Software Technology Parks of India (STPI) in association with Ministry of Electronics & Information Technology, Government of India and Arrow Electronics has setup “Center of Excellence – STPI IoT OpenLab” at Bengaluru. The first batch of IoT startups are on board and the lab is fully ready to go live on 21 September 2020. STPI IoT Open Lab will bring in transformative changes in innovation, product development & IPR creation in IoT domain by nurturing promising tech startups while providing a compelling collaborative platform.
Dr. Omkar Rai, director general, STPI, in his keynote address said: “STPI IoT Open Lab is a national lab and the startups associated with the STPI programs can access to this lab effectively. Startups can access the STPI IoT Open Lab from all across the country and leverage the potential of mentor pool. With an extensive global technology supply chain network, we are well-positioned to provide best-in-class engineering resources, technological expertise, and supply chain capabilities to local innovators and engineers as they create, make, and manage forward-thinking products.”
Sanjeev Keskar, MD, Arrow Electronics and chief mentor STPI IoT OpenLab said: “It’s a very happy moment for all of us that what we dreamt two years back has finally become a reality. IoT will play a significant role in electronics and semiconductor space in the coming times.”
IoT OpenLab will enable innovative star-ups to develop disruptive IoT based applications, products & solutions in various business verticals like Defence, Aeronautics, Industrial, Agriculture, Health, Automotive and Education, etc. Interested startups can register online at http://www.iotopenlab.stpi.in/
“With all the incubation and lab facilities, mentoring and funding support, startups can transform their entrepreneurial vision we are planning to nurture 500 startups in a period of 5 years. This CoE has been getting an overwhelming response and we have now 16 startups to be incubated in the first cohort,” highlighted Shailendra Kumar Tyagi, director, STPI Bengaluru.
The IoT Openlab is being 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. The industry partnership covers ONsemi, Kyocera, NXP, Analog devices, ST Micro, Infineon, Silicon Labs, Microchip, Littelfuse, KEMET.
“TiE-Bengaluru & IESA are collaboratively working to build an IoT ecosystem. We have seen massive growth in last 5 years, with 100 enterprise-level companies and over thousands of startups,” underlined Ravi Gururaj, president, TiE-Bangalore.