July 19, 2023 - Hyderabad
Release
HYDERABAD/BANGALORE/NEW DELHI, India — July 19, 2023
Dassault Systèmes and Government of India’s T-Works sign MoU to set up Startup Center of Excellence
• The Center of Excellence at T-Works will provide early-stage hardware startups across India with state-of-the-art design and simulation tools such as 3DEXPERIENCE Works.
• Dassault Systems Startup Center of Excellence, will be equipped with # 50 Solid Works Licences that would enable the startups to use the 3D simulation and Design softwares, worth of approx. INR 10 CR
• The partnership with T-Works will be Dassault Systèmes’ largest program for startups in the country
Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced that they have signed a Memorandum of Understanding (MoU) with Government of Telangana’s T-works, India’s largest fully integrated prototyping center, to set up a Startup Center of Excellence and introduce 3DEXPERIENCE Works startup program to engage early-stage hardware startups. A one-of-a-kind Startup Center of Excellence in India, dedicated to revolutionizing the engineering ecosystem in India, will support startups across industries such as aerospace, defence, automotive, and others.
The MoU was signed in the presence of Suchit Jain, VP - Strategy & Business Development, Dassault Systemes SOLIDWORKS, P M Ravikumar, India Management Director, SOLIDWORKS & 3DEXPERIENCE Works, Dassault Systèmes, Ramakrishnan Venkataraman, Director & Head -Enterprise Solutions, Dassault Systèmesand Sujai Karampuri, CEO, T-Works.
T-Works is an initiative of the Government of Telangana with a vision to create and celebrate a culture of hobbyists, makers, and innovators in India who explore and experiment without the fear of failure. With the signing of the MoU, Dassault Systèmes will equip the center with the latest technologies, such as 3DEXPERIENCE Works, to drive future-ready innovation leveraging modern design and engineering solutions. The 3DEXPERIENCE Works startup program will offer software, training, and co-marketing resources to participating startups and help them succeed. The Startup Center of Excellence will enable an innovation ecosystem that empowers next-generation startups to design, build and create prototypes of their products leveraging state-of-the-art equipment, design tools, and mentoring across fields to accelerate the journey from ideation to product development.
In a statement, Suchit Jain, VP - Strategy & Business Development, Dassault Systemes SOLIDWORKS said, “We aim to uplift the startup innovation ecosystem in the country through the Startup Center of Excellence at T-Works and drive our commitment to future-ready innovation through new-age engineering and design solutions.”
Mr Sujai Karampuri, CEO - T-Works & Director Electronics, Government of Telangana said, “Sophisticated design and simulation tools are extremelyt important to reduce the time, cost, and complexity while building hardware products. Until today, such tools were out of reach for more startups in India. This collaboration with Dassault Systèmes to set up the Startup Center of Excellence at T-Works will prove beneficial to early-stage startups who can leverage cutting-edge software and technology solutions to create prototypes of their products to take it to the next level. “
Deepak NG, Managing Director, Dassault Systemes, India said, “We believe that such initiatives are integral to empowering the new generation of startups across core industries. Invaluable design guidance and mentorship will be advantageous to new startups when launching a new product in the market as it can help avoid common mistakes and overcome challenges early on while making the entire journey more sustainable.”
FOR MORE INFORMATION
Dassault Systèmes’ 3DEXPERIENCE platform, 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions: http://www.3ds.com
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