Yes Bank, a private sector bank, has announced a partnership with Karim Nagar and Warangal smart cities in Telangana State to launch an industry-first ‘Collaboration-as-a-Service’ platform to address urban development challenges.
As a part of its newly launched YES SCALE Smart City Accelerator, the bank is inviting start-ups from around the world to collaborate with technology leaders like Bosch and Dell EMC and work on problem statements provided by respective smart cities.
As a partner to the programme, PwC has also committed to leading strategic partnerships & advisory and implementation of innovative solutions in the smart cities.
Commenting on the development Rana Kapoor, MD & CEO of Yes Bank said, “The bank’s cross industry collaboration through the Accelerator will empower these cities with innovative solutions to seamlessly connect people, processes and devices, and enable administrators to respond faster to citizen’s needs while also creating new revenue sources.”
Bosch and Dell EMC Digital Cities will provide testing, development and deployment of infrastructural support to help start-ups implement their solutions.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.