This year's hackathon concentrates on innovations that add value across the product development value chain, from product engineering to manufacturing and customer experience. Tata Technologies will support the top project teams with innovation tools and technologies needed to develop scalable innovations. Subject Matter Experts (SMEs) from the company will mentor and guide these teams to help them scale their projects. Microsoft will also offer top teams complimentary access to Azure resources and project mentoring through the Azure community. Tata Motors will play a key role in defining real-world challenges for the participants and supporting the commercialization of the top projects.
Participation in the hackathon is open to 3rd and 4th-year engineering students across India. The event emphasizes inclusive participation by welcoming entries from women engineers and differently-abled team members, thereby reinforcing the initiative’s commitment to diversity and inclusion.
The evaluation process for the hackathon includes three stages: initial reviews, virtual Proof of Concept (PoC) presentations, and final demonstrations. Projects will be judged on criteria such as diversity, novelty, feasibility, and impact. The top three winning teams will share cumulative cash prizes worth INR 4.5 lakhs and receive paid internship opportunities at Tata Technologies. More information about the InnoVent program is available online, with the submission deadline set for 31st July 2024.
Warren Harris, MD and CEO of Tata Technologies, stated: “Tata Technologies InnoVent embodies our commitment to engineering a better world for our youth. Through our collaboration with Microsoft and Tata Motors, we aim to provide young innovators with a platform to develop novel solutions leveraging Generative AI and help them translate their ideas to life. The 1st edition of InnoVent was a success and we are already piloting a few innovations with our customers. I am excited to see the innovative projects that will come from this year’s hackathon.”
Himani Agrawal, Country Head – Azure, Microsoft India and South Asia, commented, “Microsoft looks forward to collaborating with Tata Technologies for the InnoVent Hackathon, empowering the next generation of innovators. By providing a scalable Gen AI Azure environment and access to the wider Azure community, we aim to help students accelerate the development of their innovations. We look forward to the impact of this collaboration.”
Sven Patuschka, Chief Technology Officer, Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd, said “Generative AI is revolutionizing product design for enhanced customer experiences. We are excited to partner with Tata Technologies for the InnoVent Hackathon to foster innovations addressing real-world challenges. By mentoring and supporting promising projects, we aim to inspire future engineers to drive automotive innovation. I look forward to witnessing the pioneering solutions and meeting the finalists on Demo Day.”
Santosh Singh, EVP & Global Head of Marketing and Business Excellence of Tata Technologies, expressed his enthusiasm: “InnoVent offers young engineering students a platform to leverage technology, upskill and innovate solutions that address some of the most pressing challenges in the manufacturing industry. This year's focus on Generative AI highlights its transformative potential for the future of manufacturing and the importance of nurturing fresh ideas from young minds. We are particularly excited to see contributions from women and differently-abled innovators, as this reflects our deep commitment to inclusivity and our efforts towards engineering a better world for all.”
The hackathon promises to be an exciting event for the participants, providing a robust platform for young engineers to innovate and bring their ideas to life with the support from industry leaders like Tata Technologies, Microsoft, and Tata Motors. The collaboration aims to inspire and nurture the next generation of engineers and innovators.
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