Altair & DesignTech Systems Sign Memorandum of Understanding (MoU) with Manav Rachna University
Industry – Academia endeavor to benefit students by inculcating research & innovation skills with required simulation technologies using the Altair suite of advanced software solutions
India, May 28th, 2019: US based Altair, (Nasdaq:ALTR) a global technology company providing solutions in product development, high-performance computing and data intelligence, in a collaborative effort with its channel partner in India, DesignTech Systems, has signed a tri-party MoU with Manav Rachna University (MRU), Faridabad. MRU is a leading State Private University established by Haryana State Legislature Act No. 26 of 2014, under section 2(f) of UGC Act 1956.
The MoU establishes co-operation between the three entities for setting up a Center of Excellence (CoE) providing infrastructure facilities for 30 engineers to work simultaneously on Computer-Aided-Engineering (CAE) simulation related student projects. MRU will conduct formal courses as part of the curriculum for students. It will also offer regular short-term training programmes with the content & duration based on industry needs.
The CAE-CoE will include the following activities as a part of the programme:
i) Training of formal subjects for Under-graduate (UG) /Post-graduate (PG) programmes
ii) Conduct Laboratory classes for UG/PG programmes
iii) Conduct projects at UG/PG/Ph.D. level programmes
iv) Conduct short term/continuing education programmes
v) Carry out research projects for the industry
vi) Carry out induction training for those recruited by Altair
vii) Other activities as mutually agreed upon by the parties
Speaking on the occasion of signing of the MoU, Dr. Prashant Bhalla, Chancellor, MRU said, “This initiative will provide a major boost for imparting high-end technical skills to the youth, and prepare them for employment or self-employment. Industries in Delhi and the Haryana regions will get major support by getting high-end skilled manpower.”
Prof. I K Bhatt, Vice Chancellor, MRU added, “This is a commendable initiative undertaken by Manav Rachna University and Altair. This will help to bridge the knowledge gap between industry and academia. Initiatives like this will provide students the right platform to acquire contemporary knowledge, while DT shall also help the university to train the students and the industry shall get trained manpower in the chosen area.”
Pavan Kumar, senior vice president, Global Indirect Sales, Altair, said “We, along with our partner DesignTech, are happy to collaborate with Manav Rachna University. These initiatives are designed to use technological solutions and resources to better align technical institutes with industry requirements by getting undergraduate and post graduate students who are industry ready, and boost innovation skills in these budding engineers. Altair offers many programmes to foster and promote the engineering discipline by providing real-world experience and skills.”
On this occasion, Vikas Khanvelkar, Chairman and Managing Director, DesignTech Systems, said, “We are proud to be associated with a prestigious institution like Manav Rachna University. Altair CAE solutions are being heavily used by leading MNCs and companies in the product design and engineering fields around the world. This will give students an excellent opportunity to be trained on these software so as to begin their career on a high start.”
About Manav Rachna University
Manav Rachna University (MRU) is a leading State Private University (established by Haryana State Legislature Act No 26 of 2014 & under section 2(f) of UGC Act 1956), offering globally relevant education. MRU is listed on the official website of Government of Haryana. The University has evolved from Manav Rachna College of Engineering (MRCE), which was established in the year 2004, a NAAC accredited ‘A’ Grade institution ranked 10th among all the private engineering institutes of the country. MRU has been ranked 4th among the Emerging Engineering Institutes of the country (The Times Engineering Survey 2018). https://manavrachna.edu.in/
About DesignTech Systems Ltd.
DesignTech Systems Ltd. is a leading CAD / CAM / CAE / PLM Solutions, Additive Manufacturing Technologies, and Engineering Services provider from India. With more than 20 years of experience we have been working with companies from cross vertical domains from India and overseas to support them in their most complex and challenging engineering initiatives while helping them derive best returns on their investments. For further information you can visit us at www.designtechsys.com
About Altair (Nasdaq: ALTR)
Altair is a global technology company that provides software and cloud solutions in the areas of product development, high-performance computing (HPC), and data intelligence. Altair enables organizations across broad industry segments to compete more effectively in a connected world while creating a more sustainable future. To learn more, please visit www.altair.com.