Indian Institute of Technology, Madras Collaborates for Programming, Data Science Course – OpenGov Asia
The National Association of Software and Services Companies (NASSCOM) CoE-IoT announced that it has signed a letter of intent to collaborate with the Taiwan-India Artificial Intelligence Technology Innovation Research Center, the largest university and incubator in startups from Taiwan, which is part of the National Chung Cheng University.
As a result of the pandemic, demand for technological components and semiconductors in the high-tech and automotive industries has exploded. Global supply chain disruptions and uncertainty add to general industry problems.
Collaboration between NASSCOM CoE IoT and Taiwan-India Artificial Intelligence Technology Innovation Research Center, aimed at incubation assistance, mentorship and market access, would help Indian tech companies source components materials in Taiwan throughout the prototype and manufacturing phases.
Given the challenges of the supply chain, the signing of this MoU will play a critical role in enabling our countries to institutionalize industrial collaboration, which will improve our ability to procure hardware components, increase investments and technical cooperation on an equal and mutually beneficial basis. “
– Vice President, Global Business Development, NASSCOM
NASSCOM is delighted to accelerate this essential partnership by facilitating the establishment of Taiwanese companies in India and by creating business opportunities with budding startups. COE-IOT CEO said India’s growing startup ecosystem and vast base of software companies, coupled with Taiwan’s leadership in semiconductor / hardware and deep technology, could create new possibilities and opportunities for technological innovation and growth.
The representative of the Taipei Economic and Cultural Center (TECC) congratulated NASSCOM and National Chung Cheng University for this promising collaboration. According to an index in 2020, Taiwan ranks fifth among the greatest potential for economic innovation among 135 economies in the world. Considering the immense potential of both economies in terms of innovation and market, the collaboration is a good start and will develop a useful channel for anyone interested in AI, IoT, big data, augmented reality ( AR) / virtual reality and machine learning.
Considering Taiwan’s unique strength in hardware manufacturing but a limited market, internationalization and vision have been somewhat lacking for startups in Taiwan. This collaboration between NASSCOM and National Chung Cheng University is a first step towards promoting international collaborations between startups from our two economies.
The MoU will improve ties between Indian and Taiwanese companies, making it easier to do business in both countries. It would also allow Taiwanese companies to open offices in India, as well as improve collaboration between the two countries in terms of procurement of electronic hardware and components, resulting in mutual success and increased access to the market. Marlet.
As reported by OpenGov Asia, National Taiwan University (NTU) has established an interdisciplinary center that combines the application of artificial intelligence (A) I to robotics, industrial manufacturing, biomedicine and cognitive science. . NTU is a comprehensive, academically innovative university and provides a high-quality environment for research and industry-university cooperation.
The center aims not only to carry out cooperative research between NTU institutes, but also to collaborate with related laboratories and centers, such as: “Imaging Center for Integrated Research on Body, Mind and Body”. culture âandâ Center for Neurobiology and Cognitive Sciences â. They will recruit, cultivate key research talent to integrate industrial, government and academic resources. Through these efforts, they wish to promote advanced research collaboration between industry and universities and enhance the strength of Taiwan’s knowledge economy.
With the integration of big data and machine learning, AI has made significant achievements in many areas. Therefore, it is urgent and important that every country thinks about how it can use the existing high technology to improve the current situation.
The government of Taiwan has launched the “Taiwan Productivity Initiative 4.0” and the “Five Industries Innovation Program”, which include the Silicon Valley Asia Development Agency (ASVDA), industry biotechnology and medicine, green technologies, intelligent machines and the defense industry.