NEWS
- 2022.8.24 プレスリリース
AWL, Signs Joint Development Agreement with IIT Bombay and MoU with IITB Research Park Foundation
- 2022.8.24
AWL, Signs Joint Development Agreement with IIT Bombay and MoU with IITB Research Park Foundation
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- NEWS
- プレスリリース
AWL, Inc. (Head Office: Chiyoda-ku, Tokyo), a Hokkaido University-certified startup and the market leader in edge AI camera solutions, is pleased to announce that the Company has entered into the second Joint Research Agreement with faculties of the Indian Institute of Technology Bombay (IIT Bombay), for the further development of a wide range of AI technologies, including image processing technology, which is the Company’s strength. Additionally, AWL signed an MoU with IITB Research Park Foundation (IITBRPF), and is the second Japanese company to become a member of the Park.
During the signing ceremony, Prof. Subhasis Chaudhuri, Director of IIT Bombay said,
“We are delighted to welcome AWL, Inc. to IIT Bombay and look forward to mutually developing a wide range of AI technologies. The collective intelligence in this global collaboration will strengthen R&D in cutting-edge AI, including image processing technology.”
Muneharu Kitade, President and CEO of AWL said,
“It’s a pleasure to be associated with IIT Bombay and its Research Park, and we look forward to maximizing business value through this collaboration. Working with Prof. Biplab over the last 2 years has helped cement a strong relationship between AWL and IIT Bombay, and giving birth to “AWL Engine” technology which is to become the future growth engine of the Company.”
IIT Bombay is a premier technical institute of India and is a leader in the field of engineering education and research. The Institute was granted the status of ‘Institution of Eminence’ by the Ministry of Education, Government of India in 2018.
In 2020, AWL welcomed Prof. Biplab Banerjee, an Assistant Professor at IITB, as a Technical Advisor. While deepening active discussions remotely, AWL has accelerated the development of more sophisticated AI technology and its practical application. The activity was featured in a report by the Japan External Trade Organization (JETRO).
“Advantages in unique approach by the state government and support by conglomerate: Attractive Startup Ecosystem in Mumbai (India)” by JETRO, March 30, 2020
https://www.jetro.go.jp/biz/areareports/2020/04bb70f3160e9bf8.html(Japanese)
The collaboration with IIT Bombay’s Centre of Studies in Resources Engineering (CSRE) and Center of Machine Intelligence & Data Science (C-MInDS) has resulted in numerous achievements in the field of image recognition. Furthermore, AWL has been recruiting full-time employees from IITB and giving internships to about ten students every year.
The IITBRPF is a single window within IIT Bombay through which industry and academia can interact in an environment where academic research complements technology development and productization to impact businesses and the society. The Research Park is building an infrastructure of about 500,000 square feet, to be operational in 2023, and will house R&D labs and units of both large corporations and Micro, Small & Medium Enterprises (MSMEs). AWL intends to set up an R&D unit at the Research Park to strengthen its R&D in cutting-edge AI technology and accelerate its social implementation.
AWL, Inc
AWL is a Hokkaido University-certified startup founded in 2016. An International Team with professionals from more than 20 countries. It brings together amazing people from across the globe to create innovations that impact the world. AWL was selected as “J-Startup HOKKAIDO” by the Hokkaido Bureau of Economy, Trade and Industry, and was honored to accept EY Innovative Startup Award 2021 in the AI category. Its signature product “AWL Lite” provides accurate real-time attention analysis and audience measurement for digital signage displays to maximize the value of advertisement at an affordable price. The well-known “AWLBOX” system, a High-Performance AI Edge camera solution, is the pioneer in transforming existing store cameras into image-based intelligent solutions with minimal investment. AWL’s AI solutions make it possible to visualize, analyze and design the physical space.
Company name: AWL, Inc.(https://awl.co.jp)
Address :
Tokyo Head Office : Shin-Tokyo Building 4F 434, 3-3-1 Marunouchi, Chiyoda-ku, Tokyo, 100-0005 Japan
Sapporo Head Office : 4-1-20 Kita 8-Jo Higashi, Higashi-ku, Sapporo City, Hokkaido, 060-0908 Japan
President and CEO : Muneharu Kitade
Established : June 1, 2016
Business : Edge AI camera solutions business
Tsuchida and Wada / AWL, Inc.
TEL : 03-6810-2740
FAX : 050-3156-2325
Email : info@awl.co.jp