Three of them likely to come up with a demo model by July

US aerospace major Boeing is using the T-Hub facility in the city to groom startups and tap the tech and innovation ecosystem.

By July this year, three startups are likely to ready a demo model after which Boeing will decide on the schema of collaboration.

This was disclosed by Pradeep Fernandes, MD, Disruptive HorizonX, on Thursday as he spelled out how the company is exploring the new technology and innovation ecosystem.

“We wanted to tap the startup ecosystem and began exploring it post the Global Entrepreneurship Summit. We began with 4,500 startups that was narrowed down to 80, and now, we have short-listed 13 for the innovation challenge,” said Mr. Fernandes, on the sidelines of Wings India 2018 in the city.

Boeing is tapping startups for developing autonomous and unmanned systems, advanced manufacturing, industrial IOT and automation, analytics, artificial intelligence (AI) and machine learning (ML).

“The numbers appear big because many of the startups have just ideas and we are helping them develop working prototypes. India is the first country where we are trying this kind of innovative approach,” pointed out Mr. Fernandes.

source: http://www.thehindu.com / The Hindu / Home> News> States> Telangana / by Special Correspondent / Hyderabad – March 09th, 2018