ITC Infotech has launched an annual technology conference platform, ‘iTech 2015’. The company will organise a 2-day IoT hackathon event at its campus in Bengaluru on 4th and 5th July, 2015.
The event will allow its participants with an opportunity to develop ideas to prototypes across a wide range of business challenges.
ITC Infotech is seeking to engage with the innovators, and partner with the winners of the event to help them develop the solution, create a joint go-to market and provide market access, as reported by Firstpost.
With the event the company plans to encourage and nurture startups. It aims to boost talent amongst technology enthusiasts and also provide an acceleration platform to the entrepreneurs.
The iTech 2015 IoT hackathon is a team-based event. Participation is open to students, professionals and developers and IoT startups. The competition categories are Smart Retail, Smart Manufacturing, Smart Supply Chains, and Smart Agriculture.
There is also an open category for entries on IoT ideas that do not fit in the defined categories. ITC Infotech’s panel of experts will assess the submission of the particular startup on the basis of the strength of the business case presented and its viability for companies to adopt and implement.
The winners and runners up will be awarded a cash prize of Rs. 2,00,000 and Rs. 1,00,000 respectively.
Sushma Rajagopalan, CEO & MD, ITC Infotech, said, “iTech 2015 is one of our multi-dimensional initiatives for encouraging innovation and boosting tech entrepreneurship. This year’s theme is the ‘connected world’ and ‘Internet of Things’. We have created this platform to aid participants in developing prototypes of their ideas to address real-world business challenges. We will nurture some of the relevant ideas in our Innovation Lab to drive competitive advantage for ITC’s businesses or our clients’ businesses.”