L’Oréal R&I Announces Collaboration With NASSCOM CoE For Tech Innovations From India
L’Oréal R&I announced their collaboration with NASSCOM CoE (IoT & AI) to co-develop and adopt technology, tapping the vibrant technology and startup ecosystems of India. CoE (Centre of Excellence) known for its technology enablement has successfully accelerated the innovation needs of large and mid-size companies in the areas of healthcare and wellbeing, process, manufacturing etc.
This joint initiative will help address the potential application of emerging technologies like AI, ML, IoT, AR / VR / MR etc in cosmetic/dermatological product development, consumer evaluations, personalisation and process optimization for accelerating/augmenting the L’Oreal R&I teams. There is a vast pool of innovative companies through CoE that specialize in data-based predictive approaches and solutions capable of addressing specific questions related to the consumers in real-time.
“Innovation has to address customer needs of today as well as the future. The partnership will help realize new scientific cutting-edge technologies that will lead a novel generation of ideas & innovation. We work towards strengthening innovation ecosystem that includes enterprises, start-ups & academia to take forward the agenda of digitalisation and generating valuable insights that will benefit the industry and their consumers”, said Sanjeev Malhotra, CEO, NASSCOM CoE.
The launch meeting was attended by the L’Oréal leaders from India, France, Japan and other countries and CoE team from Bangalore. The two teams committed to execute an agenda that will address the global needs and jointly work on roadmap for future technology areas.
