5 min
[caption id="attachment_1965" align="aligncenter" width="4288"]
Jim Tung, MathWorks Fellow[/caption]
Massachusetts-headquartered MathWorks a global powerhouse that has been lighting the academic sphere with MATLAB since 70s and now Simulink has become an integral part of research and development. The tools are used across sectors, majorly in automotive, aerospace, industrial automation, semi-conductor, communication, electronics and financial services. From NASA to industrial automation and medical device industry, Matlab and Simulink, proprietary commercial products are used for modeling and simulation, thereby enabling the design and development of products across the sectors.
[caption id="attachment_1967" align="aligncenter" width="2848"]
Kishore Rao, Managing Director of MathWorks India[/caption]
IoTIndiaMag caught up with Jim Tung, MathWorks Fellow and Kishore Rao, Managing Director of MathWorks India at the recently concluded MATLAB Expo and gleaned these key takeaways. Rao, who has been spearheading the India operations since 2008 and has a staff of 220, headquartered in Bangalore said the Indian office’s main goal was to “drive local engagement with our customers here and help them adopt solutions across industry”.
“India is a true representation of how the market is worldwide. You got automotive, aerospace, healthcare, industrial equipment, financial. We have 220 people in India at this stage, and the primary focus is India business, but we also have a growing team of development and they are aligned to our worldwide development organisation,” said Rao, adding that 85% of business is in commercial -- automotive, aerospace being the two biggest verticals in India and worldwide. In fact, MATLAB found good use in financial area with central banks using the tools for econometric modeling and risk management. From ICICI bank, Deutshce Bank to JP Morgan and even the stock broking communities use the tools for portfolio management. The rest 15% of business is driven by the academia.
Now in its 8th edition, the MATLAB expo saw 800 delegates attending the event, billed as a great forum for engineers to learn about MATLAB and Simulink applications in real-world settings. “Engineers today have multiple challenges, they are grappling with day-to-day issues and at the same time they sneed to keep pace with new technologies. The expo provides content across the globe, from IoT, radar, wireless to autonomous system, we cater to a diverse industry set”.
Jim Tung, MathWorks Fellow[/caption]
Massachusetts-headquartered MathWorks a global powerhouse that has been lighting the academic sphere with MATLAB since 70s and now Simulink has become an integral part of research and development. The tools are used across sectors, majorly in automotive, aerospace, industrial automation, semi-conductor, communication, electronics and financial services. From NASA to industrial automation and medical device industry, Matlab and Simulink, proprietary commercial products are used for modeling and simulation, thereby enabling the design and development of products across the sectors.
[caption id="attachment_1967" align="aligncenter" width="2848"]
Kishore Rao, Managing Director of MathWorks India[/caption]
IoTIndiaMag caught up with Jim Tung, MathWorks Fellow and Kishore Rao, Managing Director of MathWorks India at the recently concluded MATLAB Expo and gleaned these key takeaways. Rao, who has been spearheading the India operations since 2008 and has a staff of 220, headquartered in Bangalore said the Indian office’s main goal was to “drive local engagement with our customers here and help them adopt solutions across industry”.
“India is a true representation of how the market is worldwide. You got automotive, aerospace, healthcare, industrial equipment, financial. We have 220 people in India at this stage, and the primary focus is India business, but we also have a growing team of development and they are aligned to our worldwide development organisation,” said Rao, adding that 85% of business is in commercial -- automotive, aerospace being the two biggest verticals in India and worldwide. In fact, MATLAB found good use in financial area with central banks using the tools for econometric modeling and risk management. From ICICI bank, Deutshce Bank to JP Morgan and even the stock broking communities use the tools for portfolio management. The rest 15% of business is driven by the academia.
Now in its 8th edition, the MATLAB expo saw 800 delegates attending the event, billed as a great forum for engineers to learn about MATLAB and Simulink applications in real-world settings. “Engineers today have multiple challenges, they are grappling with day-to-day issues and at the same time they sneed to keep pace with new technologies. The expo provides content across the globe, from IoT, radar, wireless to autonomous system, we cater to a diverse industry set”.

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