IIT Madras Research Foundation will be a catalyst for start-ups coming out of the institute’s tech ecosystem landscape to access the global markets, capital, funding for research and innovation, scaling its academic master’s and doctoral programmes.
The centre will work towards building an open-sourced, domain-agnostic platform that will develop engineering analytics solutions, making them widely accessible.
SWAYAM Plus platform will offer programs in sectors including manufacturing, energy, computer science and engineering, IT or ITES, management studies, healthcare, hospitality and tourism.
Since the institute’s inception a total of about 2,550 IP (including patent) applications have been filed both in India (1,800) and abroad (750) so far, out of which about 1,100 are registered IPs and granted patents.
The school aims to rise to the top 20 AI-focused schools worldwide, focusing on responsible AI and advising the government on policy-making and societal impact.