: IIT Madras & Sony to organize national hackathon #FinanceIndia #StockMarketNEWS IIT Madras & Sony to organize national hackathon New Delhi, Jul 10 (KNN) Aiming to encourage citizens to come up with

@StockMarketNEWS Mon 12 Jul, 2021

Posted in: #FinanceIndia #StockMarketNEWS

IIT Madras & Sony to organize national hackathon #FinanceIndia #StockMarketNEWS
IIT Madras & Sony to organize national hackathon New Delhi, Jul 10 (KNN) Aiming to encourage citizens to come up with solutions using IoT Sensor Board, the Indian Institute of Technology (IIT) Madras, Pravartak Technologies Foundation (IITM-PTF) in association with Sony India Software Centre is going to organize a national-level hackathon titled ‘SAMVEDAN 2021 - Sensing Solutions for Bharat’.

Registrations for this Grand Challenge Competition have commenced on July 1st, 2021. Citizens across the country can participate in solving India-specific problems of societal interest using IoT Sensor Board.

IITM-PTF is a Technology Innovation Hub (TIH) for Sensor, Networking, Actuators, and Control Systems (SNACS) area supported by the Department of Science and Technology (DST) under the National Mission on Interdisciplinary Cyber-Physical Systems (CPS).

Prof. Ashutosh Sharma, Secretary DST, Government of India, said “The future is all about a tight convergence of physical systems with communication, computing, information and data gathering, machine sensing, autonomous decisions and actions and control. Thus sensors of all sorts will play a vital role in the Cyber-Physical Systems. ”

A team with maximum of three members can register for the grand challenge, which will be held in three stages -- quarterfinals, semi-finals and finals. A total of 75 ideas will be selected for the quarter-finals, and among them, 25 best ideas will be chosen for the semi-finals.

There will be seven finalists with prizes for every finalist. Prizes worth 3 Lakhs will be awarded to the best teams. Apart fr0m the prize money, the winners will be eligible for an entrepreneurial support scheme by IIT Madras Pravartak Technologies Foundation.

Further, each quarterfinalist will be provided with a SPRESENSETM board free of cost by Sony Semiconductor Solutions Corporation through IITM Pravartak Technologies Foundation.

Event Coordinator Prof. V. Kamakoti, Department of Computer Science and Engineering, IIT Madras, said “IITM-PTF is committed not only to identify innovative solutions and talents across the country in the area of sensor-based solutions but also to provide a platform for successful start-ups that could solve societal problems of national importance. IITM-PTF plans to offer Entrepreneur-In-Residence scholarship for the top team for a year which will enable them to nurture it into a start-up,”

Speaking about this collaboration with IIT Madras, Masayuki Toriumi, Managing Director, Sony India Software Centre, said, “We are very pleased to be able to contribute to Indias problems and challenges by using Sonys leading-edge technology, Indias excellent software engineering resources, and the ecosystem involving the public and private sectors.