How does Kochi perform from a technical standpoint?!
Kochi is rapidly emerging as a technology, innovation, and entrepreneurship hub. The city boasts well-equipped IT parks and Special Economic Zones (SEZs) designed to preserve green spaces. Compared to other major cities in India, Kochi has managed to maintain a balance between urbanization and conservation.
The Indian city, has recently gained recognition from American technology giant Cognizant. It has been honored as one of the '21 Places of the Future' for its advancements in artificial intelligence, data science, and IoT. With the world striving to overcome the challenges caused by the coronavirus pandemic, the report forecasts Kochi's emergence as a vibrant hub of innovation.
In recent years, Kochi has also emerged as a significant global IT hub, with a range of technology-related projects and startups operating within the city.
This systematic framework helps to transform the city into a hub for technology and innovation while preserving local talent and attracting outside investments, all through sustainable development.
The city boasts several IT parks and tech zones, including Infopark and SmartCity Kochi. These tech parks host a wide range of IT and technology companies.
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The Infopark housing 541 businesses that, as of 2022, employed more than 62,500 experts. The notable tenants in the park include Indian technology giants like Tata Consultancy Services, Wipro, HCL Technologies, Tech Mahindra, foreign corporations like IBM, Cognizant, KPMG, and so on.
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SmartCity Kochi is specifically for IT/ITES/allied services. The project is expected to generate over 90,000 direct employment opportunities.
Moreover, Kochi has seen a growing startup ecosystem in recent years. It has several co-working spaces and incubators to support startups. The Kerala Startup Mission (KSUM) plays a vital role in nurturing the startup ecosystem.
The tech hub is home to prestigious educational institutions offering technology-related programs such as Cochin University of Science and Technology (CUSAT).
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