Five participating institutions, namely Universities from Novi Sad, Belgrade, Warsaw, Zagreb and Skopje were all included in the project based on their earlier collaboration and expertise in the fields of interest. Key persons from those institutions cover different research fields (UNS for automatic control systems, UB for biomedical engineering, machine vision and robotics, UKiM for power engineering, TVZ for optical measurements, WUT for electronics and physics).These all areas of expertise contain the demand for either control algorithms (systems), or signal processing or even designing virtual instruments. Therefore the collaboration between these five institutions came as a natural one. The project participants were already familiar with each other due to earlier collaboration through student competition held in past years. During those competitions project participants already had discussed about the lacks if current programs in their faculties, not only related to content, but even to methodology. Out of those discussion an idea was born to create a project like this.The main focus of the project participants was on students and how to make the courses they attend more interesting and more state of the art. Therefore the courses were updated with new topics, interesting as well for business representative with gave a feedback to project team what they are expecting from young engineers. Together with this students were given more practical tasks (specific problems from areas that project participants are expert for), they were encouraged to work jointly as a part of a team instead doing all the work individually.19 IOs were produced within the project, including one Moodle platform, one completely jointly written practicum (all 5 project participants were involved with almost similar amount of effort), 8 modified courses in such extent that they cover state of the art approach in learning and most modern topics in their content. Together with this one output contains video material related to courses uploaded in Youtube, there were three outputs providing more new practicums – in development of these practicums only some of the project partners were involved. Even two completely new books were written and three new courses have been established.2 LTT events were organized with around 50 students from all project participants Universities and some from external ones took part in them. About 10 business companies were involved in these LTTs promoting good collaboration between University and business sector. They also took part in jury of LLT activities competitions.6 Multiplier events were organized with around 130 domestic and around 20 foreign participant from around 30 different companies taking part in them. In here are only those who are counted by the project and further these MEs were also visited by other people from participant Universities to learn about new opportunities this project and its results bring to them. The participant were introduced to the project and their results or the project planning depending on the time when the ME was organized. In MEs participants provided the feedback to the organizer of what they expect to be a part of the courses developed within the project in order for those courses to follow the fast changing market. Of course project participants had to compromise with how much teaching content can be changed in order to satisfy business demands.Project will have both short term benefits and long term benefits Hopefully, ITASDI project brings new perspective towards teaching, new concepts and new topics for students which are jointly developed by the participating Universities and industry.