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Business Economy


STPI Bhubaneswar to set up Centre of Excellence in Emerging Technology.

Bhubaneswar, Jun 5 (UNI)The Software Technology Park of India ( STPI) Bhubaneswar is in process of setting up of a new Centre of Excellence (CoE) in Emerging Technology like Industry 4.0 , AI, ML, Analytics & Cyber security very soon.

Speaking at a function organised to observe the 29th foundation day of STPI online speakers said the STPI-Bhubaneswar’s initiatives will help the Industries and Startups and the State can emerge as Innovation and Product Development Hub in Eastern India.

Three Software Technology Parks were set up in the country at Bhubaneswar, Bengaluru and Pune in 1989 but later the STPs were merged to create a single entity Software Technology Park of India in 1991.

Starting from three centers during 1991, STPI has established 60 centers across the length & breadth of the country boosting the IT export growth & creating large scale IT employment in the country.

In Odisha, STPI has three centres at Bhubaneswar, Rourkela and Berhampur. New STPI center at Balasoe is ready for operational. STPI is coming up with four new centers at Angul, Jajpur, Koraput (Jeypore) and Sambalpur in Odisha, with this STPI shall have eight STPI centers in the State which will be highest in the country.

At present STPI-Bhubaneswar is engaged in offering services like statutory services for STP & EHTP Scheme, Datacom Services, Incubation, Project Management & Consultancy (PMC), Server Co-location/Data Center services & India BPO Promotion Scheme (IBPS).
Over the years STPI-Bhubaneswar has put new milestones in IT exports of the State. Software exports of Rs.4500 crore has been reported from the State during the year 2018-19 putting the State in a commendable position in the IT map of the country.
Besides a catalyst for the IT Industries, STPI-Bhubaneswar has taken number of initiatives for the growth of IT/ITES/ESDM sector of the State including setting up of number of Centers of Excellence (CoEs) for creating next wave of budding entrepreneurship.
As part of this initiative, STPI has set up Electropreneur Park (EP) Bhubaneswar which will create a holistic eco-system and encourage R&D, Innovation, Entrepreneurship in the field of IT & ESDM. EP-Bhubaneswar has a flying start with more than 60 Incubation proposals from the Startups/Innovators for Season 1.
STPI has set up Fabrication Lab in collaboration with State Government & MIT, USA for creating a maker culture among the Startups and young techno-entrepreneurs which helps in designing prototype in the field of IT, ESDM, Internet of Things (IOT).
Recently the central government has approved the Next Generation Incubation Scheme (NGIS) under which Bhubaneswar is selected as launch location among 11 locations of the country., official sources here said.
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