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Indian Express

IIT Madras' Wadhwani School of Data Science, AI partners with Lloyds Technology Centre for AI, ML research

The Wadhwani School of Data Science and AI (WSAI) at the Indian Institute of Technology Madras (IIT Madras) on Tuesday entered into a strategic partnership with Lloyds Technology Centre to advance deep research and industrial innovation in Artificial Intelligence (AI) and Machine Learning (ML). The agreement aims to strengthen the industry-academia interface by promoting joint research projects and advanced training programmes. The agreement was signed in the presence of Prof Balaraman Ravindran, Head of WSAI, and Sirisha Voruganti, CEO and Managing Director of Lloyds Technology Centre at the IIT Madras campus. Under this initiative, engineers from Lloyds Technology Centre will undergo specialised training in fields including Advanced Data Engineering and AI/ML through certified programmes offered by WSAI. The partnership also includes collaborative research in domains like banking, finance, pensions, insurance, and investments — areas where AI-driven innovation is expected to have transformative impact. 'This collaboration goes beyond a single project,' said Prof Ravindran. 'It is part of our broader vision to build enduring partnerships with industry leaders. With a cohort of Lloyds' scientists and engineers already participating in training programs, we have also begun exploring complex AI challenges together.' Echoing this sentiment, Sirisha Voruganti emphasised the value of the collaboration for both learning and innovation. 'As a technology and data company, our focus is on delivering better and faster solutions to our customers. This partnership with IIT Madras allows us to work closely with world-class researchers and build smarter predictive models.' 'With a broad range of interests spanning pension, insurance, investments and more, we are very excited to delve down and collaborate with the researchers at the institute for building smarter predictive models. We are also ensuring the learning journey is continuous and sponsoring our employees to come to the Wadhwani School of Data Science and AI and get certified in advanced AI courses,' Voruganti added.