Business
Sonata Software announces CSR grant to IIIT-B to fund advanced research in platform-based digital business transformation
Published
6 years agoon
The three-year project will be funded to the tune of INR 1.05 Crores
Mumbai, 18th April, 2018: Sonata Software Limited, a global IT solutions company, announced a grant to International Institute of Information Technology, Bangalore (IIIT-B), to support scientific research for accelerating digital and platform-based business transformation. The three-year project, funded to the tune of INR 1.05 Crores, will focus on research fellowship and evangelization of technology for platform- based digital business transformation.
Sonata Software has been at the forefront of enabling digital transformation through platform-based technology and business models through its proprietary Platformation™ methodology. The company feels that the methodology would provide a boost to the ecosystem of enterprises, by empowering them to adapt to rapid changes in technology and business environments. Research and educational initiatives through an institution like IIIT-B is expected to contribute in enabling more predictable and effective outcomes for enterprises.
‘Digital technology has taken center stage as part of business strategy and competitiveness. The rapid pace of change has created a need for quick and effective intervention with more structured frameworks and thinking on how technology needs to be leveraged by enterprises. We are happy that Sonata’s funding of IIIT-B will help us contribute actively to thought leadership in this area.’ said Prof S Sadagopan, Director of IIIT-B.’
‘Sonata believes in nurturing relationships with leading academic institutions as part of its Corporate Social Responsibility initiative. This initiative with IIIT-B should help unlock the potential for platform based digital transformation that Sonata has been propagating. We hope that a wide set of organizations will benefit from the research that IIIT-B will do under the scope of this program’ said Srikar Reddy, MD & CEO, Sonata Software.
Sonata Software also funds research and funding entrepreneurs in technology ventures through educational institutions such as NIT Trichy and IISc Bangalore. With the IIIT-B partnership, another premier industry relevant program has been brought to bear on its commitment to accelerate impact of technology on society.
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