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ITC Infotech's start-ups initiative to go global from 2019: CEO
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SME Times News Bureau | 08 Dec, 2018
In an effort to help start-ups showcase their solutions to a wider
audience, ITC Infotech, the IT services arm of diversified conglomerate
ITC Ltd, will make its flagship co-creation and technology innovation
platform "iTech" an international event from 2019, a top executive said
here on Saturday.
"We are planning to organise iTech in Britain
and the US from next year," Sushma Rajagopalan, CEO and Managing
Director of ITC Infotech, told reporters on the sidelines of the
inaugural day of the fourth edition of the event here.
With its
operations spread across 18 countries in the world, the
Bengaluru-headquartered company employs around 8,000 people globally. It
currently has three development centres in India and one each in the US
and Britain.
As part of the two-day "iTech 2018" event, ITC
Infotech ran two parallel tracks -- a start-up "Showcase" segment and a
programing "Codeathon".
The start-up "Showcase" was designed with
the objective of providing innovative technology start-ups a platform
to present their solutions directly to businesses in three areas --
fintech, healthtech and Industry 4.0 -- which included, Internet of
Things (IoT) and Cloud computing, among others.
"This platform
helps start-ups compete among themselves and bring fresh ideas to the
tech ecosystem," said Rajagopalan, adding that the top start-ups in each
section would be rewarded with prize money.
Three winning teams will get a chance to win a prize money of Rs 2 lakh, Rs 1 lakh and Rs 50,000.
"We also nurture interested winners and take them to the market," Rajagopalan added.
The
innovative start-ups can also get access to the expertise of the
research engineers, analysts, business and technology consultants and
industry domain experts at ITC Infotech's "Innoruption Labs" that the
company set up four years ago.
"Innoruption Labs can help the
start-ups develop prototypes of their solution. In many cases in the
past, we helped start-ups develop their solution and bought it from them
later," the CEO noted.
"But it is not necessary for the startups
to join the ITC Infotech ecosystem. They can just take the prize money
and find their own way to growth. The iTech is a no-string-attached
platform," she added.
For the "Codeathon" segment, teams were
invited to address programing challenges that included building
interactive mobile user interface (UI) component using platform specific
software development kit (SDK), offline analytics for mobile app,
offline app sync, process automation and labour matching for farming.
"Our
vision is to continue to be a very forward-looking, industry-focused
technology company. We are operating with a theme of 'connected
everything'. Innovation is a way of life for ITC Infotech," Rajagopalan
said.
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