gets $1 million IBM grant to develop e-business technologies
The University was recently awarded
a $1 million grant by IBM to support initiatives for Internet
technology e-business. The Shared University Research award will
be divided among the Engineering
School, the Commerce
School and the Darden School.
of the funds will be used to create an interdisciplinary e-business
and Internet technology center that will coordinate the research
and curriculum development needed to help explore the potential
has a unique combination of engineering and business capability,"
says John Kelly III, general manager of IBM's microelectronics
division. "This is extremely important to the advancement
of e-business, IBM's core strategy."
goal is to develop effective Web-based technology to support virtual
teams and mobile professionals. This will entail developing new
voice, data and video integration technologies, as well as multimedia
Extensive resources at U.Va. are already dedicated to Internet-based
initiatives. The engineering school recently inaugurated a $1
million Internet engineering teaching lab, the only one of its
kind in the nation, and is moving forward with plans to construct
a state-of-the-art information technology building designed to
spread the new technologies throughout the University and to support
high-tech enterprises throughout the state. The McIntire School
is in the midst of constructing an electronic trading room and
the Darden School, with its Batten Center for Entrepreneurial
Leadership, has become a focal point for high-tech start-ups.
Both the engineering and commerce schools have initiated Web-based
graduate degree programs.