Updated By: LatestGKGS Desk
NITI Ayog and ABB India Signed SOI To Facilitate AI, Data & Connectivity Solutions
NITI Ayog and ABB India Signed SOI To Facilitate AI, Big Data & Connectivity Solutions- Details, Aim, Purpose
NITI Aayog and ABB India have signed Statement of Intent (SoI) on 24 May 2018 in New Delhi to provide & help India enhancing the power of advanced technologies, including robotics and Artificial Intelligence (AI).
Under the SoI, both the entities will work towards making key sectors of Indian economy ready for digitalized future and realize the potential of AI, big data and connectivity.
NITI Aayog will work with ABB across several sectors of the economy, such as power and water utilities, industries like food, heavy industries and transport (rail and metro), electric mobility and infrastructure to suggest solutions for digitalization, incorporating Internet of Things (IoT) and AI technologies.
Under the SoI, NITI Aayog will devise the participation of policymakers and government functionaries in workshops and training programs organized by ABB India. Such programs will aim to sensitize policymakers and officials about relevant AI capabilities and explore ways they can be used for revolutionizing manufacturing productivity.
ABB
ABB is the Zurich-based technology company with presence across 100+ countries and over 1.3 lakh employees. It is the pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally.
