Big Data, Bigger Innovation
'Big data' is big and getting bigger — especially in the age of the internet, when everything's connected and all those bits of information are accessible.
Louisville-based InfoBeyond Technology LLC wants to leverage that for its products, with a lot of help from the University of Louisville. The company specializes in developing early-stage and highly innovative software products for customers to solve the challenging information technology problems in a cost-effective way, while the university is well known for its cutting edge research in this aera.
InfoBeyond called on UofL professor, Dr. Hongxiang Li, and his doctoral students for help with wireless communications and big graph data analytics while developing two new products for cybersecurity. Li said the solution is scalable, and allows for processing huge amounts of data distributively and making critical decisions in real time.
"That helped a lot with how to identify the question clearly and also how to find a solution to solve the problem," said founder, Dr. Bin Xie.
One of the products, the Security Policy Tool, is a software tool that verifies the access control policies, such as who can access a sensitive database. The other product, NXdrive, is a holistic data protection solution against data breach that protects the data from being stolen, tampered with or destroyed.
"Having a relationship with the university, being so research-oriented — you know, the university and research go hand-in-hand," said InfoBeyond sales representative, James Patterson. He said UofL has provided feedback, mentorship and a talent pipeline.
Since starting work with UofL a few years ago, InfoBeyond has ended up hiring students as interns, or for full time jobs. When a project is funded, Li often uses the money to fund graduate research assistantship positions.
"So they (UofL students) get the first-hand experience right away while finishing their degree," he said. "And usually, when they graduate, they get a much better job opportunity."