Walmart launches Center for Tech Excellence at IIT Madras

Walmart Global Tech (WGT) has partnered with Indian Institute of Technology Madras (IITM) to establish the Walmart Center for Tech Excellence aims to empower Micro, Small and Medium Enterprises (MSMEs) in the manufacturing and retail sectors, as per the press release.

The center will work towards developing cutting-edge solutions that will help MSMEs adopt Artificial Intelligence (AI) along with digitisation to drive operational efficiency and profitability, it added.

Release further mentioned that the center will work towards building an open-sourced, domain-agnostic platform that will develop engineering analytics solutions, making them widely accessible. Additionally, the center will build a repository of case studies to accelerate AI adoption in the manufacturing and retail industries. These case studies will also be leveraged to deliver skilling programmes focused on the basics of AI and its application in the sectors, as detailed in the release.

Walmart Center for Tech Excellence was launched at an inaugural event in the presence of Suresh Kumar, global chief technology officer and chief development officer (CDO), Walmart Inc., Balu Chaturvedula, SVP and country head, Walmart Global Tech and V. Kamakoti, Director, IIT Madras, Raghunathan Rengaswamy, dean (Global Engagement), IIT Madras and Mahesh Panchagnula, Dean (Alumni and Corporate Relations), IIT Madras. Key leaders from Walmart and senior faculty members of IITM were also present at the event.