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Sonata Software announces grant to fund research, outreach and infrastructure development at CSA, IISc

Posted On: 2017-04-12 21:50:25

Sonata Software Limited, a global IT services company, is supporting scientific research, education outreach and infrastructure development at the Department of Computer Science and Automation (CSA), Indian Institute of Science (IISc), under its Corporate Social Responsibility initiatives.

"We gratefully acknowledge the extremely generous support from Sonata Software under the CSR scheme," said Prof. Jayant Haritsa, Chairman, CSA. "This will enable us to vigorously pursue new research initiatives at the frontiers, to effectively transmit the excitement of computer science research through targeted student outreach programs, and to materially upgrade our pedagogical infrastructure, resulting in potent learning environments. This industry-academia collaboration represents a welcome new initiative that can take the higher education enterprise to the next level of excellence."

The 3-year project, funded to the tune of Rs. 1.07 crores, will focus on boosting research activities in cutting-edge areas of computer science that are of contemporary relevance to both industry and academia. The programs are aimed at benefiting students from all over the country to look at research and ideation at IISc.The program would support research activities and other outreach programs such as Summer School, Student Internship programs and Swagatam to encourage the best of undergraduate students to pursue PhD programs in computer science and engineering in the country.

Mr. Srikar Reddy, CEO, Sonata Software said, "We're proud to be associated with the reputed CSA department of IISc. It's aligned to our vision as a technology firm that investments in research activities in new age technologies are immensely important to applying new technologies to solve complex real life problems, also to ingrain a culture of innovation in our own organization with our association with a reputed institute like IISc."

Founded in 1969, the CSA department is ranked among the top 100 CS departments in the world, according to recent Times Higher Education rankings. CSA researchers contribute to cutting-edge research in topical areas of computer science and are actively engaged in many high impact collaborative projects.

Shares of SONATA SOFTWARE LTD. was last trading in BSE at Rs.168 as compared to the previous close of Rs. 172.35. The total number of shares traded during the day was 16510 in over 369 trades.

The stock hit an intraday high of Rs. 174.9 and intraday low of 167.55. The net turnover during the day was Rs. 2794201.


Source: Equity Bulls

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