Wipro and imec have declared a joint initiative called ARISE (Applied Research in Intelligent Systems Engineering) Labs, which will work on technologies to transform emerging markets.
Dr. Luc Van den hove, President & CEO, imec said, "We need global partnerships to deliver industry relevant solutions." The initiative was originally declared in May.
Dr. Anurag Srivastava, Chief Technology Officer & Senior Vice-President, Wipro Global IT Business said, "Emerging markets represent 80 per cent of the global population. 50 per cent of the population was aged below 25, 75 per cent lived in rural areas and mobiles had a market penetration of 64.7 per cent. The challenges are healthcare, urbanisation, and energy. ARISE would look into connectivity in rural areas and serve as a bridge between academia and industry."
