SBU Press Release

For Immediate Release
CEWIT and Old Dominion Strategies Partner to Launch AI-Powered Financial Analysis Capability
Stony Brook, NY / Reston, VA – January 22, 2025 – Stony Brook University’s Center of Excellence for Wireless and Information Technology (CEWIT) and Old Dominion Strategies (ODS) have announced a strategic partnership to revolutionize how organizations analyze finances and uncover operational efficiencies. This collaboration introduces an AI-powered capability designed to streamline operations for both government entities and private enterprises of all sizes.
This innovative solution combines CEWIT’s world-class research and technology expertise with ODS’s deep understanding of organizational needs and operational strategy. The result is a groundbreaking tool that helps organizations identify inefficiencies, optimize resources, and achieve measurable results.
“This partnership is a major step forward in applying advanced technology to real-world challenges,” said Rong Zhao, Ph.D., MBA, Director of CEWIT. “Our AI solution is not just about identifying inefficiencies—it’s about empowering organizations to act on those insights and drive meaningful improvements.”
“By working with Pat and his team at ODS, our cutting-edge research in AI at Stony Brook University will quickly get into the hands of the end-users for industry and government,” said Dr. Manoj D. Mahajan, Senior Research Scientist of CEWIT. “We need to be able to fast-track these technologies to deliver efficiency solutions that show results immediately and identify gaps.”
For government agencies, the capability offers a path to greater fiscal responsibility by optimizing resource allocation and enhancing service delivery, ensuring taxpayer dollars are used efficiently. For private sector companies, it provides actionable insights that enhance competitiveness, improve decision-making, and adapt seamlessly to diverse operational models.
“Bringing this technology to market aligns perfectly with our mission to deliver innovative, impactful solutions,” said Pat Philbin, Ph.D., CEO of Old Dominion Strategies. “Whether it’s helping a government agency maximize its budget or a private company improve its bottom line, this capability will deliver value across the board.”
Why This Matters
In an era where both public and private sectors face mounting pressure to do more with less, this partnership delivers a timely solution. For governments, it ensures resources are deployed effectively, leading to better outcomes for citizens. For the general public, it signifies greater transparency, efficiency, and value in both public services and private enterprise operations.
About CEWIT
The Center of Excellence for Wireless and Information Technology (CEWIT) at Stony Brook University is a world-renowned research facility dedicated to advancing wireless and information technologies. Through collaboration with industry and government, CEWIT fosters innovation and translates cutting-edge research into practical applications. Learn more at www.cewit.org.
About Old Dominion Strategies
Old Dominion Strategies (ODS) is a trusted partner to government and industry, delivering strategic insights and transformative solutions. ODS helps clients achieve operational excellence and measurable results by leveraging technology and expertise. Visit www.odstrat.com for more information.
Media Contact:
John P. “Pat” Philbin, Ph.D.
President & CEO
Old Dominion Strategies, LLC
jphilbin@odstrat.com
Dr. Manoj D. Mahajan
Senior Research Scientist & Associate Professor | Stony Brook CEWIT
Co-Director of Innovation Center | College of Business
Center of Excellence in Wireless and Information Technology (CEWIT)
Stony Brook University | www.stonybrook.edu | www.cewit.org
manoj.mahajan@stonybrook.edu
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