NSRCEL at IIMB signs MoU with Infineon to strengthen start-up ecosystem focusing on Artificial Intelligence
26 November, 2018: Infineon and NSRCEL at Indian Institute of Management Bangalore signed a memorandum of understanding (MoU) to strengthen the Artificial Intelligence and Software Development ecosystem in India, by mentoring and nurturing early- and growth stage start-ups, at IIMB here today.
After exchanging the MoU with Dr. Reinhard Ploss, CEO of Infineon Technologies AG this afternoon, in the presence of the German Consul-General, Professor G Raghuram, Director, IIM Bangalore, said: “IIMB is very happy to partner with Infineon, a leading technology company from Germany, in supporting start-ups. This partnership will be operationalized through NSRCEL, the innovation and entrepreneurial hub of IIMB, and with support from NITI Aayog’s Atal Innovation Mission. NSRCEL will now be able to offer incubation to start-ups in deep dive technology in a meaningful way.”
Under the MoU, Infineon will share problem statements and NSRCEL at IIMB will introduce Infineon to the developer community of NSRCEL to foster joint innovation projects in Artificial Intelligence and Software Development.
The partnership enables Infineon to offer dedicated training, lab facilities and support strategically relevant start-ups from NSRCEL with product samples and development kits. Furthermore, Infineon has agreed to provide its technical subject matter experts, as mentors. The partnership also includes introduction of the start-ups to Infineon’s customers to explore collaboration or business potential and Infineon’s participation in NSRCEL events as a speaker or a panellist.
“Artificial Intelligence unleashes enormous innovation potential in our industry and offers great business opportunities,” said Dr. Reinhard Ploss, CEO of Infineon Technologies AG. “We see increasing demand for our energy-efficient power and IT-security solutions, which are a prerequisite for developing A.I. In addition, A.I. opens up a vast array of possible applications for the Internet of Things and Smart Mobility. We want to accelerate the way we learn about A.I. and identify use cases early on. By working together with NSRCEL and IIM Bangalore, we aim to join forces with India’s innovative entrepreneurs and start-ups in this field,” he added.
NSRCEL, the centre for innovation and entrepreneurship at IIMB, is supported, among others, by the Atal Innovation Mission (AIM) of NITI Aayog.
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NSRCEL at IIMB signs MoU with Infineon to strengthen start-up ecosystem focusing on Artificial Intelligence
26 November, 2018: Infineon and NSRCEL at Indian Institute of Management Bangalore signed a memorandum of understanding (MoU) to strengthen the Artificial Intelligence and Software Development ecosystem in India, by mentoring and nurturing early- and growth stage start-ups, at IIMB here today.
After exchanging the MoU with Dr. Reinhard Ploss, CEO of Infineon Technologies AG this afternoon, in the presence of the German Consul-General, Professor G Raghuram, Director, IIM Bangalore, said: “IIMB is very happy to partner with Infineon, a leading technology company from Germany, in supporting start-ups. This partnership will be operationalized through NSRCEL, the innovation and entrepreneurial hub of IIMB, and with support from NITI Aayog’s Atal Innovation Mission. NSRCEL will now be able to offer incubation to start-ups in deep dive technology in a meaningful way.”
Under the MoU, Infineon will share problem statements and NSRCEL at IIMB will introduce Infineon to the developer community of NSRCEL to foster joint innovation projects in Artificial Intelligence and Software Development.
The partnership enables Infineon to offer dedicated training, lab facilities and support strategically relevant start-ups from NSRCEL with product samples and development kits. Furthermore, Infineon has agreed to provide its technical subject matter experts, as mentors. The partnership also includes introduction of the start-ups to Infineon’s customers to explore collaboration or business potential and Infineon’s participation in NSRCEL events as a speaker or a panellist.
“Artificial Intelligence unleashes enormous innovation potential in our industry and offers great business opportunities,” said Dr. Reinhard Ploss, CEO of Infineon Technologies AG. “We see increasing demand for our energy-efficient power and IT-security solutions, which are a prerequisite for developing A.I. In addition, A.I. opens up a vast array of possible applications for the Internet of Things and Smart Mobility. We want to accelerate the way we learn about A.I. and identify use cases early on. By working together with NSRCEL and IIM Bangalore, we aim to join forces with India’s innovative entrepreneurs and start-ups in this field,” he added.
NSRCEL, the centre for innovation and entrepreneurship at IIMB, is supported, among others, by the Atal Innovation Mission (AIM) of NITI Aayog.
Click here for the Photo Gallery.