“The world is now looking towards India as a reliable and trusted supply chain partner. The target of $1 Trillion Digital economy is real and achieveable”
National Association of Software and Services Companies (NASSCOM), in a joint partnership with the Ministry of Electronics and Information Technology (MeitY) and Government of Andhra Pradesh, today inaugurated the ‘Centre of Excellence on IoT and AI’ at Andhra University Campus, Visakhapatnam, aimed at promoting innovation in emerging technologies of IoT, AI, robotics, etc. The centre was inaugurated by Sri. Rajeev Chandrasekhar, Union Minister of State for Skill Development and Entrepreneurship & Electronics and Information Technology.
“Technologies like IoT, technologies like AI are going to deeply shape the future of technology landscape and the economy in general. It is absolutely essential that the Center of Excellence becomes not just academic extensions of university, but they become living, breathing, growing centres of energy, dynamism, entrepreneurship, and technology in the coming years,” said the minister.
The Minister appreciated the collaborative approach that has been followed in setting up of this CoE by the GoI, GoAP, Industry and academia. He termed that such collaborations amongst all stakeholders shall bring in the right synergy to realise the opportunity that is offered by the post covid world order. The world is now looking towards India as a reliable and trusted supply chain partner. He said that the target of $1 Trillion Digital economy is real and achieveable.
“We’re going to be creating the Andhra Pradesh government in itself as an incubation hub. We have 9 technologies, what we have said are going to be the sunrise technologies for world events. One is Artificial Intelligence & Machine learning, second is Robotic Process Automation, third is edge computing, which is an extension to Cloud computing, fourth is quantum computing, the fifth is virtual reality and augmented reality, sixth is blockchain, seventh is IoT, eighth is 5G and ninth is cyber security. If I can be a world-class leader in any of these nine technologies, then we’re talking about a trillion-dollar economy coming to the shores of Andhra Pradesh,” noted MekapatiGoutham Reddy, Minister for Industries & Commerce, Information Technology and Skill Development, Government of Andhra Pradesh.