ACADEMIA

New Research and Development Center in Skolkovo Innovation Hub to Focus on Cloud and Big Data Analytics Solutions for Bioinformatics and Energy Efficiency

EMC plans to establish an R&D center in the Skolkovo Foundation's Innovation Hub in Russia that will focus on development of cloud infrastructure solutions and Big Data analytics technologies for Bioinformatics and Energy Efficiency.  EMC also plans to collaborate on research projects in these and other areas with Russian universities, government agencies, and local and multinational companies in the Skolkovo community. The new EMC facility will be located at the Skolkovo Innovation Center and will work in close cooperation with EMC's existing R&D center in St. Petersburg. The agreement was signed today in Moscow by Joel Schwartz, EMC's Senior Vice President, and Viktor Vekselberg, Skolkovo Foundation President.

The Skolkovo Foundation is a non-profit organization focused on establishing an innovation hub to stimulate innovative entrepreneurship that will benefit Russia and the global economy. Skolkovo's goal is to leverage Russia's resources in the field of contemporary applied research and create a favorable environment for undertaking scientific developments in five priority areas of technological development: power engineering and energy efficiency, space, bioinformatics, nuclear and computer technologies.

In Skolkovo, EMC plans to initially focus on developing cloud infrastructure and Big Data analytics solutions for:

   --  Bioinformatics - Cloud and Big Data analytics technologies that will enable the study of larger quantities of biological data, at a higher precision and in shorter periods of time, to accelerate advancements in personalized medicine. These technologies are expected to be applied to molecular medicine, pharmaceuticals, biomedicine, and industrial biotechnologies.
   --  Energy Efficiency - Big Data analytics tools that will provide actionable intelligence from the massive amount of new smart metering and smart grid data to benefit energy-generating infrastructures in Russia and the rest of the world.
   --  Skolkovo Cloud Infrastructure: EMC also expects to be a technology provider for the Skolkovo community's cloud infrastructure supporting organizations generating massive amounts of data.

EMC's Skolkovo center will be part of its global network of R&D centers operating in Brazil, China, India, Ireland, Israel, Singapore, and the United States. Each center is focused on innovative research and development of EMC offerings such as cloud, Big Data, security, virtualization, information management, and information governance.

"EMC's global R&D centers are cultivating talent and facilitating collaboration with the best professionals in the world. The new center at Skolkovo will be EMC's first to focus on cloud and Big Data technologies for Bioinformatics and Energy Efficiency and our efforts there could completely transform the way data in these areas is analyzed and stored. We are proud to be a member of the Skolkovo community and look forward to a bright future in Russia," commented Joe Tucci, Chairman & CEO, EMC Corporation.

"As a global leader in enabling its customers to store, manage, protect and analyze data, EMC is uniquely qualified to help the Skolkovo community achieve maximum effectiveness by working with their most valuable asset: information," said Viktor Vekselberg, President, Skolkovo Foundation.