Wednesday, December 21, 2016

NASSCOM signs MoU with Georgia Tech Advanced Research Corporation to drive innovation in Internet of Things


New Delhi, December 20, 2016: The National Association of Software and Services Companies (NASSCOM) today announced that it has partnered with the Georgia Tech Advanced Research Corporation (GTARC) and has signed an MoU towards advancing Internet of Things (IoT) and fostering IoT-based innovation through the development of a conducive ecosystem in India. The MoU will see both NASSCOM and GTARC cooperating to address technological and non-technological challenges that surround the adoption of IoT technologies, creating an amiable environment for all organizations in the industry.

The agreement between NASSCOM’s Center of Excellence on the Internet of Things (COE-IoT) based out of Bangalore and GTARC’s Centre for the Development and Application of Internet of Things Technologies (CDAIT), will see both organizations combine their individual efforts to raise awareness on IoT and drive topic related events for the purpose of developing a vibrant global IoT ecosystem facilitating the effective and efficient adoption of IoT technologies. The partnership will also help drive conversations around IoT that will promote interoperability across industry and geographic markets. Both the COE-IoT and the GTARC will also get the opportunity to showcase their individual efforts to raise awareness on the subject.

Speaking of the agreement Mr. Sanjeev Malhotra, CEO, NASSCOM COE-IoTsaid, “The disruptive nature of IoT will have a major impact in all areas of the consumer’s life – across all industries including industrial, healthcare, agriculture and smart homes. IoT will also be used across these industries to improve productivity with minimum usage of natural resources. We are happy to be partnering with GTARC, a leading institute with a focus on emerging technologies, leading to a mutually beneficial agreement that will help us combine GTARC’s advanced technology research along with the thriving innovation ecosystem in India.”
Talking of the MoU Mr. Alain Louchez, Managing Director, Center for the Development and Application of Internet-of-Things Technologies (CDAIT), GTARC, said, “We are honored to collaborate with a premier high tech organization such as NASSCOM to promote the many benefits of the fast-growing Internet of Things. In close cooperation with NASSCOM’s IoT center, we intend to explore ways to leverage IoT technologies to accelerate and optimize the pace of digital transformation throughout the economy.”

Through its COE-IoT located in Bangalore, NASSCOM is focusing on systemically expanding the technology ecosystem, with the Center providing a platform to address challenges such as the lack of understanding that leads to low adoption levels and security issues faced by the industry. The CoE - IoT is a joint initiative between the Department of Electronics and Information Technology (DEITY), Education and Research Network (ERNET) and NASSCOM and features laboratory that provides IoT focused startups the usage of various facilities that help them develop IoT solutions in application areas like Agriculture, Automobile, Telecom, Healthcare and Consumer IoT.

About Geogia Tech
The Georgia Institute of Technology, also known as Georgia Tech, is one of the leading research universities in the United States, providing a focused, technologically-based education to more than 25,000 undergraduate and graduate students. Georgia Tech has many nationally recognized programs, all top-ranked by peers and publications alike, and is ranked in the nation’s top 10 public universities by U.S. News and World Report. It offers degrees through the Colleges of Design, Computing, Engineering, Sciences, the Scheller College of Business, and the Ivan Allen College of Liberal Arts. As a leading technological university, Georgia Tech has more than 100 centers focused on interdisciplinary research that consistently contribute vital research and innovation to American government, industry, and business.

NASSCOM® is the premier trade body and the chamber of commerce of the IT-BPM industry in India. NASSCOM is a global trade body with more than 1800 members, which includes both Indian and multinational companies that have a presence in India. NASSCOM's member and associate member companies are broadly in the business of software development, software services, software products, consulting services, BPM, e-commerce and web services, engineering services and animation and gaming. NASSCOM’s membership base constitutes over 95% of the industry revenues in India and employs about 3.5 million professionals.

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