The centre will be housed in the campus of KLE Technological University.

Altair to open design centre in Karnatakas Hubballi
Atom Innovation Tuesday, July 24, 2018 - 10:31

US-based Altair Engineering plans to open a design innovation centre in Karnataka's Hubballi town with a private university to benefit locals in using software tools and become industry ready, said a top company official on Monday.

"Industry-academia tie-up to benefit students from technologies and tools making them industry ready," Altair India Managing Director Pavan Kumar told reporters here.

The centre will be housed in the sprawling KLE Technological University campus, run by BJP's Rajya Sabha member Prabhakar Kore.

"The objective of the centre is to develop competency on commercial finite element analysis (FEA) software of Altair called Hyper-Works," said Kumar.

The centre, which will help in providing skilled power to Altair customers worldwide, will also provide the university's under-graduate and post-graduate students license to work on Altair technology.

"The Altair-KLE partnership will produce future ready engineers for the industry across the country," said Kumar.

Varsity Vice-Chancellor Ashok Shettar said collaboration with Altair would expose the students to technologies and tools and make them industry-ready.

"Collaboration with Altair will help us to expose our students to industry relevant technologies and tools making them industry-ready," he said.

The Troy-based Altair in Michigan state transforms design and decision making by applying simulation, machine learning and optimization through product life cycles.

"Our portfolio of simulation technology and patented units-based software licensing model enable simulation-driven innovation for our customers," added Kumar.

A startup incubation centre in this north Karnataka town to promote entrepreneurship in tier-2 and tier-3 cities was also unveiled last week.

Built by Sandbox Startups, a technology business incubator and promoted by the US-based technocrat Gururaj Deshpande, the startup facility can house about 100 companies at a time.

However, Karnataka is not the first state to get an incubation centre in tier 2 and 3 towns. Telangana too is in the process of developing smaller towns such as Warangal, Karimnagar, Nizamabad, Khamam and Mahabubnagar into tech destinations. The government has sanctioned Rs 25 crore in each of these towns to set up IT hubs, which will be built as plug-and-play facilities.

After developing Hyderabad into a startup hub, catalyzed by setting up T-Hub, Telangana IT Minister KT Rama Rao inaugurated the first and the largest technology business incubation centre in a tier 2 town in Warangal in Telangana. Spread across one lakh square foot, SR Innovation Exchange also surpasses T-Hub in terms of area.

Also read: AI, ML and Big Data popular domains for reskilling among working professionals: Survey

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