Thursday, August 22, 2024

Experian India Launches AiDRIAN: AI-Driven Solution To Tackle Fraud In The Financial Industry


* AiDRIAN detects potential fraud in real time.

* Customers globally have seen revenue boost up to 15% through reduced false positives.

* Eases risk management team’s burden by minimizing manual reviews.

Experian India, a leader in data and technology, has unveiled AiDRIAN, an advanced tool that detects potential fraud. AiDRIAN offers a comprehensive approach for detecting potential fraud at its source, preventing the possibility of financial loss in real time, and maintaining the company's reputation. The tool enhances customer experience while reducing the need for manual reviews and interventions.

According to Experian’s 2024 Future of Fraud Forecast report, nearly 70% of businesses report increased fraud losses in recent years, and over half of consumers feel more vulnerable to fraud than before. AiDRIAN addresses these challenges with its advanced capabilities to detect potential fraud. The platform integrates device profiling, analysing over 150 device parameters to create unique device IDs and identify anomalies. This real-time protection improves customer experience and adapts new tactics through self-learning capabilities.

Manish Jain, Country Managing Director of Experian India, said, “With the alarming increase in frauds reported by banks this year, the financial industry faces unprecedented challenges. Experian recognized the need for lenders to reduce fraud levels without impacting conversion rates, leading to the creation of AiDRIAN. This innovative solution focuses on revenue growth by aiming to differentiate between legitimate customers and potential fraudsters, significantly reducing false positives. With this solution, we have seen customers in other markets grow their revenues by up to 15%."

He added, “AiDRIAN has very high accuracy in identifying potentially suspicious devices from where fraudulent transactions may be generated, which minimizes the volume of manual reviews and eases the burden on fraud teams. Its machine learning model is self-learning and continuously re-trained with new data, offering increasingly accurate recommendations over time. For the lending industry, where trust and security are paramount, adopting advanced technologies to detect potential fraud with AiDRIAN is essential to mitigate risks and build competitive advantage.”

AiDRIAN seamlessly integrates with existing fraud detection systems of organizations and prevents potential frauds at the source. The tool plans to offer a Closed User Group (CUG), a restricted data-sharing network where members may exchange information about known potential fraudulent activities. This aids in cross-platform detection, identification of fraud hotspots using IP-geolocation data, and recognition of multiple identities on one device.

Wednesday, August 21, 2024

TiE Bangalore & Atria University Partner To Launch Sustainable Entrepreneurship School & Youth Engagement


Highlights:

* Atria School of Sustainable Entrepreneurship supported by TiE Bangalore (ASSET) to offer a comprehensive suite of educational programs, stackable certification courses, a four-year degree through sprints, and a unique  entrepreneurship  Beyonder Studio.

*  Global GreenFlame Campaign kicks off, targeting 100,000 pledges to drive global sustainable entrepreneurship, culminating at TiE Global Summit 2024 (TGS2024) in Bengaluru

In a significant development on World Entrepreneurs Day, TiE Bangalore and Atria University have signed a Memorandum of Understanding (MoU) to launch the Atria School of Sustainable Entrepreneurship supported by TiE Bangalore (ASSET). This strategic partnership aims to create a pioneering platform dedicated to advancing sustainable business practices by equipping future entrepreneurs with vital skills and knowledge. In conjunction with this partnership, TiE Bangalore has launched the TGS2024 GreenFlame of Entrepreneurship Global Campaign. This initiative is set to engage the global entrepreneurial community, secure 100,000+ pledges to drive meaningful action toward a sustainable future among youth.

The MoU was signed by Shri Madan Padaki, Chair of TGS2024 and President of TiE Bangalore, and Shri Dr. Rajeevan Madhavan Nair, Vice Chancellor of Atria University and former Secretary in the Ministry of Earth Sciences (MoES), Government of India.

The Atria School of Sustainable Entrepreneurship supported by TiE Bangalore (ASSET) will offer a comprehensive suite of educational programs, including workshops, certification courses, diploma programs, and a four-year degree. These offerings will cover crucial areas such as NetZero, Circular Economy, Asset Tokenization, and Responsible AI, while also focusing on Design Thinking, Rapid Prototyping, and Market Validation. The degree program will also include 8 additional sprints concentrating on Entrepreneurship, such as Ideation to Design, Validation & Viability, Market Sizing, and Business Model Innovation, with mentoring support from Entrepreneurs-in-Residence (EiRs). TiE mentors and angel investors will guide and shape startup projects, provide monthly talks/ masterclass  by successful entrepreneurs, and offer internships in TiE startups. Atria University will also provide a dedicated co-working space, Beyonder Studio, which will host sustainability-focused startups recommended by TiE. These startups will benefit from open access to academic sprints, interaction with CoE practitioners and faculty, and collaboration with Atria University students across various majors.

Present at the signing of the Memorandum of Understanding (MoU), Madan Padaki, President TiE Bangalore and Trustee, TiE Global said, “The 20th-century industrial revolution borrowed from the future to pay for the present. We must break this pattern and find ways to achieve sustainable economic growth uncoupled from environmental degradation. This is where sustainable entrepreneurship comes into play. By combining traditional business acumen with a deep understanding of environmental and social issues, sustainable entrepreneurs aim to create solutions that address global challenges while generating profit. This partnership represents a pivotal moment in our commitment to nurturing sustainable entrepreneurship. By combining our strengths with Atria University’s academic excellence, we aim to create a vibrant ecosystem that not only supports but accelerates the growth of innovative and sustainable enterprises.”

Dr. Rajeevan Madhavan Nair, Vice Chancellor of Atria University and former Secretary, Ministry of Earth Sciences (MoES), Government of India, emphasizes the importance of this approach.  "We are seeing a fundamental shift in how we view economic opportunities. Global challenges like climate change and biodiversity loss aren't just problems to solve – they are opportunities for innovation and new business models. We are thrilled to embark on this journey with TiE Bangalore. The launch of the Atria School of Sustainable Entrepreneurship on World Entrepreneurs Day underscores our shared vision of fostering a new generation of entrepreneurs who will lead with sustainability at the core of their business practices.”

The TGS2024 Green Flame campaign will feature a vibrant virtual green flame animation symbolizing the global movement towards sustainable entrepreneurship. As the campaign progresses, each TiE chapter globally will be spotlighted on the microsite map as the flame reaches its region. Chapters will maximize engagement by sharing inspiring messages, celebrating green entrepreneurs, and posting impact stories on social media. The campaign aims to secure 100,000 pledges and achieve millions of social media impressions, showcasing the global entrepreneurial community's commitment to sustainability.

“The TGS2024 Green Flame of Entrepreneurship embodies our collective commitment to building a future where business success is deeply intertwined with sustainable practices. This initiative is not just about pledges; it’s about igniting a global movement that will inspire young entrepreneurs to lead with purpose and responsibility.” Madan Padaki added.

Karnataka VLSI (K-VLSI) Program Celebrates First Cohort Valediction Function At IIIT-B


In a momentous event, the first cohort of the Karnataka VLSI (K-VLSI) programme celebrated their valediction today at the International Institute of Information Technology Bangalore (IIIT-B). Seventy seven students were awarded the certificates in a grand ceremony, marking the successful completion of a transformative journey designed to bridge the gap between academic knowledge and industry requirements in the VLSI domain.

The valedictory ceremony was graced by distinguished guests, including Shri. Priyank Kharge, Hon. Minister for Rural Development, Panchayat Raj, IT, BT, and Science & Technology, and Dr. Ekroop Caur, IAS, Secretary of the Department of IT, BT & ST, Government of Karnataka. Other notable attendees included Mr. BV Naidu, Chairman of KDEM, Mr. Ashok Mishra, EC Member of IESA, representatives from FutureWiz, the NOIDA-based ed-tech training partner, and industry partners from Karnataka.

In his address, Prof. Dr. Debabrata Das, Director of IIIT Bangalore, emphasized the collaborative effort of Department of IT-BT, Governmnet of Karnataka, IIIT-Bangalore, KDEM, IESA, and SFAL, stating, “The Next Generation Karnataka-VLSI (K-VLSI) Design Program addresses the urgent need for skilled professionals in VLSI design in IIITBangalore. By collaborating with ITBT Department of GoK, IESA and KDEM, we are providing a rigorous 6-9 month training program designed to equip students with the skills necessary to excel in the rapidly expanding Electronics System Design and Manufacturing (ESDM) industry.”

Minister Shri. Priyank Kharge remarked, “The K-VLSI program exemplifies how public-private partnerships can drive innovation and skill development. We are proud of the achievements of this first cohort and excited to see their impact on the semiconductor industry.”

The K-VLSI program, supported by the Karnataka Digital Economy Mission (KDEM), the India Electronics and Semiconductor Association (IESA), and the Semiconductor Fabless Accelerator Lab (SFAL), aims to advance semiconductor technology in India. The initiative provides intensive training and hands-on experience, preparing students for the future of semiconductor technology.

Out of a competitive pool of 521 applicants from various institutes across Karnataka, 120 students were shortlisted, and 77 were selected based on their academic performance and potential. Most of the students hail from rural areas such as Tiptur, Bellari, Bagalkotte, Chikmagalur, Tumkur and other places of Karnataka showcasing the program's reach and inclusivity. The selection process involved rigorous assessments and interviews to ensure that the most promising candidates were chosen.

The six-month program included over 300 hours of specialized training, blending live classes, practical sessions, and internships with leading VLSI firms. The students gained expertise in design systems, verification systems, embedded systems, and hands-on experience within the VLSI domain. Funded predominantly by the Karnataka Government, which is highly subsidized by the Government of Karnataka, the program underscores the state’s commitment to nurturing technological talent.

The successful completion of the KVLSI program marks the beginning of a new chapter for these graduates, who are now equipped with the skills and knowledge to excel in the rapidly evolving field of VLSI technology. As Karnataka solidifies its role as a tech hub, housing 46% of India’s innovative companies and contributing 10% of industrial output, this initiative highlights the state's growing commitment to the tech sector.

These graduates represent the first batch of a new tech experts, poised to contribute to India’s expanding semiconductor industry. Through proactive programs like K-VLSI, Karnataka is reinforcing its role as a key player in shaping the future of technology.

About IIIT-Bangalore 

IIIT-Bangalore is a premier institute dedicated to undergraduate and postgraduate programs specializing in Computer Science and Engineering (CSE), Electronics and Communication Engineering (ECE), Data Science and Artificial Intelligence (DSAI), IT for Society, and broader fields of IT and research. Situated in the heart of Electronic City, Bangalore, it holds a prominent position in the academic landscape. IIIT-Bangalore is graded A+ by National Assessment and Accreditation Council (NAAC). IIIT-Bangalore secured the 74th position in the National Institutional Ranking Framework (NIRF) rankings for the second consecutive year, 2024 reflecting its commitment to academic excellence. The institute was ranked number 9 among India's Best Technical Universities (Private) by India Today. IIIT-Bangalore contains state-of-the-art infrastructure, eminently qualified faculty, a vibrant alumni community, cutting-edge research facilities, and close industry collaborations.

The institute’s specially designed courses make the students’ cognizant of the current technologies. Experiential learning and practices followed in the institute equip them with the tools and knowledge to solve contemporary real problems. IIIT-Bangalore has consistently achieved excellent placement records every year since its establishment in 1998, thanks to the unwavering support of the industry and the expanding pool of highly skilled alumni.

For more information about IIIT-Bangalore, please visit www.iiitb.ac.in.

Tata Motors Aigns MoU With Delta Electronics And Thunderplus Solutions To Install 250 Fast- Charging Stations


Tata Motors, India's largest commercial vehicle manufacturer, today announced that it is collaborating with Delta Electronics India and Thunderplus Solutions Pvt Ltd to expand charging infrastructure for its electric commercial vehicles by setting up 250 new fast charging stations across the country. Strategically located in and around over 50 cities, including Delhi, Mumbai, Chennai, Bengaluru, Pune, and Kochi among others, these new charging stations will significantly increase the existing network of 540 commercial vehicle charging points.

E-commerce companies, parcel & courier service providers, among other industries, are increasing the adoption of commercial EVs for the last-mile deliveries to reduce their carbon footprint. Basis its understanding of commercial EV movement, Tata Motors will recommend optimal locations and nearest dealerships for setting-up these fast-charging stations. While Delta Electronics will supply the necessary hardware, Thunderplus Solutions will install and operate them.

Speaking about this collaboration, Mr. Vinay Pathak, Vice President & Business Head – SCV&PU, Tata Motors Commercial Vehicles, said, "Our endeavour is to make emission-free cargo transportation easily accessible. Expanding the available charging infrastructure on high-use routes will encourage more customers to opt for electric commercial vehicles and improve vehicle uptime resulting in higher revenues and better profitability, while contributing towards a cleaner, greener environment. Installing fast chargers at our dealerships makes it convenient for them to gain access at a familiar location with reliable charging facility.”

Representing Delta Electronics India Pvt Ltd, Mr. Niranjan Nayak, Managing Director, added, "Delta aims to provide innovative, clean and energy-efficient solutions for a better tomorrow. This collaboration with Tata Motors and Thunderplus allows us to contribute significantly to India's electric cargo ecosystem. Our advanced charging technology will play a crucial role in enhancing the electric commercial vehicle experience for users nationwide."

Mr. Rajeev YSR, CEO Thunderplus Solutions Pvt Ltd, stated, "We are excited to partner with Tata Motors and Delta in this groundbreaking initiative. Our focus is on enabling electric commercial vehicle customers with top-notch charging solutions that ensure convenience and reliability. This collaboration aligns perfectly with our mission to drive sustainable transportation solutions across India. This initiative completely falls in line with our campaign #HarGharThunder through which we intend to make the charge point affordable to each house; making electric vehicle charging abundantly available thus removing the charge anxiety.”

Tata Motors offers the Ace EV – India's most advanced four-wheel e-cargo solution for last-mile deliveries. It is supported by over 150 Electric Vehicle Service Centres across the country and is equipped with an advanced battery management system, Fleet Edge telematics system and robust aggregates for best-in-class uptime. Leveraging the immense capabilities of the Tata UniEVerse, the Ace EV benefits from collaborations with relevant Tata Group companies and partnerships with the country's leading financiers to offer customers a holistic e-cargo mobility solution. The Ace EV can be purchased at all Tata Motors commercial vehicle dealerships across the country.

About Tata Motors

Part of the USD 165 billion Tata group, Tata Motors Limited (BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 44 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks, and buses, offering an extensive range of integrated, smart, and e-mobility solutions. With ‘Connecting Aspirations’ at the core of its brand promise, Tata Motors is India’s market leader in commercial vehicles and ranks among the top three in the passenger vehicles market.

Tata Motors strives to bring new products that captivate the imagination of GenNext customers, fuelled by state-of-the-art design and R&D centres located in India, the UK, the US, Italy, and South Korea. By focusing on engineering and tech-enabled automotive solutions catering to the future of mobility, the company’s innovation efforts are focused on developing pioneering technologies that are both sustainable and suited to the evolving market and customer aspirations. The company is pioneering India's Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by developing a tailored product strategy, leveraging the synergy between Group companies and playing an active role in liaising with the Government of India in developing the policy framework.

With operations in India, UK, South Korea, Thailand and Indonesia, Tata Motors markets its vehicles in Africa, the Middle East, Latin America, Southeast Asia, and the SAARC countries. As of March 31, 2024, Tata Motors’ operations include 90 consolidated subsidiaries, two joint operations, five joint ventures, and numerous equity-accounted associates, including their subsidiaries, over which the company exercises significant influence.

About Delta Electronics India

Delta Electronics is a leading global power and energy management company. Delta Electronics India Private Limited is its wholly owned subsidiary and has been operating in India since 2003. Delta operates in three business categories: Power Electronics, Automation, and Infrastructure. It has a strong legacy in India, with market leadership in Telecom Power Solutions, EV Charging Solutions, and Display Solutions. Delta is also a leading provider of Industrial Automation Solutions, UPS & Datacenter Solutions, Renewable Energy Solutions, Rail Transportation Solutions, Energy Storage Solutions, Power Quality Solutions, DC Fans & Blowers, and Components. With fourteen regional offices, four manufacturing facilities (in Rudrapur, Gurgaon, and Krishnagiri), and two R&D centers (Gurgaon and Bengaluru), Delta has a Strong presence across India with more than 200 channel partners.

The company has been awarded ISO 9001:2008, ISO 14001:2007, and OHSAS 18001:2008 certifications for Quality, Procedures, and Environment management.

About Thunder Plus Solutions Pvt Ltd

Trinity Plus is amongst the leading EV Charging companies in the country. With its range of EV Chargers/ Fast Chargers, Thunder Plus is setting up EV charging network in partnership with the municipalities in Delhi, Chennai and in multiple towns and cities in Telangana.

With a network of over 800 full-functional EV Charging points at prominent locations, Thunder has laid a strong foundation for charging infrastructure through its intelligent substations for smart charging solutions for all EVs. TCPL has created more than 30mw of charging infra till date with Country’s largest Electric Vehicle Charging station of 5 MW under one roof where 60 electric buses could be charged simultaneously.

The company is into the business of manufacturing Chargers, deploying charging stations and also energy (battery) as a service, thus solving the charging anxiety problem in the Indian EV Eco system.

Sprite Introduces A Quirky Take To ‘Chill At Home’ After A Busy Day, Featuring Vedang Raina


* Campaign film: Sprite – Thand Rakh at Home (youtube.com)

Sprite, the iconic lemon and lime-flavored beverage, presents a fresh perspective to end-of-the-day ‘chill at home’ with its new quirky campaign. Teens are continuously striving to maximize their experiences by packing in more into their everyday. Balancing studies, extracurricular activities, social expectations and personal goals can be overwhelming. The day is spent meeting the expectations of others and living up to the benchmarks set by people around you. Even as one walks into their home in the evening, they carry this baggage in their backpack they carry. With the never-ending hustle of life, it makes it extremely crucial for the young generation to find moments to simply chill and refresh. Recognizing this need, Sprite is stepping in as the ultimate chill partner, offering a refreshing twist to help teens unwind after a long day.

Featuring the rising star Vedang Raina, the campaign speaks to the generation to unwind at end of a demanding day; and presents Sprite as the drink of choice when faced with unavoidable, and potentially annoying, moments that are part of the fabric of daily life. The campaign launches as a series of films that would resonate with the teen life integrating their college life, social circles, friend groups, societal hustles etc. People popping out of the bags, conversing refrigerators, and humorous exchanges – all contribute to the campaign’s clever humor. The campaign integrates AI to present 200 unique messaging that are crafted to deliver to the right context & right time integrating the moments that matter to the teens most.

Vendang Raina, the rising star and a GenZ icon, expressed his enthusiasm for the campaign saying, “I am thrilled to be part of Sprite universe. Working with such an iconic brand that resonates with the cool and vibrant energy of today’s youth is an exciting opportunity. I totally identify with the insight, and end-of-day chill is indeed critical for our generation, including me. Sprite’s cool and witty take always brings in a moment of calm in the chaos.”

Commenting on the campaign, Sumeli Chatterjee, Senior Category Director, Sparkling Flavours, Coca-Cola India and South-west Asia said, "Every day is a hustle to maximize and achieve. At the end of the day, every teenager seeks a moment to relax. But they walk into their homes carrying a bag full of baggage and stress from their day. The creative strategy uses this bag as the metaphor to cue the need to unwind. Chill-at-home is a witty take by Sprite, the ultimate refreshing drink, that urges the teens to unwind after a hectic day. Vedang brings that effortless cool vibe, making him the perfect fit to resonate with today’s teens.”

Vishwesh Krishnamoorthy, Director, Corcoise Films said, “In today’s digital age, the day never really ends. Everyone follows you back home on your phone, in your bag, in your head. This gives a great visual device for the film. To make the people who pester you pop out of the backpack was a fun challenge! The world in Sprite is filled with interesting facets like that - talking fridges, people jumping out of backpacks and Sprite bottles zooming around the room. It’s unique and entertaining.”

Ritu Sharda, Chief Creative Officer at Ogilvy India (North) said, “Sprite has always understood the pulse of the youth. This film captures the everyday annoyances that college students face, symbolised by the weight of a backpack. It represents the stress and burdens they carry throughout the day. Sprite steps in as the perfect way to unwind, turning those end-of-day moments into something truly refreshing and rewarding."

Sprite invites teens across India to take a break from their busy lives and ‘Chill at Home’ with a refreshing bottle of Sprite. As the pressures of daily life builds up, the need to unwind becomes ever more important. Whether you’re cooling down after a long day or simply enjoying a moment of peace, Sprite’s crisp, lemon-lime flavor provides the ultimate refreshment. So, kick back, relax, and let Sprite help you find your chill at home.

About The Coca-Cola Company

Coca-Cola in India is one of the country’s leading beverage companies, offering a range of high-quality and refreshing beverage options to consumers. The company, in line with its vision of ‘Beverages For Life’, offers a wide portfolio of products which includes hydration, sports, sparkling, coffee, tea, nutrition, juice and dairy based products. In India its beverage range includes Coca-Cola, Coca-Cola Zero Sugar, Diet Coke, Thums Up, Charged by Thums Up, Fanta, Limca, Sprite, Maaza, Minute Maid range of juices and juice beverages. The Company also offers hydration beverages including Limca Sportz, Smartwater, Kinley, Dasani and Bonaqua packaged drinking water and Kinley Club Soda. Premium products constitute Schweppes range and Smartwater. In addition, it offers Costa Coffee and organic green tea based beverage- Honest Tea amongst its range of coffee and Tea. The Company is constantly transforming its portfolio, from reducing sugar in its drinks to bringing innovative new products to market.

The company along with its owned bottling operations and franchise bottling partners has a strong network of close to 4 million retail outlets through which it refreshes millions of consumers across the country. It seeks to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable agriculture initiatives and carbon emission reductions across its value chain.

Globally together with its bottling partners, The Coca-Cola Company employs more than 700,000 people, helping to bring economic opportunity to local communities worldwide. Learn more at www.cocacolacompany.com and follow us on Twitter, Instagram, Facebook and LinkedIn.

Dassault Systèmes Empowers Magic Myna With The 3DEXPERIENCE Platform On The Cloud For Drone Innovation



·         Dassault Systèmes’ 3DEXPERIENCE platform on the cloud helped Magic Myna to quickly adapt to market demands

·         Magic Myna has reduced development time by 20% and IT infrastructure cost by 25%

Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today at Cloud Summit announced that Magic Myna, a leading Indian manufacturer of customized drones for healthcare, agriculture, logistics, and other applications, has adopted the 3DEXPERIENCE platform on the cloud to optimize its design and development processes.

Magic Myna is leveraging Dassault Systèmes’ industry-leading applications powered by the 3DEXPERIENCE platform to streamline the design of unmanned aerial vehicles (UAVs) for diverse applications. The platform provides a collaborative environment for design, simulation, and data management, enabling faster product development cycles and improved product quality. For example, SIMULIA applications empower Magic Myna with advanced structural simulation capabilities to optimize the design of lightweight yet structurally stable drones.

The fast-growing drone sector is encountering significant challenges due to intense market fragmentation driven by numerous startups competing alongside emerging large players. This environment necessitates rapid innovation and swift market entry, presenting startups with obstacles related to design efficiency, time-to-market, and competition from established companies.

Magic Myna specialises in building customised drones for sectors such as agriculture, logistics and healthcare. In India, the drone sector is expanding, driven by government initiatives and new market developments, particularly in agriculture. One of the major challenges Magic Myna faced was limited flight time and range, along with the initial development cost. Dassault Systèmes’ 3DEXPERIENCE platform has been instrumental in overcoming these challenges by providing solutions for lightweight drone development and ensuring structural stability during flight.

Using the 3DEXPERIENCE platform with other solutions has streamlined Magic Myna's design processes, ensuring timely launches of innovative drone products. This has allowed for design optimisation, quick adaptation to market demands, and increased productivity.

“Dassault Systèmes’ solutions empower us to innovate, ensuring quicker product launches and improving the structural stability and productivity of our drones. Their user-friendly platform and advanced simulation capabilities have streamlined our design processes, allowing us to develop lighter, high stability drones in less time. We are confident that this will make us a leader in the Indian drone industry, reinforcing our commitment to pushing the boundaries of UAV technology for enhanced efficiency and reliability. Our partner EDS Technologies has played a crucial role in this journey, providing exceptional implementation support and helping us get up to speed quickly," said Sunil S. Nair, Co-Founder, Magic Myna.

"Integrated industry-leading solutions from Dassault Systèmes enable Magic Myna to innovate their drone products rapidly, ensuring quicker product launches, improved structural stability, and increased productivity. This demonstrates our commitment to providing virtual twin experiences and advanced applications that support customers in emerging and competitive sectors such as drones,” said Deepak NG, Managing Director, India, Dassault Systèmes.

MVIT Hosts 3-Day Seminar On Energy Empowerment, Sustainability, And Climate Change


The Department of Electrical and Electronics at Sir M. Visvesvaraya Institute of Technology (MVIT), Bengaluru, in collaboration with the All India Council for Technical Education (AICTE), successfully organized a three-day seminar on “Energy Empowerment, Sustainability, and Climate Change through Innovations in Vernacular Languages” under the AICTE-VAANI project. The seminar took place from August 19 to August 21, 2024.

The seminar was inaugurated by Mrs. Lata N. Patil, Assistant General Manager at Karnataka Renewable Energy Development Limited (KREDL), who shared her expertise and insights on the topic, emphasizing the importance of sustainability and energy innovation in local languages.

The event was graced by Dr. H. L. Suresh, Head of the Electrical and Electronics Department, Dr. Mahesh K., Professor, and Dr. K. S. Shanmukhradhya, Head of the Mechanical Department. 

The seminar attracted participation from faculty members of various universities, industry representatives, and hundreds of students, all contributing to vibrant discussions on the role of vernacular languages in advancing energy empowerment and sustainability.

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