IIT-M signs MoU with Continental

,Hyderabad: Technology Company Continental and Indian Institute of Technology-Madras (IIT-M) have joined hands for advanced research in machine learning. A Memorandum of Understanding (MoU) was signed Friday, between Continental and IIT Madras to take forward this partnership.

IIT Madras with its known capability in machine learning and bio-inspired neural networks will contribute to Continental’s ADAS (Advanced Driver Assistance Systems) business that provide drivers and passengers with additional safety and an increase in comfort. The collaboration, code-named Project NeuroMotive, will aid Continental’s long-term strategy globally towards “Vision Zero” – a future with zero accidents – through innovations and ongoing improvement of components and systems making a decisive contribution to greater road safety.

Speaking about the MoU, Prashanth Doreswamy, Market Head, Continental India, and Managing Director, Continental Automotive India, said “Continental is committed to strengthening academia connect in the region, through win-win partnership models. We believe industry-academia partnerships nurture innovation, entrepreneurship and skills development, which are value add not just for the two partners, but for the ecosystem at large.”

Further, he added, “Project NeuroMotive is only a first step in our collaboration with IIT Madras. Continental will continue to invest in the technologies of tomorrow. As a technology company, we focus on making future mobility concepts a reality.”

According to Alexander Klotz, Head of Continental’s in-house R&D center Technical Center India (TCI),“With technology growing so rapidly, collaborative forms of R&D, where experts from different sectors come together to develop complementary technologies promise better value at a quicker pace.” “An R&D Center like Continental’s TCI is constantly exploring ways of improving its innovation potential.