Hyderabad is a Life Sciences capital: IIT-H chief Uday Desai

Uday Desai, Founder and Director of IIT-H said that Hyderabad is a Life Sciences capital. The Federation of Telangana Chambers of Commerce and Industry (FTCCI) in support of the Knowledge Partner IIT-H has launched Futurithm, an international conference that featured a global gathering of thought leaders sharing insights and visions for the future of technology and innovation at Hotel Radisson Blu, Banjara Hills.  Speakers from 10 countries attended the event.
Uday Desai was the chief guest at the launch of Futurithm.  He said, “Innovation in various technologies is very critical. Space technology is the most happening and promising in the private sector. Various components of digital are emerging. We need to look at them seriously. Most of the jobs today are in the digital sector–AI and ML. There is a big worry that hardly any student is getting into conventional engineering streams. AI and ML are here to stay and in the next ten years, these are going to play a very vital role. Salaries in these sectors are tremendous.  Any subject you pick up there is an AI and ML component in it. IIT Hyderabad is very strong in terms of subject experts and faculty in AI and ML. Collaboration with FTCCI is quite valuable. India has launched a very big mission in quantum computing. This new and emerging technology can be explored.”
“A Memorandum of Understanding (MoU) was exchanged between FTCCI and iTIC (IIT Hyderabad). The whole idea behind this collaboration is to bring academic innovations to the industry. We are going to solve the problems of the future.
The classroom-to-industry journey is 1500-days-long. We will collect problem statements from the industry today and we will work on them. We will not only discuss the future, but we will also experience the future now. The experience zone that we will create will have technologies that do not exist today. Through all these efforts we are going to help imagine how the future is going to be”, said Vishal Chouhan.