Comments
R Systems International Ltd, a player in digital product engineering and technology solutions, has entered into a Memorandum of Understanding (MOU) with the Indian Institute of Technology Delhi (IIT-Delhi) to establish a Center of Excellence (CoE) on Applied AI for Sustainable Systems.
The CoE, to be set up at IIT Delhi, will comprise a research lab, and the initiation of merit-based student scholarships. The company said the collaborative efforts of the CoE are anticipated to contribute to the research and development capabilities of both R Systems and IIT Delhi. Professor Rangan Banerjee, Director of IIT Delhi, emphasised the crucial role of emerging technologies in preparing future research for a sustainable world.
Nitesh Bansal, CEO and Managing Director of R Systems International Ltd, said, “This collaboration between R Systems and IIT Delhi will facilitate industry-academia partnership aimed at bridging the gap between theoretical research and practical application of AI solutions.”
The R Systems CoE is positioned to be an R&D hub, to bring researchers from R Systems with faculty members and students to address real-world problems at scale. Professor Preeti Ranjan Panda, Dean of Corporate Relations at IIT Delhi, commended the collaboration, stating, “In an era where Industry-Academia collaboration is in its most exciting phase, we extend our gratitude to R Systems and IIT Delhi for pioneering the integration of Information Technology, CSR, and research. This collaboration signifies a transformative synergy that not only propels technological innovation, but also addresses pertinent societal needs.”
The shares were up 0.09 per cent at Rs 463.10 at 2.44 pm on the BSE
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.