Axis Bank signs up with IISc to set up math and computing centre

The Axis Bank Centre for Mathematics and Computing is India’s first comprehensive Academic Research Centre on Mathematics and Computing.

It will play a vital role in building the nation’s future as many contemporary and futuristic areas such as Artificial Intelligence and Data Science rely on the foundations of mathematics and computing, the IISc said in a press release.

Spread over 1.6 lakh square feet of space, the Centre will have state-of-the-art labs and programmes that will benefit faculty and students from more than twenty departments of the premier institute. The Centre will host the new IISc BTech programme in Mathematics & Computing and the ongoing Interdisciplinary PhD programme in Mathematical Sciences. It is expected that over 500 engineers and scientists will benefit from the Centre every year.

IISc director Govindan Rangarajan said, “Mathematics and Computing are at the core of critical disciplines like Computational Fluid Dynamics, Computational Biology, Quantum Computing, Precision Medicine, Digital Health, Climate Science, Materials Genomics, Cybersecurity, AI, ML, and Data Science.The Axis Bank Centre for Mathematics and Computing will provide a platform for exploring and advancing research and innovation in the above areas.”

Axis Bank managing director Amitabh Chaudhry said, it was a proud moment for the bank to be a part of IISc’s journey while it was building one of the largest, dedicated Centres for Mathematics and Computing.

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“The higher education ecosystem is a space that is constantly evolving, especially post Covid, and India has huge potential to stand out as a global hub for new-age, innovative and quality education. For us, this is one small way to play our part in supporting and nurturing the future generations of the country.”