FORE School of Management and ClarityX Sign MoU to Advance AI and Data Analytics Collaboration

By India Education Diary Bureau Admin Last updated Aug 5, 2024

FORE School of Management (FSM) has entered into a momentous three-year Memorandum of Understanding (MoU) with ClarityX, a strategic partner of MapmyIndia, to establish a Data Experience Lab (DEL) at FSM, New Delhi. This collaboration is designed to enhance AI-driven data analytics education and research, facilitating student-driven data activities and real-world analytical projects.

The primary objective of the MoU is to establish a Data Experience Lab (DEL) at Fore School of Management, where student teams and faculty resources will participate in ClarityX-sponsored real-world analytical projects. The initial batch size will start from 20-30 students, with plans to expand in the future. This collaboration will empower students with practical experience and data-driven solution capabilities, enhancing their readiness for the business world. Both parties will benefit from shared knowledge, resources, and the development of innovative solutions to complex business problems.

The distinguished guest present were Mr. Rakesh Verma, Co-Founder & CMD, MapmyIndia, Ms. Rakhi Prasad, Co-Founder, ClarityX, and Non-executive Director, MapmyIndia, Dr. B.B.L. Madhukar, Chairman, FORE School of Management, Dr. Subir Verma, Director, FORE School of Management, Prof. A. K Harnal, Chair, Center for Digital, Social and Human Transformation, FSM

The ceremony began with a traditional lamp lighting by the dignitaries, symbolizing the enlightenment and knowledge this collaboration is set to bring.

Event Highlights:

Welcome Remarks by Dr. Subir Verma: Dr. Verma, Director of FSM, emphasized the strategic importance of the MoU and its expected positive impact on students and faculty, highlighting the need to adapt to newer technologies.
Speech by Prof. A.K. Harnal: Prof. Harnal welcomed the guests and stressed the significance of the partnership in driving innovation. He highlighted the activities of the Center for Digital, Social and Human Transformation and their forthcoming industry collaborations.
Chairman’s Address by Dr. B.B.L. Madhukar: Dr. Madhukar expressed enthusiasm for the partnership, aligning it with FSM’s mission to provide cutting-edge education through collaborations.
Presentation by Ms. Rakhi Prasad: Ms. Prasad detailed the MoU, focusing on the collaborative efforts and future projects aimed at leveraging AI technologies for students. She emphasized the tripartite relationship and alignment of students, faculty at FSM with ClarityX.
MoU Signing Ceremony: The formal signing of the MoU by Ms. Prasad and Dr. Verma marked the beginning of a new chapter of collaboration.
Guest Address by Mr. Rakesh Verma: Mr. Verma shared his vision for AI-driven data analytics and its transformative potential across various industries, emphasizing data customization for effective decision-making.

Dr. Subir Verma, Director of FSM, shared his thoughts on the partnership, saying, “This partnership with ClarityX will significantly enhance our capabilities in AI and data analytics, providing our students with unparalleled opportunities to engage in real-world projects and drive innovation.”

Ms. Rakhi Prasad, Co-Founder of ClarityX, expressed her excitement, stating, “We are thrilled to collaborate with FORE School of Management to set up the Data Experience Lab. This MoU will enable us to harness the power of AI and data analytics, fostering a culture of analytical excellence among students.”