Siemens Healthineers, a medical technology firm and one of the world’s largest suppliers to the healthcare industry, announced that it has partnered with the industry body Nasscom for collaboratively nurturing innovation in healthcare startups, according to an ET report.
Siemens Healthineers and Nasscom’s Center of Excellence for IoT & AI will work with the Indian startup ecosystem to make healthcare more accessible and affordable, the partners said in a joint statement.
Through this partnership, the startup ecosystem in India will benefit from the global experience of the Siemens Healthineers Technology Accelerator in collaborating with businesses that are working on cutting-edge technologies in the areas of imaging, diagnostics and digital health leveraging AI, internet of medical things (IoMT) and robotics, it added.
The technology accelerator in India will facilitate collaboration between business lines of Siemens Healthineers and the startups through proof-of-concept or co-creation projects with a potential to result in joint development, commercial partnership or supplier engagement, the statement said.
Siemens Healthineers will support the startups in further validating their solutions, providing domain expertise and enabling access to technology building blocks, it added.
“A global crisis at this level has led to downturns, however, it has also led to business disruptions and transformations which have opened a plethora of opportunities to tenacious entrepreneurs,” National Association of Software and Service Companies (Nasscom) President Debjani Ghosh said. Indian startups have continued to prove their resilience by developing solutions that would help society cope with the pandemic on a daily basis, she added.
Siemens claims that it spends billions of Euros on research and development each year, continuously developing innovative new technologies. Siemens Technology Accelerator transforms these innovative technologies into successful new businesses that are separate from Siemens, either by founding start-up companies, or via a sale or licensing agreement.
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