NASSCOM signs joint investment with China's Dalian Municipal

The National Association of Software and Services Companies today said it has signed a joint investment with China's Dalian Municipal People's Government to co-develop a collaborative technology platform, the Sino-Indian Digital Collaboration Plaza.
Powered by Artificial Intelligence (AI) and Internet of things (IoT), the co-created platform willoperate in both online and offline modes, to enablematchmaking between the two ecosystems to leverage eachother's strengths in technology, the NASSCOM said in a release.
"This cooperative partnership that we have formed with the government of Dalian will help us create a platform wherecompanies from India and China can come forward to co-develop for global markets by leveraging their respective strengths in hardware and software," NASSCOM senior director Gagan Sabharwal said.

Earlier this year, an MOU was signed between NASSCOM and the Dalian government to promote IOT collaboration between Chinese and Indian IT companies.
NASSCOM said subsequent discussions at a local level converged upon the idea of setting up the first NASSCOM IT corridor within Dalian BEST City to promote IoT & AI cooperation between the two nations.
This dedicated IT Park will be an exclusive place for interested Indian IT providers to begin operations and avail of special policy benefits and incentives by Dalian BEST City administration, it said.

Both sides had agreed to set-up the collaborative platform that could work in online and offline mode to help establish partnerships for Indian and Chinese companies.

"The SIDCOP platform developed by Zeta-V is an extremely innovative use of digital technologies and shall pave the way for greater and wider cooperation amongst our countries," Sun from Dalian Best City Administrative Committee said.
Zeta-V Technology Solutions Ltd, a start-up with a local presence in Dalian will be deployed as the operator of the SIDCOP platform, which will harness the power of an intelligent ecosystem to minimize the gap between idea-generation and value-realization.
The SIDCOP platform's services will also include a B2BIntelligent Marketplace, Rule Based e-Procurement and Shared Services Command Center.