Science & Technology

IIT Jodhpur, Jodhpur City Knowledge and Innovation Foundation, and Rajasthan Govt. ink MoU for Joint Venture on AIOT System & Technology Development

:- The Indian Institute of Technology Jodhpur, RajCOMP Info Services Ltd., a Government of Rajasthan undertaking, and Jodhpur City Knowledge and Innovation Foundation have signed a Memorandum of Understanding (MoU) for the creation of a joint venture focused on Artificial Intelligence of Things (AIOT) system and technology development

 

Jodhpur: The Indian Institute of Technology Jodhpur has signed an MoU with the Jodhpur City Knowledge and Innovation Foundation (JCKIF) and RajCOMP Info Services Ltd. (RISL), a Government of Rajasthan undertaking, to establish a joint venture on AIOT System and Technology Development.  Artificial Intelligence of Things (AIOT) systems will be designed, developed, prototyped, tested, and produced at the Technology Park of IIT Jodhpur as a part of the agreement, signed in February 2022.

The proposed ecosystem complements the Government of India's recently announced Semiconductor Mission as well as local policies in Rajasthan. It will facilitate the creation of AIOT technologies by start-ups, MSME, faculty, and students in a wide range of applications including:

  • Industry 4.0
  • Water
  • Healthcare
  • Agriculture
  • Transportation
  • Infrastructure
  • Energy
  • Environment
  • Surveillance & Security

A unique feature of the AIOT Innovation Hub at IIT Jodhpur is its use-case-driven and systems-based approach, utilizing advances in AI and IoT to design the end system with commercial success as the key performance indicator. The result will be an increase in start-ups and a closer partnership between industry and government.

Signing the agreement, Prof. Santanu Chaudhury, Director, IIT Jodhpur, said, “Artificial Intelligence of Things (AIoT) is the new-age technology that is transforming healthcare, agriculture, infrastructure, and all industrial domains. The AIOT Innovation Hub at IIT Jodhpur will provide an impetus to the growth of this industry in Rajasthan as well as India. This is aligned with the Semiconductor Mission of the Government of India.”

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