Pactera EDGE, an AI and Digital technology company headquartered in Redmond, USA, has announced an AI Innovation Challenge for early-stage start-ups with technologies that can address problems in the Retail and Manufacturing sectors. Specifically leveraging computer vision for Human Activity Detection, Visual Inspection in manufacturing. Pactera EDGE has partnered with International Institute of Information Technology Hyderabad (IIITH) for this initiative.
Through this initiative, Pactera EDGE and IIITH are looking for startups with technologies addressing specific problem statements. The ideas include strategy, technologies, expected outcome and impact. Early-stage startups leveraging Computer Vision which have adjacent tech that can be pivoted to address retail or manufacturing problems. The program helps startups with Research connect, general strategy mentoring, specific domain use cases and problem identification, assistance through the solution pivot for this domain, and then connect with a few prospects globally.
“Pactera EDGE believes in reinventing customer experience using revolutionary AI technologies and give our customers the winning EDGE in the digital era,” said Dinesh Chandrasekar, CIO, Pactera EDGE.
Selected startups will go through a structured immersion program for four months to help them pivot the product for specific domain use cases, enrich tech through inputs from research, and align with the market areas chosen by Pactera EDGE. They will also receive a INR 12 lakh equity-free grant.
Source: businessworld.in
