AT&T Labs Chief Describes Quickening Pace of Innovation
at Scholarship Breakfast

Annual Fundraiser Brings in More Than $100,000

Krish Prabhu, president and CEO, AT&T Labs

It’s coming soon: a day when you will be able to have a real-time conversation with someone speaking another language and during the conversation your car will remind you that you forgot your keys at the office.

Technology visionary Krish Prabhu described the scenario as an example of life in the near future when he gave the keynote address at the 2012 Naveen Jindal School of Management Scholarship Breakfast.

“Today, it’s sometimes six to nine months from the time we do something or think about an idea to the time that it shows up in your hands,” said Prabhu, president and CEO of AT&T Labs.

The time it takes for concepts and ideas to move to market will shrink in the future. Innovations are arriving at a pace that consumers want, Prabhu said. “It’s truly the consumer who is ultimately driving the pace of innovation.”

The Jindal School benefits from the faster tempo in corporate advances, Prabhu said. Companies recognize the need for collaborative involvement with students and the university to ensure a future workforce is trained to meet their needs.

A longtime supporter of both UT Dallas and the Jindal School, Prabhu is a life member of the UT Dallas Development Board and inductee into the Metroplex Technology Business Council’s Tech Titan Hall of Fame. He spoke to an audience of about 300 donors, students, alumni, faculty and staff at the November 8 event.

Communications technology and services provider Ericsson and securities broker-dealer Southwest Securities Group co-sponsored the annual breakfast, which also attracted the backing of 23 other corporate supporters.

In all, the breakfast raised $107,000. The funds will be used to create 46 new scholarships, which will be awarded during the spring 2013 semester.

Since it began, the annual breakfast program has raised more than $300,000 and funded nearly 150 new scholarships. The 2012 funds raised count toward the Jindal School’s $50 million campaign goal, as part of the UT Dallas $200 million Realize the Vision: The Campaign for Tier One & Beyond. More than $25 million has been raised so far for the Jindal School.