The Government of Karnataka has announced the launch of Centre of Excellence for data science and artificial intelligence with Nasscom as its program and implementation partner.
To be established with an estimated investment of Rs. 40 crore, the CoE will its first-of-its-kind based on a public-private partnership model and will accelerate the ecosystem in Karnataka by providing the impetus for the development of data science and artificial intelligence across the country.
NASSCOM, through its partner ecosystem will work towards accelerating innovation, enabling industry-oriented research, promoting adoption of data-driven decision making by enterprises and enabling appropriate skills & talent development.
The CoE will provide high-end technology capabilities, data, expertise, thought leadership, and curated programs to augment capabilities across academia, enterprises, government and innovators/advanced start-ups.
Speaking on the occasion, Priyank Kharge, Minister for IT, BT & Tourism, Government of Karnataka said, “Data Science & Artificial Intelligence (DS&AI) is a capability which will determine the future of corporations & governments alike. This Centre of Excellence for Data Science & Artificial Intelligence will be a catalyst for the growth of data science and artificial intelligence, and provide a head-start to, not just the state, but India as a destination to develop global products and solutions.”
The CoE aims to position Karnataka as one amongst the top five global innovation centers AI over the next five years. The center will set the strategic direction, provide technology infrastructure and promote investment into research and innovation of cutting-edge DS & AI solutions, proliferate data-driven decision making by enterprises and government, and enhance capacities of academic institutions to impart DS & AI education.
Sharing his thoughts, R. Chandrashekhar, President, NASSCOM said, “Businesses across the globe are undergoing rapid changes propelled by digital disruption. Considering the opportunity that emerging digital technologies that will provide in times to come, this CoE-DS&AI is strategically placed to provide data-backed solutions to many complex problems of the world.”
R Chandrasekhar also announced that the initiative has received overwhelming response from IBM, Intel, Digital Ocean and NVIDIA have in-principle agreed to support this program. NASSCOM is also in dialogue with other partners to this Centre of Excellence.
Data science and artificial intelligence technologies have found applications across industries – financial services, automotive, healthcare, and retail, to name a few. This technology is also transforming the IT-BPM industry – AI-led automation is likely to deliver $100-120 billion in net productivity-led gains for IT-BPM service providers by 2025.