Nasscom Product Council opens a DeepTech Club
BENGALURU: Nasscom Product Council (NPC), the IT lobby’s platform for software product companies to showcase products and connect with peers, will focus on artificial intelligence (AI) and machine learning (ML) in the upcoming conclave to be held in Bengaluru. It also launched a DeepTech Club to nurture startups with mentors and investors.
“We are going to talk extensively on artificial intelligence and machine learning. Increasingly, machine learning and artificial intelligence are cropping up as solutions for handling data. While, the two are often used interchangeably, and though there are some parallels, they’re not the same thing,” said Somdutta Singh, co-chair, NPC.
Singh said the organisations associated with the conclave will get practical grounding in artificial intelligence and its business applications to help transform an organisation into a sustainable company. “Machine learning will help businesses automate processes and analyse vast amounts of data and help replicate a human task and reach a new conclusion, instead of just making that task more efficient,” said Singh.
NPC has also launched the Deep-Tech Club, which has around 20 companies that research deep learning, has one patent filed and has built an application. Deep-Tech Club will be co-led by Milind Hanchinmani, director, Intel, along with serial entrepreneur Subinder Khurana and Singh.
“We will help core deep learning startups in India collaborate with educational institutions worldwide like MIT and Tel Aviv University, along with helping them in their go-to-market, scaling-up, technology development, fundraising and international expansion,” said Singh.