IIT Madras, Walmart Launch Center for Tech Excellence; Get Details Here

IIT Madras and Walmart have jointly set up a Centre for Tech Excellence aimed at assisting micro, small, and medium enterprises. The centre would use technology to help MSMEs with overall product evaluation. Check details here 

The Indian Institute of Technology Madras (IITM) has collaborated with Walmart Global Tech (WGT) to launch the Walmart Center for Tech Excellence. This initiative is focused on enabling Micro, Small, and Medium Enterprises (MSMEs) in the manufacturing and retail sectors. The center aims to create innovative solutions that will facilitate the adoption of Artificial Intelligence (AI) and digital technologies by MSMEs, enhancing their operational efficiency and profitability.

This collaboration marks a further advancement in Walmart's dedication to providing local entrepreneurs with the necessary resources to enhance their businesses and foster continuous development in the Indian MSME sector. The center is committed to creating an open-source, domain-neutral platform aimed at developing engineering analytics solutions for broad accessibility. 

Furthermore, it will compile a collection of case studies to speed up the integration of AI in the manufacturing and retail sectors. These case studies will also be utilized in skilling programs that concentrate on AI fundamentals and its practical applications within these industries.

Walmart Center for Tech Excellence was launched at an inaugural event in the presence of Suresh Kumar, Global Chief Technology Officer (CTO) and Chief Development Officer (CDO), Walmart Inc., Balu Chaturvedula, SVP & Country Head, Walmart Global Tech and Prof. V. Kamakoti, Director, IIT Madras, Prof. Raghunathan Rengaswamy, Dean (Global Engagement), IIT Madras and Prof. Mahesh Panchagnula, Dean (Alumni and Corporate Relations), IIT Madras.

Addressing the launch event, Prof. V. Kamakoti, Director, IIT Madras said, "The growth of MSMEs is very crucial for economic prosperity. IIT Madras has initiated many projects in this direction including the one that helps MSMEs in reducing energy consumption. The research carried out through the Walmart Center will be of immense value to the MSMEs." 

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