L&T Technology Services, a global leading pure play engineering services company has announced the winners of its annual open innovation initiatives for engineering students, TECHgium, which was for the first time held virtually.
The company says the fourth edition of TECHgium saw record-breaking participation with over 22,500 students from 354 engineering institutes competing to solve real-life business problems. The participation from faculty members witnessed an even higher surge with numbers jumping from 1,030 to 2,363.
The team from Vellore Institute of Technology (VIT), Chennai was declared as winners of the TECHgium 4th edition for developing a solution that can blur personal information in vehicles. The runners up comprised of students from Sri Ramakrishna Engineering College, Coimbatore for their work on Energy Efficient Defrosting method for Evaporators. The team from the Indian Institute of Science, Bangalore won the third prize for their concept on Sewage Coagulation using Co-Culture of Bacteria.
Dr Keshab Panda, CEO and MD, L&T Technology Services commented, “The engineering services landscape in India is poised to be the sunshine sector for years to come and one key critical element for this to materialise is availability of a robust and wide talent pool of budding technologists. Our TECHgium open innovation platform is an important step towards this as it aims to provide bright engineering minds an opportunity to gain exposure into real life business challenges. We are thankful to all the students, faculty members and institutes who have helped us achieve new milestones during this latest season of TECHgium.”
The fourth edition of the event saw 61 innovative PoCs on real life technical challenges pertaining to domains such as AI, Compute Vision, 5G, Ergonomics, and Sustainability, covering major industries including automotive, plant engineering, telecommunications & hi-tech and industrial and consumer products.
The winning teams are facilitated with awards worth over Rs 15 lakh and additional benefits such as continuation of work on the PoCs of interest, pre-placement offer and recognition by reputed industry professionals.