WinZO Becomes India’s First Interactive Entertainment Platform To Be Featured On “mSeva”

* mSeva is offering listing and distribution of apps without any charge 

* More than 1000 apps-based services including news, social media, payments etc are available on mSeva app store  

* WinZO is the first gaming application to be available on mSeva 

* This follows Google’s implementation of “arbitrary classification” of online gaming that allows only fantasy gaming and rummy apps on Play Store for a year 

India’s largest interactive entertainment platform, WinZO, is selected to be featured on the government-owned and developed mobile app storemSeva. WinZO is the first gaming & interactive entertainment platform to be available on mSeva, India’s only indigenously built app store launched by the Ministry of Electronics and Information Technology (MeitY). The partnership with mSeva is to further the government’s mission of ‘Atmanirbhar Bharat’ as WinZO is available in 12 vernacular languages with over 100 million users from Tier 2 to Tier 5 parts of Bharat. 20% users make their first ever digital payment on WinZO.  

Speaking about the partnership, Saumya Singh Rathore, Co-founder of WinZO said, “We are elated to partner with mSeva, an app store under the aegis of MeiTY, for the Indians by the Indians. This partnership is in sync with WinZO’s mission to build a world class game tech product to serve every household in Bharat. mSeva will help us increase our reach multiple folds and give India the gaming experience it deserves.” 

The move is also aimed at breaking Google’s monopoly over selection and distribution of applications and high commission charges. Today, the Indian mobile market is heavily dominated by android with 95% market share and this leaves developers with only Google Play Store as an option to publish and distribute their apps. It levies a commission in the range of 30% for in-app purchases. This negatively impacts the revenue of the developers and has long term implications on IP/ content creation in the country because of lack of viable revenue models. 

mSeva, on other hand, does not have any distribution charge for not just delivering government and other public services but also for private players in health, education, agriculture, financial, online payments, social welfare, food, transport, energy, among others. It has created the digital infrastructure to help businesses set up low-cost and quick-to-build apps that can be built using scalable technology. More than 1000 apps-based services including news, social media, payments etc are available on mSeva app store. These include MyGov, Paytm etc. WinZO is also among the early private adopters of the app store and plans to promote mSeva as a way to download the app among its potential users.   

WinZO hosts over 100 games from third party game developers from all across the country. It has a unique micro-transaction based business model that lets game developers and studios generate 100X revenues through its 100 million user base clocking over 3.5 billion microtransactions per month. The social gaming pioneer also created employment opportunities for a diverse set of sections which includes over 500 translators who are mainly stay-at-home housewives, college students, retired government employees, and 75,000 regional micro- influencers who distribute the app in every corner of the country. 

Here’s how to download WinZO from mSeva app: 

Go to   - https://apps.mgov.gov.in/

mSeva AppStore

Koo:Connect with People in your Language! Bombinate Technologies Private Limited

apps.mgov.gov.in

Search WinZO on the search bar 

Click the download button  

About WinZO 

WinZO is the largest social gaming and entertainment platform in India. Launched in early 2018, the Company partners with third party developers to host games on their Android app, where users can enjoy personalized multiplayer gameplay experiences. The platform is available in 12 languages such as English, Hindi, Gujarati, Marathi, Bengali, and Bhojpuri, with over 100 million registered users. The WinZO platform facilitates over 3.5 billion micro-transactions per month across a portfolio of 100+ games. WinZO is focused on building an enthusiastic community of gamers and gaming influencers in Tier II to IV cities in India. The Company envisions a future where the WinZO platform can deliver a culturally relevant and enjoyable experience in the Indian gaming ecosystem, monetized through a unique micro-transaction model. 

Download the WinZO app from www.winzogames.com (Android) or Apple App Store.  

AI In 2023: What To Expect In The Coming Year? IBM Report

IBM hosted its AI Day on 08th December 2022 to reinforce IBM’s commitment to helping clients leverage the power of AI and Automation in the new world. Sandip Patel, Managing Director, IBM India/South Asia, inaugurated the event, where he was joined by Viswanath Ramaswamy, Vice President, Technology, IBM India/ South Asia to drive conversations on how IBM’s AI approach and offerings are creating opportunities for the economy, businesses, and societies in India. As part of AI Day, Rahul Deshpande, Global Practice Delivery Head and Business Solutions Head for AI Solutions Practice, Wipro Limited, discussed ‘Unlocking Business Drivers for AI Adoption’ at a Fireside Chat with Siddhesh Naik, Country Leader, Data, AI & Automation software, Technology Sales, IBM India/South Asia. The event also featured discussions on technology trends that will power India's AI Charter in 2023.

While the pandemic has brought uncertainty to all facets of society, one thing is certain: the importance of technology in daily life has never been greater. Over the past two years, artificial intelligence has helped businesses ease the strain of workforce dislocation, supply chain challenges, IT incidents, customer service interruptions, etc. That is why AI adoption is steadily on the rise. According to IBM’s Global AI Adoption Index 2022, 57% of IT professionals in India report that their organization has actively deployed AI in their business, and over a quarter (27%) indicate that their organization is exploring the use of AI. Going into 2023, there are 7 key areas where we’ll see AI adoption accelerate, leading to more meaningful applications in different industries.

AI Powered Intelligent Automation: With the right AI Powered Automation processes and team in place, intelligent automation will optimize business and IT processes across all industries and combat the growing skills gap to create a deeper focus on higher value work.

Rise of Cyber Assistants: Skilled AI systems or Cyber Assistants are adept at identifying abnormal behaviours, assessing vulnerabilities dynamically and flagging anomalous activity that can indicate new threats. AI will also improve its knowledge over time to better understand cybersecurity threats and cyber risk by consuming billions of data artifacts.

Creating Reusable AI through Foundation Models: The next wave in AI, called foundation models, will replace the task-specific models that have dominated the AI landscape to date by introducing systems that are trained on a broad set of unlabeled data and can be used and re-used for different tasks, with minimal fine-tuning.

Synthetic Data: Data (e.g., financial information, healthcare records and consumer analysis) come with significant hurdles such as privacy, ethics, and copyright laws. Data these days is also often expensive and comes with baked-in vulnerabilities like bias. Synthetic data will offer a work-around because they are computer-generated examples that can augment or replace real data to speed up the training of AI models, protect sensitive data, improve accuracy, or find and mitigate bias and security weaknesses. 

Energizing a Carbon-Neutral Future: Today, environmental risks are business risks, but technology can help companies mitigate them by deploying strategies that decarbonize and digitize businesses across industries. By applying AI technology, companies will establish more transparent, traceable, and decarbonized supply chains. AI and automation will help organizations to collect data, identify risk, validate documentation, and provide audit trails, even in high inflationary periods, while also managing their carbon, waste, energy, water consumption and material utility.

Personalization in Multiple Dimensions: In 2023, AI will continue its impact on the consumer care journey with more personalized and fully realized interactions. Conversational AI with expressions and emotions along with the voice of choice will bring in the personalization needed for making digital transformation possible.

Trustworthy AI implemented at Enterprise Scale: According to IBM’s Global AI Adoption Index 2022, four out of five businesses believe it is important to be able to describe how their AI made a decision. As organizations continue to leverage AI to improve processes, there will be an increased focus on trust, transparency, and governance of AI systems to realize it’s true potential.  Unboxing data to do meaningful EDA (Exploratory data analysis) coupled with platforms to identify bias, data quality and explainability in order to inform customers and regulatory bodies about how specific decisions were made and what factors will change those decisions.

For India to achieve its $5 trillion GDP target by FY27, businesses must draw a significant correlation between AI maturity and its growth trajectory. As the country moves forward on its economic growth path, further enhancing data and AI capabilities at scale are critical. This revolution will not only boost industrial productivity but also transform India's socio-economic situation, powering India’s digital dream.

Supporting Quotes

Sandip Patel, Managing Director, IBM India/ South Asia said, “As digitization in India continues to deepen, companies are eager to deploy AI and automation capabilities at scale to drive innovation and competitiveness. As one of the fastest-growing economies, the world’s largest community of developers and a large start-up ecosystem, India is well poised to lead the AI revolution and establish itself as an AI innovation garage of the world.”

Viswanath Ramaswamy, Vice President, Technology, IBM India/ South Asia said, “AI has truly come into its own in the past few years, especially with self-driving cars, chatbots, and digital assistants. A robust ecosystem for AI is being built in India, and it is a matter of pride to be part of this revolution. When deployed appropriately, AI and Automation can transform government services, education, healthcare, and business interactions with customers in the upcoming techade. AI will scale and move from an operational 'benefit' to an essential element in business growth and modernization. I am excited to see how India@100 could serve as a global laboratory for developing AI technologies in India, for India and the world.” 

Rahul Deshpande, Global Practice Delivery Head and Business Solutions Head for AI Solutions Practice, Wipro Limited said, “AI is no longer a thing of the future- we are living in a world where enterprises are infusing intelligence in their core businesses and flourishing even in a disruptive market. These intelligent enterprises are realising their ambitions with never-seen-before revenue growth and we ourselves as consumers are experiencing the effects. To harness the power of AI and data, we need to measure the E-IQ (Enterprise Intelligence Quotient) of a business. E-IQ assesses an enterprise's current intelligence infusion level and provides capabilities for stepping up its intelligence quotient. At Wipro AI Solutions, we envision AI to be the core of the intelligence fabric that incrementally builds capabilities to address pan enterprise use-cases making AI available across the entire value chain. AI is a diverse and endlessly fascinating area that continues to transform our lives as the engine of productivity and economic growth. ”

Tata Power Delhi Distribution Wins Innovation With Impact Award At ICC's India Energy Summit

Tata Power Delhi Distribution Limited (Tata Power-DDL), a leading power distribution company serving a populace of 7 million in the national capital, has been conferred with the 10th Innovation with Impact Award in the 'Quality of Service and Customer Empowerment' category. The Award ceremony was a part of 16th India Energy Summit organized by Indian Chamber of Commerce (ICC) at New Delhi.

Tata Power-DDL has been honoured with the prestigious award for its system efficiency and outstanding contributions for its commitment towards its consumers. The award assesses the performance of distribution utilities on parameters relating to the quality of services being delivered to the end consumers. Over the years the company has incorporated innovative technology in the field of power distribution and provided the best quality services to its consumers with high efficiency.

The 16th India Energy Summit witnessed the participation of 29 discoms across the country. The winners were evaluated by eminent jury members which included bureaucrats and regulators. Tata Power-DDL has achieved excellence on the administrative and operational front with their consumer-first approach in providing highest standards of services with the state-of-the-art technology integration for seamless customer experience.

Organized by ICC, the summit has succeeded in achieving the recognition of being one of India's most comprehensive and well acclaimed energy events. The summit provided a platform to the energy industry to explore different opportunities for a collaborative growth.

WGSHA Celebrated Annual Awards Day Ceremony 2022

Welcomgroup Graduate School of Hotel Administration (WAGSHA), a constituent unit of Manipal Academy of Higher Education celebrated its annual day awards ceremony on 6th December 2022. The event was held at Fortune Value view lawn, Manipal.

Principal Dr. Chef K Thirugnanasambantham welcomed and escorted the chief guest Mr Sanjay Bose, Executive Vice President - Human Resources and Learning & Development · ITC Hotels along and Mr. Anil Chadha the Divisional Chief Executive of ITC's Hotels business, an alumnus of WGSHA. He also invited Vice-Chancellor. Lt. Gen. Dr M D Venkatesh, Pro-Vice Chancellor- Technical, MAHE, Dr Narayan Sabhahit, and other dignitaries to the stage to pay homage to the late Dr. T.M Pai. Later, Chef Thirugnanasambantham addressed the gathering and delivered the annual report 2022 and the achievements of the WGSHA students. He also added that WGSHA is one of the best hotel schools in the country and is recognized with a 46th international ranking in the world magazine.

This glorious event was delayed for 3 years in aftermath of the Pandemic 2020. The program was commenced by invoking blessings from God Almighty with a devotion song and music service performed by the faculty members and students.

Principal Dr. Chef K Thirugnanasambantham said, “WGSHA is one of the best hotel schools in the country and recognized with 46th international ranking in the world magazine. Students have brought laurels by bagging awards in many competitions academic and co-curricular activities, to mention a few, a Medallion award in the World skill competition held at Lucerne 2022 and a runner-up award in the Korean Culinary Challenge competition conducted by Korean Ministry. To conclude I am stunned to see this generation grow swiftly”

As a token of appreciation and recognition, WGSHA presented the ITC chairman gold medal awards to the best all-around graduating students. Rushali Mahesh (31st-course BHM), Lavanya R Raja (32nd-course BHM), Sanjukta Chakravarthi (33rd-course BHM), and Melroy Sylvester Barboza (7th-course BACA), Raghavi Bajaj (8th-course BACA) and Ruul Bose (9th-course BACA) were the recipients.  The university toppers, Tanchi Emson Lee (7th-course BACA), Divya Sarah Varghese (8th-course BACA), and Sai Motupali Nair (9th-course BACA) were among the recipients of the prestigious award. Chief guests Mr Sanjay Bose and Mr. Anil Chadha presented the gold medal awards, followed by the ITC scholarship awards presented by Lt. Gen. Dr M D Venkatesh.

Vice-chancellor Dr. MD Venkatesh appreciated WGSHA for its excellence in education and research, for launching two new postgraduate programs and being active participants in various national and international competitions, and for bringing pride to MAHE. He wished for faculty members and students and promised to support WGSHA in its development. Chief guest, Mr. Sanjay Bose appreciated WGSHA’s glorious achievements and its outstanding accolades in the hotel industry. He appreciated WGSHA for giving the students platform to showcase their talents and encouraged the WGSHA students to take up internships at ITC and other branded hotels around the Globe.

WGSHA proudly presents the exemplary honor of the ITC leadership award 2022 to Mr. Anil Chada for his stupendous achievements in the hotel industry the award was presented by Dr. H S Ballal, Pro-Chancellor, MAHE, Dr MD Venkatesh, Vice Chancellor, MAHE, Ms Vasanthi R Pai, Trustee MAHE Trust and Mr. Sanjay Bose, Executive Vice President, ITC hotels. The proud alumnus Mr. Anil Chadda was felicitated at the event and extended his profound gratitude to WGSHA for honoring him with the distinguished alumnus award. He shared the tremendous journey with WGSHA and its fruitful impact on his career life. He quoted ‘You must live your dream and to do that you must have a dream and follow it diligently’ and Vice principal P Raj Shekhar proposed the vote of thanks.  WGSHA concluded the event by hosting a cultural fest and an extravagant feast prepared by the students and faculties members under the guidance of Chef Thiru and his team. At the end of the event, WGSHA was delighted to receive constant and enthusiastic feedback from the parents and students.

Rahul Pagidipati Returns As The New CEO Of ZebPay India

·         Avinash Shekhar, former CEO, will launch his own Web3 startup, wherein ZebPay will be an investor

·         Rahul will focus on ZebPay’s growth strategy as well as day-to-day operations

ZebPay, India’s oldest and most trusted crypto asset exchange, announced today that Rahul Pagidipati has been back in charge as the CEO of ZebPay effective December 1, 2022. Rahul will spearhead ZebPay’s operations and work with the current leadership team to grow current and new lines of business.

Rahul Pagidipati first became CEO of ZebPay in January 2020, when he acquired majority ownership from the three co-founders. In June 2021, ZebPay announced that Rahul Pagidipati and Avinash Shekhar would share responsibilities as co-CEOs, with Avinash focusing on increasing ZebPay’s market share in India as well as growing the company’s revenue, while Rahul led international growth and strategy. In December, Avinash took over as the CEO, while Rahul continued to support and guide him as chairman, with the in-house title of Un-CEO. The new title was designed to complement and empower Avinash and reflected the company’s long-term goal of becoming more like a DAO (decentralized autonomous organisation).

Also joining ZebPay’s active leadership will be Dr. Devaiah Pagidipati, current board member and founder of NAADAM (National Association for Advancement of Dalits, Adivasis, and Minorities). A successful serial entrepreneur and investor, Dr. Pagidipati will guide a new ZebPay unit focused on service to governments and NGOs.

Rahul has been investing in blockchain and digital currencies since 2011 and strongly believes that blockchain technology has the potential to transform the world across numerous industries and public services. As CEO, he plans to expand ZebPay’s business with innovative products and services tailored to retail and institutional customers, as well as government and nonprofits. ZebPay will continue to focus on investor education and creating a seamless user experience.

The former CEO, Avinash Shekhar, will embark on his entrepreneurial journey with the launch of his own venture in the Web3 space.

On his appointment as CEO, ZebPay, Rahul Pagidipati said, “I’m excited to be back as CEO of ZebPay. I never stopped being involved at the strategic level, but this year my focus has been on growth and investment opportunities. As I step back into daily operations, we will build new products and services focused on the specific needs of our different customer groups, whether they be individuals, institutions, or government”.

“That includes the needs of regulators, because even as we innovate, we remember that ZebPay has a unique legacy of trust. Most Indian crypto investors started at ZebPay. We’ve been keeping customers’ funds safe since 2014 and we’ve worked with law enforcement on numerous cases. We’ll continue to set the standard for trust and transparency so that black swan events do not impact ZebPay and its customers”.

“Avinash has been a great partner in building ZebPay’s India operations and has contributed significantly in strengthening ZebPay’s position as one of the leading crypto exchanges in India. We  wholeheartedly support Avinash’s aspirations to become an entrepreneur and will be a stakeholder in his new venture as we believe in his vision”.

Avinash Shekhar, former CEO at ZebPay said, “I am grateful to have had the opportunity to lead ZebPay, a firm proud of its strong business and ethical values. Building ZebPay has been a wonderful and rewarding journey as I was able to closely witness India’s potential for the crypto and Web3 space. This, in fact, birthed the idea for my new venture. Rahul has always been my sounding board throughout my journey at ZebPay and has been nothing but supportive, when I expressed the desire to take the entrepreneurial route. I am confident that Rahul’s expertise and passion for the Web3 space will help ZebPay in reaching new heights”.

In addition to being the CEO of ZebPay, Rahul is also a Chief Investment Officer at Ayon Capital, where he guides research and strategy for Ayon’s blockchain investments, including ZebPay, Brave, and Ledger. Rahul has an JD/MBA from the Northwestern University School of Law and Kellogg School of Management.

About ZebPay

ZebPay is India’s most secure Bitcoin and crypto asset exchange, with more than 7 million users. Founded in 2014, ZebPay aims to be the leading blockchain asset solution provider and the #1 financial advisor for all Indians invested in the crypto space. The company’s mission is to help its members achieve financial freedom in the Web3 economy. ZebPay’s secure and compliant exchange is available via the web and on Google Play Store and Apple App Store. ZebPay also operates an exchange in Australia and Singapore, serving 162 countries. ZebPay members can invest in Bitcoin, Ethereum, and many other crypto assets, trading both crypto-fiat and crypto-crypto pairs. ZebPay OTC, a bespoke trading desk for high-volume clients, serves both individuals and institutions.

For more details  visit: https://zebpay.com/otc/

SaaS FinTech Zaggle Bags ‘The Next 100 Global Awards 2022 - Spend Management Solutions’

Zaggle, a profitable SaaS FinTech company and a pioneer in digitizing business spends, has been awarded with ‘The Next 100 Global Awards 2022 - Spend Management Solutions’ for their product ‘Zoyer’. Infosys, Finacle, Banco Santander (Chile), Maveric Systems, Union Bank of the Philippines were few of the other corporates recognized at these awards.

‘Zoyer’ is a cloud-native platform, available on a SaaS model and automates complete accounts payable lifecycle of a corporate. Zoyer unites accounts payable and credit card payments onto a single platform to enable enterprises streamline business to business payables for effectively managing operating cash flows and maximizing business performance.

The Global Banking and Finance Awards recognize organisations across the banking and FinTech industry. The awards felicitate companies at the forefront whose strategy, achievements, dedication, and leadership demonstrate outstanding achievement and are committed to delivering the products as per clients needs, acting as a catalyst for the industry. Since 2011, these awards have been reflecting the progressive and inspirational changes taking place within the global financial community.

Raj N, Founder and Chairman, Zaggle said, "It is a proud moment for all of us at Zaggle to have been recognized by the Global Banking and Finance Awards. With innovation at the crux, we work hard to provide organisations with new and innovative solutions to maximise organisation efficiency and employee productivity. ‘Zoyer’ a cloud native platform is available on a SaaS model and it simplifies, automates B2B payments for enterprises and SMEs thereby helping in efficiently managing cash flows. This award acknowledges Zaggle's progress and motivates us to push the envelope and further disrupt the Spend management sector which presents a huge opportunity in itself.”

Avinash Godkhindi, MD & CEO, Zaggle said, “We are honoured to be recognised at the Global Banking and Finance Awards. At Zaggle, our aim has been to develop cutting-edge solutions that will automate processes and empower companies to boost its productivity, efficiency, and transparency. Some of the biggest corporations and SMEs in India currently use Zaggle's multi-product suite to enhance organisation efficiency, maximise employee productivity and channel incentives. This award is a testament to Zaggle's innovation and contributions to the SaaS FinTech sector.”

Zaggle has had a phenomenal growth journey in the $1 trillion addressable Indian spend management market. The company provides its customers with a unique expense management system along with employee rewards and recognition program services. Zaggle has been consistently expanding its product line with an aim to tap into the spend management space in the country.

About Zaggle

Zaggle is a profitable SaaS FinTech company that is digitizing business spends to drive growth and unlock value through innovative and automated workflows. Zaggle was founded by Raj N., a serial entrepreneur, and an active angel investor. The company began its journey in 2011 with the vision of developing a digital ecosystem that would connect corporates and SMBs with their users, partners, merchants and other intermediaries through its innovative FinTech solutions on a SaaS platform. Since inception, Zaggle has continuously evolved to develop new products and solutions in similar spaces. Zaggle’s specialty lies in arraying cutting edge technologies viz., AI (Artificial Intelligence), ML (Machine Learning) and OCR (Optical Character Recognition) which are conducive in facilitating a seamless experience to our users. At present, Zaggle is closely working with IndusInd, RBL, NSDL Payments Bank and YES Bank and RuPay, VISA and MasterCard.

Currently, Zaggle has 1,750+ active clients, 12000+ merchants and over 1.7 million+ active users. The company has offices across 7 cities with 250+ employees and is committed to bringing the best-in-class user experience to its users.

Zaggle’s Products:

•Save: Save is an all-in-one expense management and employee benefits platform that enables companies and their employees to save by digitising, organising and aggregating spends, thereby saving time and money. Employees can simply upload and approve expenses, save tax with flexible employee benefit plans with a single card that can replace food coupons, food card, fuel card, travel vouchers, and gift card. Employers can add tax-free benefits electronically to the card and help their workforce save tax without any hassle. The platform is powered by AI and ML which can easily identify and duplicate bills and helps companies save more annually.

•Propel: Propel is an employee rewards & recognition and channel incentivization solution that enables companies to communicate, engage, motivate and reward its employees and channel partners to drive growth. It helps in solving the intricate issues that involve the management of the complete lifecycle of sales incentives right from the development of schemes until the end-users receive it including analytics and reconciliation. This platform manages all your reward programs from a single integrated platform to increase productivity, greater profitability and reduced attrition.

•Zoyer: Zoyer is an accounts payable and payments automation platform that helps organizations evolve accounts payable into a strategic, data-led, function. By embedding automation and intelligence into core invoice to pay process workflows, the platform empowers finance leaders with a single line of sight to improve efficiency of enterprise-wide spend decisioning to maximize the value of every dollar spent and optimise outgoing cash flows.

NEC Corporation India Signs MoU With Chitkara University To Revolutionize Learning In AI/ML, Using NEC SX-Aurora TSUBASA

* Co-creating state-of-the-art AI/ML and HPC facility with accredited academic institution for enabling learning and growth for students, researchers and faculties  

NEC Corporation India, a wholly owned subsidiary of NEC Corporation, has signed a memorandum of understanding (MoU) with Chitkara University to collaborate on the development of a comprehensive academic program for aspiring students to receive hands-on training supported by leading research infrastructure in the areas of Artificial Intelligence (Al), machine learning and High-Performance Computing (HPC).

Over the last two decades, the world has seen a radical transformation in AI research and HPC fields, transforming from a relatively niche domain into an extensive web of pioneering innovations empowering almost every facet of life. To accelerate India's vision of a technically empowered nation, NEC India will co-develop a state-of-the-art education program to help students achieve their full potential across industries by establishing a dedicated AI/ML and HPC lab on the Chitkara University campus.

This partnership will provide an opportunity for the University to upskill and train its students, faculty and academic researchers in AI. It will also enable students to obtain job-ready certifications and be ready for suitable employment opportunities within and outside NEC upon completion of the program.

In this year’s Network Readiness Index 2022, while India improved by six spots to rank 61 out of 131 economies, India ranks first in AI talent concentration. Initiatives such as NEC’s collaboration with Chitkara University will further enhance India’s tech talent pool.

On signing the MoU, Deepak Jha, General Manager & Head, Artificial Intelligence Platform, NEC Corporation India, said, “AI/ML and HPC will be the drivers of technology and social changes in upcoming years. This joint program will create industry-ready professionals. We at NEC India strive to build state-of-the-art solutions focused on overcoming complex business challenges, and above all, we believe in sharing our domain knowledge, skills and expertise with future generations. This collaboration with the esteemed university is driven by the belief and desire to support academic institutions across India”.

As part of this agreement, NEC India will also provide a vector engine system, the SX- Aurora TSUBASA, to the university. With the establishment of the lab, NEC aims to equip Chitkara University with the technology infrastructure required for the complete course, hands-on training and job-oriented research facilities.

Dr. Madhu Chitkara, Pro-Chancellor, Chitkara University, said, “The realm of technical education is one which has been evolving constantly and at great speed. This MoU will enable and equip young graduates with analytical capabilities including the use of AI and ML that will help unlock the benefits of digitalization and innovation. We aim to unlock a blended education experience that will help young graduates be in sync with technology changes and hone the skills they will need to succeed in a modern workplace.”

About NEC Corporation India (NEC India)

NEC is a leader in the integration of IT and network technologies and brings more than 123 years of expertise in technological innovation to provide solutions for empowering people, businesses, and society. Headquartered in Japan, NEC started operations in India in the 1950s, accelerating its growth through the expansion of business to global markets. NEC in India expanded its business from telecommunications to public safety, logistics, transportation, retail, finance, unified communication, and IT platforms, serving across governments, businesses as well as individuals. With its Centre of Excellence for analytics platform solutions, big data, biometrics, mobile and retail, NEC in India offers innovative new services and solutions for India and global markets. 

For further information, visit: https://in.nec.com/