IHS makes in-kind gift of $4.4 million in software to EES
Global information and analytics provider IHS has granted a software license worth an estimated $4.4 million over three years to UT Arlington's Department of Earth and Environmental Sciences, giving students and professors access to the latest in petroleum industry technology.
The grant, made in February 2012, represents the largest in-kind gift ever to the College of Science.
The IHS KINGDOM software is widely used in the petroleum and natural gas industry for seismic interpretation related to exploration and production. The Department of Earth and Environmental Sciences will benefit greatly from the company's gift, said Pamela Jansma, College of Science dean.
"UT Arlington geoscience students, especially those in our petroleum-focused Master of Science program, are the real winners here," Jansma said. "This is a great tool, and IHS's generosity will insure they'll be experienced in using this critical software when they graduate."
The American Geological Institute estimated that employment in geoscience-related occupations would grow about 23 percent from 2008 to 2018.
The in-kind agreement for three-year licensing will provide software packages for 25 UT Arlington computers.