IBM announced Shared University Research awards (SUR) for International Institute of Information Technology (IIIT, Hyderabad), Indian School of Business (ISB, Hyderabad) and SP Jain Management Institute and Research (SPJMIR, Mumbai) to promote research in areas of mutual interest. The SUR awards, totaling 210,000 USD, will drive key projects across these three institutes and strive to connect the research and researchers at the universities with IBM experts in similar fields of work.

IIIT- Hyderabad has been awarded to set up Center of Excellence on Cell and Power Multi-core architecture.

ISB has been awarded to foster research on Service Supply Chain Management and Services Operations Management.

SPJMR has been awarded to enhance services course development and specific projects on Business Process Management & Simulations.