Walmart Tech Center Opens In IIT-Madras

CHENNAI, (IANS) – The Walmart Center for Tech Excellence, at the Indian Institute of Technology Madras (IITM), was inaugurated on February 28.

Set up by Walmart Global Tech, part of the US retail chain Walmart Inc, it will develop solutions that will help micro, small and medium enterprises (MSME) adopt Artificial Intelligence (AI) along with digitization to drive operational efficiency and profitability, a statement said.

It will work towards building an open-sourced, domain-agnostic platform that will develop engineering analytics solutions, making them widely accessible. Additionally, it will build a repository of case studies to accelerate AI adoption in the manufacturing and retail industries. These case studies will also be leveraged to deliver skilling programs focused on the basics of AI and its application in the sectors.

Prof. V. Kamakoti, IITM Dean  said: “The growth of MSMEs is very crucial for economic prosperity. IIT Madras has initiated many projects in this direction including the one that helps MSMEs in reducing energy consumption. The research carried out through the Walmart Center will be of immense value to the MSMEs.”