Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Wipro collaborates with IISc for advanced research and innovation in autonomous systems, robotics and 5G

Posted On: 2019-08-20 23:01:53

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced a strategic partnership with the Indian Institute of Science (IISc), India's premier public establishment for research and higher education in science and engineering, to conduct advanced applied research in autonomous systems, robotics and 5G space. The two organizations have jointly set up the Wipro IISc Research and Innovation Network (WIRIN), a hybrid industry academia collaboration unit, which will drive idea discovery, research and innovation in technology and product design.

A group of senior professors and research staff from IISc and engineers, developers, architects and researchers from the autonomous systems, robotics and 5G domains at Wipro will constitute the team at WIRIN. They will focus on the research and development of cutting-edge technologies in Artificial Intelligence, Machine Learning, Visual Computing, Human Computer Interaction (HCI) and Vehicle-to-everything communication (V2X). The insights from the research will be leveraged by Wipro for its customers and the industry ecosystem. The Institute will benefit from advancing its research goal and capacity building besides commercialization of the research outcomes.

Speaking about the collaboration, Abidali Z. Neemuchwala, Chief Executive Officer and Managing Director, Wipro Limited said, "We are excited to collaborate with the Indian Institute of Science, Bangalore, one of the most prestigious research institutes in the world, to develop innovative solutions for autonomous systems, robotics and 5G. This is a significant step towards strengthening our position to be at the forefront of these transformative technologies."

"IISc believes collaboration between academia and the industry is a great way of solving challenging real-world problems. We welcome and thank Wipro for supporting this high-impact, collaborative research and innovation initiative to solve complex problems in autonomous vehicular systems, robotics and 5G. We are confident that the strong technology capabilities and capable talent from both organizations will come together to make notable strides in these domains," said Anurag Kumar, Director of IISc Bangalore.

"As part of Wipro's focus on emerging technologies and innovations, we have made key investments in the autonomous systems, robotics and 5G domain. Wipro's technology expertise and understanding of domain-specific business challenges coupled with IISc's distinguished research capabilities will create the right synergies to solve complex industry problems and develop next-gen mobility solutions. This collaboration will enable accelerated development and adoption of autonomous systems and V2X for our customers," added K R Sanjiv, Chief Technology Officer, Wipro Limited.

Wipro has been investing in the area of autonomous systems and robotics for over eight years. Autonomous systems work at the convergence of several emerging technologies and are poised to disrupt multiple industries and verticals such as mobility, insurance, finance, smart cities and infrastructure, among others. Wipro has developed multiple solutions such as large-scale simulators for autonomous systems, including a grounds-up autonomous vehicle built on a Wipro IP platform capable of perceiving and navigating through state-of-the-art cognitive algorithms and capable of seamless V2X communications based on 5G systems and services.

Shares of WIPRO LTD. was last trading in BSE at Rs.252.25 as compared to the previous close of Rs. 249.3. The total number of shares traded during the day was 215990 in over 1917 trades.

The stock hit an intraday high of Rs. 255 and intraday low of 250.1. The net turnover during the day was Rs. 54384847.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

ICRA updates on ratings of TNPL

Jump Networks Ltd inks agreement to provide wholesale Voip services

Lump Sum Term Key contract for Talcher Fertilizers Limited project awarded

Bajaj Finance Ltd board approves QIP of Rs. 8500 crore

Music Broadcast Ltd. recognized amongst 'India's Best Workplaces for Women - 2019'

ICRA assigns credit ratings to ITD Cementation India Ltd with rating watch

Advani Hotels & Resorts India Ltd Board declares First Interim Dividend of Rs. 0.80 for FY20

GHCL launches 'REKOOP 2.0' - An evolved and expanded expression of its sustainable bedding concept made with forensically tagged recycled polyester

Taneja Aerospace & Aviation Ltd's credit rating upgraded

Sunteck Realty acquires premium project near Lokhandwala, Andheri (West) for mixed-use development

Ahluwalia Contracts India Ltd secures new order of Rs. 407 crores

SMS Lifesciences India Ltd update on news item on Ranitidine HCL

JITF Infralogistics Ltd update on divestment of shares of material subsidiary company

CRISIL updates on ratings of Vivid Global Industries Ltd

Hindalco debuts on Dow Jones Sustainability Index (DJSI) 2019 in the Emerging Markets category

Som Distilleries & Breweries Ltd's subsidiary gets rating upgrade

PMLA Appellate Tribunal also releases assets of 63 moons from ED attachment

NHPC Limited approves debt raising of Rs. 2500 crore

Medicamen Biotech Ltd updates on acquisition of OPAL Pharmaceuticals Pty Ltd

CreditPilot and Tata Communications enter a financial technology partnership

Shares of Westlife Development Limited are now trading on the National Stock Exchange

ICRA revises ratings of UFO Moviez India Ltd

RTS Power Corporation Ltd changes rating agency

CRISIL assigns ratings to NGL Fine-Chem Limited

Tata Power Subsidiary to exit South African JV 'Cennergi' for USD 106 million

BEML and Wipro Infrastructure Engineering in strategic partnership

Ethos Ltd opens new store at Mumbai and closes store at Chandigarh

Glenmark receives Orphan Drug designation for GBR 1342

Asian Paints Ltd arm divests entires stake in Berger Paints Singapore Pte Ltd

CANYON terminates SPA to acquire TRF Ltd's step down subsidiary

Lemon Tree Hotels Ltd signs license agreement for 80 room hotel at Durgapur

Solix expands senior leadership team to accelerate Cloud Growth

Aavas Financiers raises INR 345 crore from IFC through NCDs

Satra Properties India Ltd has sold 49% in subsidiary

Bayer closes Monsanto integration in India

NACL Industries Ltd gets favorable verdict on insurance claim

ICRA credit Rating for Bank facilities of Banswara Syntex Ltd

American Express buys 9 acres land from DLF Group for its Office campus

SML ISUZU Ltd launches 'Executive Lx 5100 XT Bus'

CFO Tech Outlook recognizes Emagia as 'The Top 10 Fintech Solutions Providers 2019'

NBCC India Ltd signs MoU with Utkal University, Bhubaneswar

Central Bank of India changes Average Balance Charges in Savings Accounts on Monthly basis

General Motors and Tata Consultancy Services Launch New Partnership in Global Vehicle Engineering

ICRA downgrades outlook of Sandhar Technologies Ltd

USFDA issues DMF information request to SMS Pharmaceuticals Ltd

Wipro, lndustrie 4.0 Maturity Center Ink Strategic Partnership

Fintech Start-Up Tarrakki launch investment product in association with Reliance Nippon Life AMC

Asian Paints partners with Mahindra Logistics to strengthen its supply chain in Eastern India

Kaveri Seed Company Ltd board to consider buyback on Sep 24, 2019

Calcom Vision Ltd ties up with Bajaj Electricals Ltd







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019