Bangalore: In the recent few years, India has made rapid progress in the arena of research and development, but the real question arises; is India capable of creating the next Google or Microsoft? Professor Sadagopan, Founder Director of International Institute of Information Technology (IIT), Bangalore, believes that India has the potential to produce world-class innovation, and initiatives such as Cloud 20/20 technical paper contest by Unisys will help in challenging and inspiring budding innovators to come up with revolutionary concepts. Launched in October 2009, the cloud 20/20 contest aims at catalyzing innovation in cloud computing. Almost 1500 submissions were received from more than 570 engineering colleges across the country. Deepak Karunakaran from IIIT, Bangalore was awarded the first prize for his topic 'Optimizing Workloads for Cloud Computing', and Kiran GVR from IIIT, Hyderabad and Karthik Sankar from National Institute of Technology (NIT), Tiruchirappalli were runner-ups. Bob Supnik, Vice President, Engineering and Supply Chain and Chief Technology Officer, Unisys Technology, Consulting and Integration Solutions, who was one of the jury members of cloud 20/20 contest, said, "We are overwhelmed by the phenomenal response and the high quality of abstracts submitted by the student community in India." By seeing these many submissions on the topic related to cloud computing, which is new to Indian engineering students, we can say that Indian students are not far away from competing to their American counterparts in providing innovative ideas. Some companies have already started betting big on Indian innovation. For instance, when EMC held its third EMC Innovation Conference last year, 617 submissions out of a total of 1,400 were from India. Seeing the initiative by India students, the company announced to invest up to $1.5 billion in India over the next five years. To support Indian engineering graduates to be more innovative and come up with unique ideas, SiliconIndia, a business and technology magazine published from Fremont, California, which covers business, technology and entrepreneurship sectors, is coming up with its own event named as AIEPIC (All India Engineering Project Innovation Contest). AIEPIC can be a platform for all the engineering graduates across the country who is looking for a stage to transform their dream into reality. To know the details about AIEPIC, please click on this link:- https://www.siliconindia.com/aiepic/index.php"