Rolls-Royce seeks to engage with startups in niche technology areas such as AI, IoT, blockchain, quantum computing, and it will be based out of Bengaluru.
Rolls-Royce, the global industry technology company will partner with Indian startups through its data innovation arm R2 Data Labs. Under this partnership, Rolls-Royce will provide mentoring and technical support to startups specialising in the areas of advanced analytics, artificial intelligence (AI), internet of things (IoT), blockchain, quantum computing, autonomous and sensing.
According to Rolls-Royce, this partnership will enable it to use data to spark innovation in all its businesses and collaborate more effectively with partners and customers. This drive is also in line with Rolls-Royce’s commitment to collaborative innovation and building an ecosystem of partners that harnesses the latest thinking and technologies from a wide community of innovators.
This startup partnership programme will be based out of Bengaluru and the city is one among the nine international startup hubs outside of the United States. The other centres are located in UK, Germany, and Singapore.
Caroline Gorski, Group Director of R2 Data Labs, said: “Sitting at the heart of our vision for the digital age is a collaborative approach to innovation, where we actively look to develop new, radical ways of working to maintain our competitive edge. To this end, Rolls-Royce has been sponsoring, and collaborating with, niche technology startups across the world to help validate, build and grow their business.”
Rolls-Royce has more than 20 years of experience combining engineering expertise with data analytics, offering operational efficiencies to airline customers. Building on these foundations, Rolls-Royce is expanding its digital capabilities to deliver increased value from existing services and introduce new services to customers across the group.
Kishore Jayaraman, President, Rolls-Royce – India & South Asia, said: “Digital skills help accelerate India’s drive to develop its economy. The country’s vibrant digital ecosystem, supported by an innovative startup environment, will facilitate the development of capabilities in these areas in the hope of creating immense opportunities across the lives of individuals and affect diverse industries.”