In a move aimed at advancing innovation and enhancing the skills of young talents in the technology sector, software giant SAP Labs India inked a Memorandum of Understanding (MoU) with the International Institute of Information Technology, Bangalore (IIIT-B) on Tuesday.
The strategic partnership outlined in the MoU focuses on collaborative research in specific industrial areas and challenges. This agreement aims to bolster the exchange of knowledge between academia and enterprises, facilitating continuous upskilling in niche technology domains.
Sindhu Gangadharan, Senior Vice President and Managing Director of SAP Labs India, as well as Head of SAP User Enablement, expressed her thoughts on the partnership, stating, “At SAP Labs India, we recognize the potential of collaborative ecosystems. Our strategic alliance with IIIT-B not only demonstrates SAP’s commitment to advancing cutting-edge research but also highlights our dedication to nurturing talent and elevating the skillsets of our workforce.”
Professor Debabrata Das, Director of IIIT-B, emphasized the critical importance of ongoing upskilling in the rapidly evolving landscape of digital technologies. He underscored IIIT-B’s pivotal role in furthering India’s aspirations of achieving a USD 1 trillion digital economy by 2026.
This partnership between SAP Labs India and IIIT-B is set to play a significant role in fostering innovation and preparing a skilled workforce for the digital future.