The University of Illinois and Capital One (NYSE: COF), today announced
the grand opening of the Capital One Illinois Digital Campus Lab in
Research Park. The Digital Campus Lab is Capital One’s newest lab and
the company’s first partnership with a university.
The Lab will focus on research and experimentation in data science and
data technologies as well as on infrastructure automation and use of the
most modern programming frameworks and technologies such as Open Source,
Big Data, Cloud, DevOps, among others. University of Illinois students,
both undergraduate and graduate, will work year-round in the Lab.
“Engineering is a critical focus for Capital One and we’re attracting
top talent – designers, software engineers, data scientists and product
managers – and empowering them with the technologies they need to
rapidly innovate based on what consumers want today,” said George Brady,
Executive Vice President of Technology Operations at Capital One.
The new Lab extends Capital One’s presence in Illinois, where it has a
large facility in the Chicago area. The Digital Campus Lab will leverage
the strength of data analytics research and education at the University
of Illinois, which crosses many disciplines including computer science,
math and statistics, finance, and information science.
“With the opening of this Lab, Capital One has shown a commitment to
providing realworld opportunities to our students as they apply in real
time what they are learning in the classroom,” said interim Chancellor
Barbara Wilson. “Adding a customer-facing corporation to the Research
Park broadens the experiences our students may tap, enriching their
Illinois education.”
The University of Illinois Research Park is home to innovation centers
for multinational corporations and publicly traded firms including ADM,
Dow Chemical, John Deere, Yahoo!, Anheuser-Busch InBev, Caterpillar,
State Farm, Citrix, Raytheon, and Abbott.
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 UrbanaChampaign 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 information, please visit illinois.edu and
researchpark.illinois.edu.
About Capital One
Capital One Financial Corporation (www.capitalone.com)
is a financial holding company whose subsidiaries, which include Capital
One, N.A., and Capital One Bank (USA), N.A., had $208.8 billion in
deposits and $310.5 billion in total assets as of June 30, 2015.
Headquartered in McLean, Virginia, Capital One offers a broad spectrum
of financial products and services to consumers, small businesses and
commercial clients through a variety of channels. Capital One, N.A. has
branches located primarily in New York, New Jersey, Texas, Louisiana,
Maryland, Virginia and the District of Columbia. A Fortune 500 company,
Capital One trades on the New York Stock Exchange under the symbol “COF”
and is included in the S&P 100 index.
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