The MoU will help in developing enhanced applications in AI and ML and sponsoring projects on research and academic purposes
New Delhi, August 23, 2022: Vehant Technologies, a pioneer in Artificial Intelligence /Machine Learning- based Physical Security, Surveillance and Covid solutionshas signed a Memorandum of Understanding (MoU) with Indian Institute of Technology, Mandi(IIT-Mandi) in order to promote Industry Academia Collaboration. Vehant’s researchers shall collaborate with the researchers of IIT Mandi with mutual interest on developing enhanced applications of Artificial Intelligence and Machine Learning technologies in security screening solutions offered by the company. Vehant Technologies is among key players in providing security screening solutions using AI and ML.
Vehant Technologies will sponsor up to five students enrolled in M. Tech program in the year 2022-23. Besides, the company will further sponsor research projects, faculty consultancies and Ph.D. students at the Institute in order to benefit from the mindshare of faculty and students. The collaboration has begun sponsorship with M. Tech students. The selection and admission of sponsored students and the project work began on 20th August 2022.
Commenting on the partnership, Mr. Anoop. G. Prabhu, Co-founder & CTO, Vehant Technologies, said, “The admitted students shall be addressed as Vehant fellows and each fellowship will imply a commitment of funds which may be used for research and academic purposes over a period of 2 years. Our goal is to build a strong research ecosystem within the company for development of future products and solutions by engaging with researchers at IIT Mandi working in domains of mutual interest.The main intent is to perform research on applications of AI/ML techniques in physical security, surveillance and traffic monitoring.”
Speaking on IIT Mandi’s collaboration with Vehant Technologies, Dr. Venkata Krishnan, Dean Sponsored Research and Industrial Consultancy & International Relations (SRIC & IR), IIT Mandi, said, “IIT Mandi is looking forward to a productive collaboration with Vehant Technologies to boost the industry-academia association. We believe this program will mutually benefit both the stakeholders in terms of acquiring technology competence and academic excellence in the field of Artificial Intelligence and Machine Learning. This initiative will help us in addressing the unique industry problem statements while ensuring real-time technical exposure to our students.”
Vehant will support all the efforts including publications, conferences, technical journals and IP generations coming out of the partnership. Faculty at IIT Mandi may benefit by this collaboration with more joint research/consulting opportunities with doors opening up from industry. Vehant would be able to attract young fresh talent to work on its projects while simultaneously supporting quality education.