New industry-academia alliance to boost innovation and entrepreneurship in IoT
Aeris has collaborated with Malaviya Centre for Incubation, Innovation and Entrepreneurship (MCIIE) and Indian Institute of Technology (BHU), Varanasi to establish the Internet of Things (IoT) – Centre of Excellence (CoE) on the IIT BHU campus.
The global IoT market is expected to cross $200 billion by 2020, according to the McKinsey Global Institute where this centre of excellence can be an opportunity for Indian technologists, startups and service providers to help advance IoT technology adoption.
To support ‘’Digital India’’
The collaboration between Aeris and IIT BHU will enable the creation of innovative IoT solutions, supporting the “Digital India” mission and “Make in India” initiative.
With IoT converging different technologies, multi-disciplinary skillsets are the key requirement for filling new job roles as approximately more than two lakhs new engineers will be needed globally every year to keep up with the IoT technological surge.
Dr Rishi Bhatnagar, President, Aeris India stated that the Aeris IoT Centre of Excellence with IIT BHU is a step in a direction to work closely with IIT BHU teams to train them on IoT technology for developing relevant and affordable IoT solutions for different industry verticals. He also believes that the campus will become the hub of the best talent for IoT in the coming years.
This IoT platform will be used by IIT-BHU scholars for projects of academic interest, as well as serving as an incubation platform for startups for the development of connected and integrated smart solutions. Whereas the Aeris employees from India and USA will provide training and hands-on experiences to scholars in IoT technology.