IHS Donates Software Valued at $4.4 Million
Summer 2012 · Comment ·
The burgeoning geoscience industry requires expertly trained professionals. A recent in-kind gift from IHS is ensuring that UT Arlington graduates have the skills to succeed in this highly competitive field.
IHS, a global information and analytics provider, granted a software license worth an estimated $4.4 million over three years to the . The gift will give students and professors access to the latest in petroleum industry technology.
The company granted the license to the . The software it covers is widely used in the petroleum and natural gas industry for seismic interpretation related to exploration and production. The agreement provides software for 25 computers.
鈥�The goal of the IHS Educational Gifts program is to put leading-edge geoscience software in the hands of students and faculty for educational and research purposes,鈥� says Bill Stephenson, IHS vice president of sales, Americas. 鈥淚t also gives them software experience with the tools that are used in the global energy marketplace.鈥�
College of Science Dean Pamela Jansma believes the Earth and Environmental Sciences Department will benefit greatly from the聽gift.
鈥�UT Arlington geoscience students, especially those in our petroleum-focused Master of Science program, are the real winners here,鈥� she says. 鈥淭his is a great tool, and IHS鈥檚 generosity will ensure they鈥檒l be experienced in using this critical software when they graduate.鈥�
The American Geological Institute estimates that employment in geoscience-related occupations will grow 23 percent from 2008 to聽2018.