Mahindra Satyam, a provider of consulting and IT services, has developed a smart grid research and innovation center (RIC) on the University of Waterloo campus in Ontario, Canada.

The RIC will provide IT professionals, students and teachers the tools to foster and evaluate innovative developments of next generation smart grid technology.

The development of this research and innovation center is part of an ongoing strategic memorandum of understanding between Mahindra Satyam and the University of Waterloo.

The main objectives of the RIC are to develop a curriculum and related training programs at the university for professionals in the smart grid sector, and to validate and test innovative products and technologies before large scale implementation.

Mahindra Satyam senior vice president Arvind Malhotra said the RIC will showcase the benefits of the ongoing smart grid technological revolution.