Rolls Royce to support Indian start-ups in quest for data innovation
The iconic British brand's new programme will provide mentoring and technical support to startups specialising in the areas of advanced analytics, Artificial Intelligence, blockchain and other technologies.
The programme is being run by the West Sussex-based luxury carmaker's innovation lab R2 Data Labs and aims to develop a collaborative ecosystem of digital partners in India, the company announced in Bangalore today.
Rolls Royce launched R2 Data Labs in 2017 to act as an acceleration hub for data innovation. The organisation, which brings together expertise from across the business, builds on 30 years of data-led services and business model innovation.
Using advanced data analytics, industrial Artificial Intelligence and machine learning techniques, R2 Data Labs develops data applications that unlock design, manufacturing and operational efficiencies within Rolls-Royce, and creates new service propositions for customers.
Commenting on the announcement, Caroline Gorski, group director, R2 Data Labs, said: “Sitting at the heart of our vision for the digital age is a collaborative approach to innovation, where we actively look to develop new, radical ways of working to maintain our competitive edge.
"To this end, Rolls Royce has been sponsoring, and collaborating with, niche technology start-ups in the areas of AI, Big Data Analytics, IoT, application development and future technologies across the world to help validate, build and grow their business."
Kishore Jayaraman, president of Rolls Royce – India and South Asia, added: “Digital skills help accelerate India’s drive to develop its economy. The country’s vibrant digital ecosystem, supported by an innovative start-up environment, will facilitate the development of capabilities in these areas in the hope of creating immense opportunities across the lives of individuals and affect diverse industries including financial services, retail, media, travel, hospitality and healthcare."