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NMIMS inks pact with LivNSense to develop AI-driven solutions in manufacturing industry

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SVKM’s NMIMS has signed a Memorandum of Understanding (MoUs) with LivNSense technology to jointly develop an AI center of Excellence & Research.

“The joint AI Center of Excellence & Research will aid in India’s push to develop AI-oriented solutions for the manufacturing industry, as well as facilitate the creation of a knowledgeable, skilled workforce,” the statement said.

Speaking on the collaboration, Dr. Sharad Mhaiskar, Pro Vice-Chancellor, SVKM’s NMIMS, said, “We at NMIMS have always believed in robust collaboration between industry and academia, to drive effective solutions to industry issues. Keeping this emerging field in mind, we at NMIMS, could foresee and start programs in these futuristic areas, more than some 6 to 7 years back and became one of the academic leaders in India in these areas.”

“The creation of this center of excellence and research with LivNSense is particularly thrilling, as it will allow our students to sharpen their skills by working on live projects and attain real-world experience, which will, in turn, help them add value and thrive in the cutting-edge field of cognitive manufacturing,” he said.

“We are thrilled to enter into this association with NMIMS. Together, I believe we can bridge the gap between industry and academics. Smarter manufacturing processes are the future of India‘s manufacturing sector. Industries will be less error-prone, more efficient, and more AI-oriented in the years to come. And this collaboration will ensure that students can learn everything there is to know about Industrial Internet of Things (IoT), Artificial Intelligence, Machine Learning, etc,” Avnish Kumar, CEO of LivNSense, further added.

“The primary objectives of this MoU are to help students gain valuable internship experience through LivNSense’s projects and industry expertise, create disruptive innovations, and develop tangible projects having exposure to real-world applications, solving industry problems in the AI and manufacturing space,” the statement added.

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