in August 2013. A full-time Ameren site manager will supervise the students and serve as liaison between the Innovation Center and the University of Illinois.

“The Ameren Innovation Center will give our students the opportunity to work on smart energy solutions for the Midwest and beyond,” said Chancellor Phyllis Wise. “Such real-world experiences are examples of the transformative educational opportunities at Illinois that grow from our leadership in engineering, computing and energy.”

The Research Park, located on the campus of the University of Illinois in Champaign, provides an opportunity for technology-based businesses to collaborate with students and faculty. The University of Illinois at Urbana-Champaign’s College of Engineering is among the highest ranked in the nation, and is a highly sought after as a partner for pursuing information security for the energy industry.

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About Ameren

St. Louis-based Ameren Corporation powers the quality of life for 2.4 million electric customers and more than 900,000 natural gas customers in a 64,000-square-mile area through its Ameren Missouri and Ameren Illinois rate-regulated utility subsidiaries. Ameren Illinois provides electric delivery and transmission service as well as natural gas delivery service while Ameren Missouri provides vertically integrated electric service, with generating capacity of 10,300 megawatts, and natural gas delivery service. Ameren Transmission Company of Illinois develops regional electric transmission projects. Follow the company on Twitter @AmerenCorp. For more information, visit Ameren.com.

Press:

Ameren opens Innovation Center at Research Park, The Daily Illini

Ameren opens center in research park, The News-Gazette

Ameren opens Innovation Center in Research Park, WCIA 3 News

 

AbbVie Innovation Center Opens at UI Research Park

Article Source: University of Illinois Research Park

The University of Illinois has announced that AbbVie (NYSE: ABBV), a global research-based biopharmaceutical company based in North Chicago, IL, has opened the AbbVie Innovation Center on campus at the University of Illinois Research Park in Urbana-Champaign.

The AbbVie Innovation Center plans to employ more than 18 students, from undergraduate to graduate level, on a part-time basis throughout the year. Eight students have started working on several AbbVie Research & Development Information Technology projects, which is the initial focus of work in the AbbVie Innovation Center. AbbVie is currently hiring for several open positions.

“At AbbVie, we know that advancing science requires strong collaboration and different ways of working. Establishing this innovative and collaborative work center at a world-class research university offers us access to top students and faculty who can help us explore new ideas,” said Mike Carlin, Vice President, R&D Information Technology, AbbVie. “The AbbVie Innovation Center is a great example of how AbbVie is partnering in unique ways to find new solutions that will have an impact for patients.”

Students will work on real-world projects ranging from utilizing visualization software which can help AbbVie scientists see clinical trial research data in new ways, to harnessing the power of reporting tools which helps AbbVie medical teams identify additional areas of research, to using informatics, text mining and other analytics software to uncover connections in medical research – all of which can lead to discoveries that will improve patient care.

While students will gain real-world professional experience by working directly with AbbVie project managers, an AbbVie Site Manager will manage the students and serve as liaison between the AbbVie Innovation Center and the University of Illinois.

“The AbbVie Innovation Center will give our students the opportunity to be at the forefront of information technologies for leading-edge therapies that can make a difference in people’s lives,” said Chancellor Phyllis Wise. “Such real-world experiences are examples of the transformative educational opportunities at Illinois that grow from our leadership in engineering, big data, and biomedical sciences.”

The Research Park, located on the campus of the University of Illinois in Champaign, provides an opportunity for technology-based businesses to collaborate with students and faculty. The University of Illinois at Urbana-Champaign’s College of Engineering is among the highest ranked in the nation, and is a highly sought after partner for pursuing the integration of engineering, computing, and medicine.

About AbbVie

AbbVie is a global, research-based biopharmaceutical company formed in 2013 following separation from Abbott Laboratories. The company’s mission is to use its expertise, dedicated people and unique approach to innovation to develop and market advanced therapies that address some of the world’s most complex and serious diseases. AbbVie employs approximately 25,000 people worldwide and markets medicines in more than 170 countries. For further information on the company and its people, portfolio and commitments, please visit www.abbvie.com. Follow @abbvie on Twitter or view careers on our Facebook or LinkedIn page.

Press:

U of I, AbbVie partner on innovation center, Chicago Tribune

AbbVie opens site at UI Research Park, The News-Gazette

Yahoo Breaks Ground for New Facility in Champaign

Article Source: University of Illinois Research Park

Champaign, IL – Yahoo! Inc. (NASDAQ:YHOO) broke ground on a new state-of-the-art facility that will serve as an important expansion of its Champaign, IL technology hub. Leaders from Yahoo, State of Illinois, University of Illinois at Urbana-Champaign, and City of Champaign announced plans for the new building and expanded workforce.

Champaign is the home of several Yahoo engineering teams working on critical technologies for the company. Yahoo currently occupies 24,000 sq.ft. of office space and is the largest full-time employer in the University of Illinois Research Park. The new 40,000 sq. ft. building will be solely constructed for Yahoo. Plans include recruitment of engineers over the next 12-24 months.

Yahoo’s SVP of Advertising Technology, Scott Burke, attended the groundbreaking and said, “I’m thrilled to announce our expansion in Champaign. Yahoo has benefited from the world-class engineering talent at Research Park that contributes to our advertising and data systems. We look forward to growing our team and continuing to be a valued member of the local community.”

Champaign-Urbana is the home of the University of Illinois and the National Center for Supercomputing Applications (NCSA). The top-ranked engineering college is a hallmark of Illinois. Chancellor Phyllis Wise said, “Yahoo is an important presence in our Research Park and in our local community. Our students and our faculty have seen great new opportunities through our relationship with Yahoo, and this expansion will open even more of them for all of us.”

“The presence of Yahoo at the U of I is an incredible resource for the technology industry in Illinois,” Governor Pat Quinn said. “Illinois is a technology leader and we are actively working to grow our economy, create jobs and keep our state a center for innovation worldwide. Places like Research Park at the University of Illinois are essential in making Illinois even more competitive.”

“On behalf of the City of Champaign, we are pleased that performance-based employment incentives were able to contribute the positive decision by Yahoo to expand in our community. Yahoo’s growth is a strong example of the thriving high-technology sector in Champaign,” said Mayor Don Gerard.

About Yahoo

Yahoo is focused on making the world’s daily habits inspiring and entertaining. By creating highly personalized experiences, we keep people connected to what matters most to them, across devices and around the world. In turn, we create value for advertisers by connecting them with the audiences that build their businesses. Yahoo is headquartered in Sunnyvale, California, and has offices located throughout the Americas, Asia Pacific and the Europe, Middle East and Africa regions. For more information, visit the pressroom (pressroom.yahoo.net) or the Company’s blog (yahoo.tumblr.com).

About the University of Illinois at Urbana-Champaign

Since its founding in 1867, the University of Illinois at Urbana-Champaign has earned a reputation as a world-class leader in research, teaching, and public engagement. Located on campus, the Research Park at the University of Illinois at Urbana-Champaign is a technology hub for startup companies and corporate research and development operations. Within the Research Park there are more than 90 companies employing students and full-time technology professionals. For more visit www.illinois.edu and www.researchpark.illinois.edu.

Contact at Yahoo: Cathy Singer, Senior Director, cats@yahoo-inc.com
Contact at the University of Illinois: Laura Frerichs, Research Park Director, (217) 333-8323

More press coverage:

Yahoo to add 80 jobs at Research Park site, The News-Gazette

Yahoo expansion to come to University’s Research Park, The Daily Illini