Software Technology Parks of India (STPI) has launched “IoT OpenLab” a Centre of Excellence (CoE) in IoT at Bengaluru in association with Ministry of Electronics and Information Technology.
According to a report by the Press Trust of India (PTI) STPI is in the process of opening 21 CoEs in emerging technologies across the country.
IoT OpenLab will concentrate on creating a robust ecosystem in a collaborative model to nurture startups and drive R&D, innovation & product development in IoT focused on sectors like defence, aeronautics, industrial, agriculture, health, automotive and education, the statement said.
The CoE will be supported by IESA & TiE (Industry Association Partners) to provide network opportunities to startups, PES Institute of Technology and RV College of Engineering (Academic Partners) to provide academic expertise & mentoring to the startups and Cyber Media & Forum Synergy (VC/Angel Partners) to provide funding access & opportunities to the startups, STPI said.