BlackBerry QNX and Pi Square Join Forces to Advance Indian Tech
BlackBerry QNX Partners with Pi Square Technologies
BlackBerry Limited (NYSE: BB) is experiencing a notable increase in share prices, reflecting growing investor confidence.
Expanding Horizons for Engineers
Recently, BlackBerry’s QNX division announced an exciting multi-year collaboration with Pi Square Technologies. This initiative aims to train thousands of engineers in India, addressing a crucial need in the burgeoning field of embedded systems.
Empowering Through Education
This initiative forms part of the broader QNX Everywhere program, highly regarded for bolstering educational resources. Engineers will gain complimentary access to the QNX Software Development Platform (SDP) 8.0, ensuring they acquire essential skills required for career success in the embedded systems sector.
Strategic Collaboration with Academia
Pi Square, designated as a QNX Value Added Integrator (VAI), collaborates proactively with various academic institutions throughout India. The goal is to incorporate QNX’s advanced tools and technologies into existing engineering curricula, thereby equipping students with market-relevant embedded systems competencies.
Insights from Industry Leaders
Raj Jain, Vice President of QNX Engineering and Head of R&D, expressed great enthusiasm about this partnership. He noted, “India is filled with ambitious and talented embedded engineers, and our initiative aims to equip them to make an impactful contribution right from the beginning of their careers.”
Srinivasa Raju, CEO of Pi Square Technologies, echoed these sentiments, highlighting the initiative's alignment with their overarching vision. He emphasized the urgent demand for skilled embedded software engineers and the importance of offering leading-edge training that meets rigorous global standards.
A Fresh Start for QNX
In a strategic move last month, BlackBerry revamped its division, formerly known as ‘BlackBerry IoT’, rebranding it as ‘QNX’. This rebranding effort aims to solidify its standing in the automotive and embedded industries, showcasing the importance of innovation in their service offerings.
Investor Insights
Investors interested in gaining exposure to BlackBerry may consider the SPDR S&P Kensho Future Security ETF (NYSE: FITE), which provides an additional avenue for capitalizing on the growth of innovative companies like BlackBerry.
Current Stock Performance
As of the latest trading sessions, shares of BlackBerry remain upwardly mobile, reflecting a surge of 1.90%, with current prices hovering around $5.37.
Frequently Asked Questions
What is the focus of BlackBerry’s recent initiative?
BlackBerry's initiative focuses on training thousands of engineers in India to develop skills in embedded systems.
Who is involved in the partnership with BlackBerry?
Pi Square Technologies is the partner collaborating with BlackBerry QNX to enhance the engineering workforce in India.
What training resources will be provided?
Engineers will receive free access to the QNX Software Development Platform (SDP) 8.0 as part of the training.
How does this initiative benefit students?
This initiative enables students to learn industry-relevant skills and improves their employability in the tech sector.
What is the current stock performance of BlackBerry?
BlackBerry shares are currently up 1.90%, trading at approximately $5.37.
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