Press Trust of India|Oct 17, 2021
- IIT Bombay to do joint R&D on Big Data, IoT and AI with Japanese IT major NEC
IIT Bombay to do joint R&D on Big Data, IoT and AI with Japanese IT major NEC
NEW DELHI, DECEMBER 7: The Indian Institute of Technology Bombay (IITB) has partnered with Japanese IT major NEC Corporation’s subsidiary NEC Technologies India (NECTI) to solve a broad range of social challenges in India. The two organisation will joint research and development in the field of big data analytics, Internet of Things (IoT) and Artificial Intelligence (AI).
As per the MoU, the IITB and NECTI will jointly work on value creation for major Government initiatives across smart cities, as well as for the Logistics and Transportation domain, by leveraging advanced technologies. One of the areas this joint R&D aims to explore is the use of big data analytics to optimize the movement of logistics containers across the country, which can result in shorter times for the delivery of goods and lower logistics cost.
“The signing of this MoU further strengthens the existing tie between NECTI and the Indian Institute of Technology Bombay. More than 30 graduates have joined NEC’s Central Research laboratories in Japan since 2012,” said Dr Akihiko Iketani, Head of NECTI’s NEC Laboratories India (NLI).
He added that through this joint R&D effort, NECTI aims to address social challenges posed by rapid urbanization and economic development in India, such as improving the efficiency of logistics networks, reducing road congestion and air pollution, and achieving smarter and safer cities.
“The Indian Institute of Technology Bombay is steadily building research capabilities in collaboration with corporates investing heavily in R&D, including firms from Japan. We believe that such cooperation would open up new avenues of research for our brilliant students and faculty members. We look forward to a fruitful collaboration, which can make a significant impact on the society,” said Dr Suhas Joshi from IITB.
NLI was established in July 2018 in Mumbai to promote the agile development and commercialization of solutions for India and other emerging countries. By employing highly skilled IT talent and conducting joint research with academia, customers and partners, NLI engages in the
creation of new solutions for public transportation and logistics, public safety, digital government and cashless payment.
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