ITC Infotech launches 'iTech 2015'

Bangalore, India, June 26, 2015 (Newswire.com) - – ITC Infotech, a leading global IT services & solutions company and a fully owned subsidiary of ITC Ltd, today announced the launch of ‘iTech 2015’, an annual technology conference platform to foster technology innovation. As part of the iTech 2015 platform this year, ITC Infotech will organise a 2-day IoT hackathon at its campus in Bengaluru on July 4th and 5th, 2015.

The hackathon will provide participants with an opportunity to develop ideas to prototypes across a wide range of business challenges. This platform is also a testimony to ITC Infotech’s commitment towards accelerating innovation in disruptive technology areas.

Aimed at boosting talent amongst technology enthusiasts and providing an acceleration platform for entrepreneurs, ITC Infotech is seeking to engage with innovators and will partner with the winners to help them develop the solution, create a joint go-to market and provide market access. The programme is part of the company’s larger initiative to encourage and nurture start-ups.

An entry free competition, iTech 2015 IoT hackathon is a team-based event. Participation is open to students, professionals and developers and IoT start-ups, who will go through a shortlisting and selection process. Teams can register on the iTech 2015 registration site and submit their IoT solution idea, post which ITC Infotech will notify the shortlisted entries.

The competition categories include:

Smart Retail: Retail is about continuously enhancing customer shopping experience. It is also about ensuring availability & visibility of stocks, specifically in Consumer Goods. Entries in this category can focus on anything from stock keeping and inventory management to in-store customer experience. Selected teams will be provided with actual retail display shelves, using which their solutions can be demonstrated to solve this real-world challenge.

Smart Manufacturing: Entrants should create a solution to constantly monitor and predict in real-time the health of machines and equipment to enable proactive servicing and avoid disruption of manufacturing units. Entries and solution ideas can also be shared on creating smart manufacturing units and assembly lines, which can utilise analytics to optimise the production process – a step towards realising the ‘Make in India’ drive.

Smart Supply Chains: Entries should have ideas on how IoT solutions can help create a smarter supply chain – warehouse, inventory management, transportation, planning and tracking, demand-planning, etc.

Smart Agriculture: Entries should have IoT solutions that provide feedback/recommend corrective action from remote farms to research laboratories for agriculture.

Open Category: For entries on IoT ideas that do not fall in the challenge areas mentioned above. ITC Infotech’s panel of experts will assess the submission on the strength of the business case presented and its viability for companies to adopt and implement.

Ms. 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.”

The winners and runners up will be awarded a cash prize of Rs. 2,00,000 and Rs. 1,00,000 respectively.

About iTech 2015

iTech, an ITC Infotech initiative, is an annual technology conference. The platform will focus on leveraging emerging and disruptive technologies to create business-ready solutions, for addressing some of the most challenging problems faced by the industry. For more information, please visit www.itcinfotech.com/itech

About ITC Infotech

ITC Infotech is a specialised global scale - full service provider of Domain, Data and Digital technology solutions, backed by a strong business and technology consulting focus. The company caters to enterprises in Supply Chain based industries (CPG, Retail, Manufacturing, Hi-Tech) and Services (Banking, Financial Services and Insurance, Airline, Hospitality) through a combination of traditional and newer business models, as a long term sustainable partner.

ITC Infotech is a fully owned subsidiary of USD 8bn ITC Ltd –ranked as India’s most admired company by Fortune India.

For more information, please visit www.itcinfotech.com