Today the University of Maryland University Campus (UMUC) announced its plans to spin off their Office of Analytics into a separate for-profit ed tech company.
The University System of Maryland Board of Regents today approved a University of Maryland University College (UMUC) plan to spin off its Office of Analytics into a new company, HelioCampus, that will provide business intelligence products and services to universities nationwide. [snip]
The new company will provide a foundational analytics platform and data analysis services. This comprehensive offering will include all the tools needed to support or jumpstart an analytics program. HelioCampus will host a secure platform in the cloud that will include flexible data models and best-in-class visual analytics to accelerate analysis.
The technology will be complemented by a team of higher-education and business-intelligence experts. Each institution will be assigned a dedicated analyst that will partner with key stakeholders to interpret the data and highlight key trends.
The Chronicle quotes two UMUC execs – CIO Pete Young (staying at UMUC) and VP for Analytics Darren Catalano (leaving UMUC to become HelioCampus’ chief executive). It is worth noting, as Stephen deFilipo did on Twitter, that both Pete Young and Darren Catalano come from Rosetta Stone. (more…)