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HEWLETT PACKARD ENTERPRISE

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Hewlett Packard : University of Houston, Hewlett Packard Enterprise collaborate on data science

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11/03/2018 | 12:26pm EDT

A new collaboration between the University of Houston and Hewlett Packard Enterprise will aim to use data science for solving problems in health care, energy and other local industries.

The two organizations on Friday announced that Hewlett Packard Enterprise will give $10 million to the university`s Data Science Institute, which will be renamed the Hewlett Packard Enterprise Data Science Institute.

The money from Hewlett Packard Enterprise will also provide funding for a scholarship endowment and equipment to enhance data science research activities. In addition, Hewlett Packard Enterprise leaders will become lecturers for UH classes, and UH researchers can help solve problems for Hewlett Packard Enterprise customers.

Students will likewise work on research areas suggested by Hewlett Packard Enterprise, part of an effort to focus on real-world problems.

"A significant portion of our workforce here are alumni, so we are thrilled to have an opportunity to drive innovation in data science and shape the future workforce in that area," Mark Potter, chief technology officer for Hewlett Packard Enterprise, said in a news release. "We look forward to continuing to expand the partnership over time and tackling meaningful research that will accelerate discoveries for the industry."

The Data Science Institute is a relatively new program for the university, announced just one year ago.

(c) All KUNA right are reserved 2018. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2019 30 855 M
EBIT 2019 2 737 M
Net income 2019 1 259 M
Debt 2019 9 068 M
Yield 2019 3,00%
P/E ratio 2019 14,63
P/E ratio 2020 12,26
EV / Sales 2019 0,97x
EV / Sales 2020 0,99x
Capitalization 20 953 M
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Mean consensus HOLD
Number of Analysts 18
Average target price 17,3 $
Spread / Average Target 13%
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Managers
NameTitle
Antonio Fabio Neri President, Chief Executive Officer & Director
Patricia Fiorello Russo Chairman
Tarek A. Robbiati Chief Financial Officer & Executive Vice President
Archana Deskus Chief Information Officer
Mark R. Potter CTO & Director-Hewlett Packard Labs
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