Sonata Software Limited, a mid-sized IT solutions company, on Wednesday announced a grant to International Institute of Information Technology, Bangalore (IIIT-B).
In a release issued by the company, the grant will support scientific research for accelerating digital and platform-based business transformation. The three-year project, funded to the tune of Rs 1.05 Crores, will focus on research fellowship and evangelization of technology for platform- based digital business transformation.
Commenting on the development, Sonata Software MD & CEO Srikar Reddy said the company believes in nurturing relationships with leading academic institutions as part of its Corporate Social Responsibility initiative.
"This initiative with IIIT-B should help unlock the potential for platform based digital transformation that Sonata has been propagating. We hope that a wide set of organizations will benefit from the research that IIIT-B will do under the scope of this programme," he said.
Sonata Software has been at the forefront of enabling digital transformation through platform-based technology and business models through its proprietary Platformation methodology.
The company feels that the methodology would provide a boost to the ecosystem of enterprises, by empowering them to adapt to rapid changes in technology and business environments. Research and educational initiatives through an institution like IIIT-B is expected to contribute in enabling more predictable and effective outcomes for enterprises.