University at Buffalo Company Profile

Background

The University at Buffalo (UB), officially known as the State University of New York at Buffalo, is a public research university located in Buffalo and Amherst, New York. Established in 1846 as a private medical college, UB merged with the State University of New York (SUNY) system in 1962. As one of the two flagship institutions of the SUNY system, alongside Stony Brook University, UB is the largest public university in New York State, enrolling nearly 32,000 students across 13 schools and colleges as of fall 2023.

UB's mission is to provide comprehensive education and conduct innovative research that addresses global challenges. The university's vision emphasizes fostering a diverse and inclusive community dedicated to academic excellence and societal impact.

Key Strategic Focus

UB's strategic initiatives are encapsulated in the "UB 2020" plan, launched in 2004 under President John B. Simpson. This plan aims to expand the university by increasing student enrollment by approximately 10,000, adding 750 faculty members, and 600 staff, thereby growing the institution by about 40%. A significant component of UB 2020 is enhancing the university's contribution to the regional economy, with an estimated impact of $1.7 billion, expected to rise correspondingly with institutional growth.

Financials and Funding

As of the fiscal year 2022, UB reported revenues of $610.3 million and a net income of $134.0 million. The university's endowment stood at $1.0 billion in 2021.

Pipeline Development

UB is actively involved in research and development across various disciplines. Notably, the university has been granted patents, such as the one for "Salivary tissue regeneration using laminin peptide-modified hydrogels," filed on September 19, 2016.

Technological Platform and Innovation

UB houses two New York State Centers of Excellence:

Center of Excellence in Bioinformatics and Life Sciences (CBLS): Focuses on advancing research in bioinformatics and life sciences, fostering collaborations between academia and industry.

Center of Excellence in Materials Informatics (CMI): Aims to drive innovation in materials science through data-driven research and partnerships.

Additionally, the Center for Marketing Analysis within the School of Management collaborates with companies to develop marketing solutions, leveraging artificial intelligence and machine learning to address business challenges.

Leadership Team

Satish K. Tripathi, Ph.D. – President: Dr. Tripathi has been serving as UB's president, leading the university's strategic initiatives and academic programs.

A. Scott Weber – Provost and Executive Vice President for Academic Affairs: Oversees the university's academic operations and initiatives.

J. Brice Bible – Vice President and Chief Information Officer: Manages UB's information technology services and infrastructure.

Leadership Changes

There have been no recent significant changes or appointments within UB's leadership team as of April 2025.

Competitor Profile

Market Insights and Dynamics

UB operates within the higher education sector, which is characterized by increasing competition for student enrollment, research funding, and academic prestige. The market is influenced by factors such as technological advancements, demographic shifts, and evolving educational demands.

Competitor Analysis

Key competitors include:

University of Kentucky: A public research university with approximately 14,100 employees and revenues of $5.5 billion.

Wright State University: Employs around 1,596 staff and reports revenues of $160.4 million.

University of Maine: With 2,384 employees and revenues of $280.1 million.

Illinois State University: Employs 3,612 staff and has revenues of $377.3 million.

University of Colorado Boulder: A public research university with approximately 10,200 employees and revenues of $1.1 billion.

Strategic Collaborations and Partnerships

UB actively engages in partnerships to enhance its research capabilities and economic impact:

Buffalo Niagara Medical Campus (BNMC): UB collaborates with institutions like Roswell Park Comprehensive Cancer Center and Hauptman-Woodward Medical Research Institute to advance bioinformatics and human genome research.

Business and Entrepreneur Partnerships: UB connects with businesses to foster innovation, offering resources such as R&D support, access to experts, and technology licensing.

Operational Insights

UB's strategic initiatives, such as UB 2020, position the university to expand its academic offerings and research endeavors. The establishment of centers like CBLS and CMI underscores UB's commitment to interdisciplinary research and collaboration with industry partners.