Bengal’s Flag Bearer at World Economic Forum in Davos, Meghdut Roy Chowdhury represents India in the Global Arena

Bengal’s Flag Bearer at World Economic Forum in Davos, Meghdut Roy Chowdhury represents India in the Global Arena

The recent World Economic Forum in Davos, Switzerland, witnessed a dynamic display of India’s economic prowess and entrepreneurial spirit. Mr. Meghdut Roy Chowdhury, Chief Innovation Officer and Executive Director at Techno India Group, one of the largest educational conglomerates in India, played a key role in showcasing India’s potential on the world stage.

A Davos veteran, Mr. Meghdut Roy Chowdhury described the forum as a place of inspiration, networking, and agenda-setting for the year ahead. He helped curate talks at the India Engagement Center, India’s official pavilion, highlighting the nation’s emergence as a significant global economic and innovation hub.

India was consistently presented in a positive light, frequently described as an up-and-coming superpower with references to the “decade of India.” Mr. Meghdut Roy Chowdhury’s curated sessions, titled “New Age India” at the India Engagement Center with Yashraj Akashi, brought the concept of “New Age India” to life, showcasing the country’s diverse talent and entrepreneurial drive.

Esteemed speakers included Shri. Balamurugan D., Joint Secretary at the Department for Promotion of Industry and Internal Trade (DPIIT); Raju Narisetti, Leader, Global Publishing at McKinsey & Company; Nishith Desai, Founder of Nishith Desai Associates; Edith Nordmann, Member of the Task Force on Future of Work, Skilling, and Mobility under B-20 India; and Bharat Kaushal, Managing Director of Hitachi India. In addition, “Taking India’s New Age Entrepreneurship to The World” featured distinguished speakers like Shri. Rajesh Kumar Singh, DPIIT Secretary, Govt of India; Vaishali Sinha, Co-Founder of Renew Power Foundation; Yat Siu, Founder of Animoca Brands (Metaverse & Blockchain Technologies); Zubaida Bai, CEO of Grameen Foundation; and Chetan Baregar, Co-Founder of Recykal.

“The Global Indian: Catalysts of Global Change” took center stage at the 54th Annual Meeting of the World Economic Forum in Davos-Klosters on January 17, 2024. Organized to explore the influential role of Indian leaders in shaping global paradigms, the discussion featured a distinguished lineup of speakers including Pavan Sukhdev, CEO of GIST Impact; Asha Jadeja, Chairman of Motwani Jadeja Foundation; Puneet Renjhen, Board Member of Mahindra Group; Raju Narisetti from McKinsey (New Age Industry Catalyst); Shuchin Bajaj, Founder Director of Ujala Cygnus; and Tapan Singhel, MD & CEO of Bajaj Allianz General Insurance.

Collaboration was a central theme, with Mr. Meghdut RoyChowdhury championing partnerships as drivers of growth and innovation. The partnership between the PhD Chamber of Commerce, edge entrepreneurs, and Invest India highlighted this focus and presented India’s new age energy and potential to the world.

Significantly, the discussions at the World Economic Forum also highlighted the growing influence of Artificial Intelligence (AI) in shaping the global economic landscape. With India at the forefront of this revolution, Mr. Meghdut RoyChowdhury emphasized the critical role AI plays in enhancing business operations, governance, and societal welfare. He pointed out successful AI initiatives in India that are setting benchmarks in healthcare, agriculture, and smart cities, showcasing how technology can be harnessed to solve real-world problems efficiently. The forum served as an excellent platform to demonstrate how Indian innovations in AI are not only technologically advanced but also socially inclusive, further reinforcing India’s position as a global hub for cutting-edge technology and innovation.

Looking ahead, Mr. Meghdut RoyChowdhury wants to see increased representation from West Bengal at Davos, like the strong presence of other Indian states promoting their achievements. He believes that a larger, more focused effort will further amplify New Age India’s dynamism and optimism on global platforms.

Mr. Meghdut Roy Chowdhury concludes that India’s success at Davos depends on collaborative efforts and a unified commitment to advancing the nation’s interests on the international stage.

https://www.meghdutroychowdhury.com

SGU Project Management Group To Bring Innovations To The Fore In Artificial Intelligence

SGU Project Management Group To Bring Innovations To The Fore In Artificial Intelligence

As a company based in both Dubai and India, SGU Project Management Group forayed into different businesses over a period of time. While certain organizations establish themselves in one or two fields or chart a growth-based path with time, SGU Management Group has a different approach. The organization decided to set foot into different industries and build a distinctive identity for itself through its innovative methods and ground-breaking ideas. After firmly establishing its presence in India and Dubai, the company now wants to expand in both these countries and also offer its services in many other countries across the world.

Elaborating on the same, a spokesperson from SGU Management Group says, “Both Dubai and India have emerged as investor-friendly destinations. Owing to the business-friendly policies in these two countries, we were able to expand our organization very well and offer our expertise and services across a variety of industries. We have had a great journey so far and now, we plan to get into a new and exciting phase in which we will be executing many other important expansion plans that we have designed meticulously. We recently set up a few businesses in Singapore. We will be expanding into other countries very soon.”

In the last few years, artificial intelligence, or AI has caught the attention of people across the world. From creating content to keeping a tab on business activities, people have already been using AI in different ways. While some fear that AI will render several people jobless, many are of the firm belief that having a good knowledge of AI will actually lead to further job creation and help industries accelerate their growth faster. Through its acquired branch of Synergy Universal in India, SGU Management Group plans to offer advanced services with the help of AI.

“Over the last several months, our experts have studied AI extensively. As a technology, AI is evolving with every passing day. We continue to observe its evolution closely and are determined to bring further innovations to it so that our partners and clients can benefit from it. From healthcare to entertainment, AI has proved to be a disruptive force in almost every industry. We will use it to propel the growth of your businesses forward and also guide other organizations in implementing it in a way that it helps them to scale further”, says the spokesperson.

After recently setting up a branch in Singapore, SGU Project Management Group will soon be registering its presence in several other countries. The organization will be expanding in a planned manner and is also ready to venture into industries it had not explored as yet. It will also continue to grow in India and Dubai across multiple verticals.

Website – SGU.ae

India Welcomes Its First AI Desktop PC: RDP Unveils Groundbreaking Technology Powered by AMD Ryzen™ AI Processor

India Welcomes Its First AI Desktop PC: RDP Unveils Groundbreaking Technology Powered by AMD Ryzen™ AI Processor

Hyderabad,8th May 2024 – RDP, a pioneering name in technology solutions, proudly announces the launch of India’s first AI Desktop PC, powered by the cutting-edge AMD Ryzen™ AI processor. This revolutionary product marks a significant advancement in computing technology, promising unparalleled performance and intelligence for users across various sectors.

The unveiling ceremony, led by Rajesh Mallampalli, Vice President of Sales at RDP , signifies a milestone moment in the realm of technological innovation in India. With the collaboration between RDP and AMD, consumers can now experience the next level of computing power, seamlessly integrated with artificial intelligence capabilities.

The RDP AI Desktop PC is engineered to redefine user experiences in both personal and professional computing. With the AMD Ryzen™ AI processor at its core, users can expect lightning-fast processing speeds, enhanced multitasking capabilities, and optimized performance for a wide range of applications, from content creation to data analysis.

Rajesh Mallampalli, Vice President of Sales at RDP, expressed his enthusiasm about the launch, stating, “We are thrilled to introduce India’s first AI Desktop PC in collaboration with AMD. This represents a significant leap forward in the technology landscape of our country. With the integration of AI capabilities, we aim to empower users with unprecedented computing power and intelligence, revolutionizing the way they work, create, and innovate.”

Key Features of the RDP AI Desktop PC:

  • Powered by AMD Ryzen™ AI processor for unparalleled performance.
  • AI capabilities enable intelligent computing for enhanced productivity.
  • Sleek and modern design for seamless integration into any workspace.
  • Extensive connectivity options for versatile usage scenarios.
  • Designed and manufactured with a commitment to quality and reliability.

The launch of the RDP AI Desktop PC reaffirms RDP’s dedication to innovation and customer-centric solutions. As India embraces the era of artificial intelligence, RDP remains at the forefront, delivering technology that empowers individuals and organizations to thrive in the digital age.

For more information about the RDP AI Desktop PC and its availability, please contact Mr. Sumanta Raja, Zonal Head RDP, phone 7075598225

Shaip: Ethical AI Innovations for Empowering Linguistic Diversity and Economic Empowerment

Shaip: Ethical AI Innovations for Empowering Linguistic Diversity and Economic Empowerment

In an era dominated by technological advancements, Shaip emerges as a leader in fostering innovation and inclusivity, particularly in the realm of artificial intelligence (AI). Its extensive network spans over 30,000 Collaborators across more than 40 countries, including India, Mexico, Bangladesh, Afghanistan, Sri Lanka, Pakistan, Turkey, and the USA. This commitment extends to empowering the poor and underprivileged, leveraging technology as a force for economic upliftment and equal opportunity, and ensuring that the benefits of AI do not just advance the privileged few but elevate communities worldwide. By offering comprehensive services designed for Generative AI pipelines, including data licensing, collection, annotation, and transcription, Shaip embodies a global community dedicated to technological progress and social betterment, ensuring a holistic approach to AI development.

Central to Shaip’s ethos is the democratization of technology, aimed at empowering diverse communities worldwide. This is particularly evident in its significant impact in India, where it has extended its reach to over 100 districts, many in remote areas from Kashmir to Kerala. Shaip has a significant presence across India, catering to a wide linguistic diversity including Telugu, Urdu, Hindi, Chhattisgarhi, Santhali, Kannada, Marathi, Assamese, Bengali, Punjabi, Gujarati, Kashmiri, Nepali, Sanskrit, Malayalam, and more. Shaip initiatives in these regions are not limited to data sourcing; they empower rural communities by providing fair employment opportunities, thus contributing significantly to the economic and social well-being of these areas.

Vastal Ghiya, CEO of Shaip, emphasizes the company’s philosophy, “At Shaip, we see technology as a bridge, not a barrier. Our commitment to empowering communities worldwide enables us not only to create innovative technologies but also to forge a future where digital inclusivity is a reality for all.”

A notable aspect of Shaip’s workforce is its commitment to inclusivity, with women making up over 35 per cent of its workers. This statistic reflects Shaip’s dedication to breaking down barriers and fostering gender equality within the tech industry. Moreover, the company’s fair pay policy ensures that every worker, irrespective of their geographic location, receives compensation exceeding the local minimum wage, highlighting Shaip’s commitment to ethical practices and equality.

Our mission goes beyond mere innovation; we aim to generate a positive societal impact. By ensuring fair pay, championing gender equality, and embracing India’s linguistic diversity, we are establishing a new ethical benchmark in the tech sector,” says Utsav Shah, Country Head at Shaip. The beauty of GenAI is that it allows people from remote areas to do these tasks, furthering our commitment to inclusivity and technological progress. This approach not only advances our technological capabilities but also significantly contributes to social betterment by providing opportunities to underserved communities.

In addition to its ethical workforce practices, Shaip’s contributions to AI and machine learning advancements are noteworthy. Its involvement in the Bhashini project, an initiative by the Government of India, stands out. Bhashini aims to leverage AI to deliver services in multiple Indian languages, breaking down the digital language barrier and making digital services more accessible across India’s diverse linguistic landscape. The project benefits from Shaip’s expertise in collecting and transcribing Indian language datasets, thereby supporting local communities, promoting gender equality, and adhering to ethical employment standards, setting a model for the tech industry.

Shaip’s ethical and inclusive work practices include:

* Fair Pay Policy: Ensuring equal compensation for all workers, reflecting the value of their contributions and supporting their economic well-being.

* Ethical AI: Protecting data privacy and security, and maintaining transparency in AI training and data usage.

* Responsible AI: Identifying and mitigating biases to promote fairness in AI applications.

* Payment Parity: Adopting global payment standards that account for living costs and economic conditions and ensuring timely payments for economic stability.

* Equal Opportunity: Providing non-discriminatory employment providing equal opportunities regardless of race, gender, religion, or nationality, and encouraging a diverse workforce for richer AI development.

* Inclusivity in AI Development: Developing AI with cultural competence and making platforms accessible to all workers.

In conclusion, Shaip is at the forefront of blending technology with humanity, championing a future where digital inclusivity and linguistic diversity are not just ideals but realities. Through its pioneering projects and commitment to ethical practices, Shaip is paving the way toward a new era of digital inclusivity, enriching lives globally.

Revolutionizing Language Learning: The Impact of Artificial Intelligence

Revolutionizing Language Learning: The Impact of Artificial Intelligence

In today’s globalized age, the ability to communicate in multiple languages is more important than ever.  Recognizing the capacity for change in technology in education, leading language institutions globally are adopting artificial intelligence (AI). to transform language learning. From personalized learning experiences to language practice in batches, AI is reshaping the landscape of foreign language education.

AI has ushered in a new era of language learning, offering personalized experiences, instant feedback, and immersive practice, ultimately making language acquisition more accessible and efficient for learners worldwide.

Personalized Learning Paths:

AI-powered language learning platforms analyze students’ learning preferences, proficiency levels, and areas for improvement to create customized learning options. By adapting the syllabus to individual requirements, AI guarantees that learners receive targeted support and progress at their own learning speed.

Real-Time Feedback and Assessment:

With AI-driven assessment tools, students receive instant feedback on their language skills, including pronunciation, grammar, and vocabulary usage. This real-time feedback enables learners to identify and address areas of weakness more effectively, leading to intensified language proficiency.

Adaptive Content Delivery:

AI algorithms dynamically set learning materials based on student’s performance and understanding levels. By delivering content that is tailored to learners’ needs and interests, AI promotes active participation and enhances learning outcomes.

Immersive Language Practice:

AI-powered language learning platforms offer fully involved language practice through interactive conversations, virtual reality models, and augmented reality experiences. These involved learning environments enable students to apply language skills in realistic scenarios, promoting deeper understanding and retention.

Accessibility and Inclusivity:

Artificial intelligence-powered language learning methods make language learning a lot more easier and accessible to a wide range of learners. Students can access high-quality language instruction at any time and from any location, irrespective of location or socioeconomic status, All credits to mobile apps.

Continuous Improvement and Innovation:

AI technology enables language instructors to collect information regarding student learning practices and preferences. Using data analytics, instructors can redefine teaching methodologies, improve learning materials, and continuously develop ideas to meet learners’ changing needs.

For more information about the foreign language courses, please visit www.iifls.com

Unlock the potential of AI and embark on a journey of language discovery with the Indian Institute of Foreign languages

About the Indian Institute of Foreign Languages:

The Indian Institute of Foreign Languages is a leading training institute of language education, offering a wide range of language courses designed to meet the requirements of learners worldwide. With experienced instructors, innovative teaching methodologies, and cutting-edge technology, the Indian Institute of Foreign Languages is dedicated to encouraging individuals with the skills and knowledge needed to succeed in a multicultural world.

The Indian Institute of Foreign Languages provides an extensive array of foreign language courses through its platform, Book My Course. Offering a diverse selection of languages, ranging from widely spoken ones like Spanish and French to less common ones like Japanese, the institute caters to learners of all levels and interests. With experienced instructors and interactive learning materials, students can immerse themselves in their chosen language, mastering both spoken and written communication skills. Whether for personal enrichment, professional development, or travel purposes, the Indian Institute of Foreign Languages via Book My Course offers a convenient and effective way to embark on a linguistic journey.

Still Paying Office Rent? Discover This New Startup Solution to Save Big! – New Ecosystem Emerges

Still Paying Office Rent? Discover This New Startup Solution to Save Big! – New Ecosystem Emerges

New Delhi [India]: Are you a startup owner? Or, think about beginning your venture. You’ve probably spent hours and days wondering about managing business expenditures. Especially on office rent and leases!

What if we tell you the world is at the precipice of a groundbreaking solution for new age startups?

One that will help founders like you save humongous capital that would otherwise be spent on setting up and running physical offices.

You read that right!

There is a company at the forefront of the workspace evolution to help new business owners run their ventures with ease.

The company is Aaddress.in, a pioneering company revolutionizing the traditional workspace. It offers a lifeline to burgeoning businesses that want to cut costs without compromising on professionalism.

With the aim to help startups operate at minimum business expenditure, Aaddress.in offers a game-changing approach–virtual offices. They are strategically located to empower startups and redefine the workspace landscape.

The Paradigm Shift: From Brick-and-Mortar to Virtual Brilliance

Startups are fast embracing the idea of virtual offices as it offer flexibility, ease of operation, and affordability.

Aaddress.in recognizes the potential of virtual offices and has come up with well-thought solutions. The aim is to help ease the financial strain placed on emerging businesses by physical office rents.

By offering virtual offices at strategic locations, they not only alleviate the financial burden but also introduce a new era of flexibility and efficiency.

“Say goodbye to exorbitant office rents and hello to the future of workspace flexibility,” says Kashish, Marketing Manager at Aaddress.in. “Our mission is to empower startups with the freedom to operate from anywhere while maintaining a professional image.”

Beyond Virtual Offices: Redefining the Workspace Ecosystem

Aaddress.in doesn’t stop at virtual offices; they are trailblazing an entire ecosystem designed to nurture entrepreneurial success.

Recent research conducted by them sheds light on the challenges faced by startups, particularly those opting for virtual offices.

Despite harboring long-term visions, a significant number of startups experience premature closures within 1-3 years.

This phenomenon prompted Aaddress.in to delve deeper into the root causes.

The findings indicate a critical gap in the entrepreneurial knowledge and skills required for sustainable business ventures.

To bridge this gap, they have undertaken the initiative to create a comprehensive ecosystem.

This innovative approach goes beyond the conventional. The company focuses on building a culture of customer success.

Their ecosystem seamlessly incorporates various mediums such as entrepreneurial content videos, ebooks, blogs, emailers, webinars, and podcasts.

“Entrepreneurship is a journey, and we’re here to guide and support every step of the way,” adds Aseem, marketing specialist. “Our ecosystem is a comprehensive toolkit, providing insights and tools to navigate the complex landscape of entrepreneurship successfully.”

Helping With Strategic Expansion

Aaddress.in extends its services beyond the realm of virtual office solutions by offering strategic expansion assistance.

Leveraging artificial intelligence, the company aids businesses in identifying optimal locations for expansion within India.

This forward-thinking approach aligns with the broader industry growth prospects. As a result, businesses are able to make informed decisions in pursuit of long term success.

Defining Core Values and Culture

At the heart of Aaddress.in’s operations lies a commitment to ensure customer success through service and innovation.

The company has meticulously outlined its core values with a clear purpose of existence and a competitive edge.

The focus on cultivating a culture that champions customer success sets the company apart from its competitors.

The commitment to customer success is further strengthened by the availability of professional customer care services seven days a week, from 10 am to 7 pm, at 8745950950.

Aaddress.in places significant emphasis on continuous improvement. This is evident in its proactive approach of soliciting post-sales feedback every quarter.

Ensuring Customer Satisfaction

Aaddress.in places a premium on customer satisfaction, which is evident from its policy of offering easy refunds.

This customer-centric approach is integral to the commitment to providing a seamless and satisfactory experience for the company’s clientele.

As the traditional workspace undergoes a transformation, Aaddress.in invites entrepreneurs to embrace this evolution and thrive in the new era of workspace flexibility.

The journey toward success becomes more accessible with the support of a dynamic ecosystem that caters to the diverse needs of startups.

“We believe that every entrepreneur deserves the opportunity to succeed, unburdened by the high costs of physical office spaces,” emphasizes Chandini, Client On-boarding Manager. “Aaddress.in is not just a service; it’s a movement towards empowering startups and fostering a community of thriving businesses.”

Aaddress.in

It is revolutionizing the workspace for startups, offering virtual offices and an innovative ecosystem to empower entrepreneurs on their journey to success.

Appy Pie Introduces Cutting-Edge No-Code AI App Development for Future-Ready Applications

Appy Pie Introduces Cutting-Edge No-Code AI App Development for Future-Ready Applications

Appy Pie, the leading no-code AI app development platform, stays true to its mission to revolutionize and democratize the tech industry with its pioneering advancements in AI-powered app development. Recognized as the biggest name in the field of no-code technology, Appy Pie announces a significant leap forward in simplifying AI app development for businesses and individuals alike making the technology accessible to all.

With a persistent commitment to innovation and user-centric solutions, Appy Pie has harnessed the power of Artificial Intelligence (AI) to offer a seamless and intuitive app builder for creating complex apps without extensive coding knowledge. This groundbreaking approach ensures that anyone, regardless of technical expertise, can leverage AI capabilities to craft powerful and customized applications tailored to their specific needs.

“Appy Pie is dedicated to democratizing the app development process,” said Abhinav Girdhar, Founder, and CEO at Appy Pie. “Our latest advancements in no-code AI app development reaffirm our commitment to democratizing cutting-edge technology and making it possible for anyone to create an app without the hassle of traditional coding. We believe in making technology accessible and affordable to all, and this innovation is a testament to that vision.”

The integration of AI within the no-code platform allows users to effortlessly incorporate intelligent features such as predictive analytics, natural language processing, and machine learning algorithms into their applications. This transformative approach not only streamlines the development process but also opens new possibilities for businesses to create innovative solutions and enhance user experiences.

Appy Pie’s dedication to democratizing technology has garnered widespread acclaim, positioning the company as a frontrunner in the rapidly evolving landscape of app development. Through continuous innovation and a user-first approach, Appy Pie remains steadfast in its mission to empower individuals and businesses, enabling them to harness the full potential of AI-driven applications.

Appy Pie, a Trademark of Appy Pie LLP, is a leading no-code development platform that helps transform business ideas into reality without requiring technical knowledge. It offers an all-inclusive suite of the best no-code tools, including an app builder, website builder, workflow automation platform, graphic design software, chatbot builder, help desk software, and live chat software. Appy Pie’s App Maker has been recognized as one of the highest-rated app builders globally by G2, thanks to its unique features, ease of use, and affordability. It is considered one of the most comprehensive no-code application development software for businesses of all sizes according to Capterra. Moreover, Appy Pie is the fastest-growing cloud-based DIY Mobile App Builder in the world, as acknowledged by GetApp.

Media Contact

For media inquiries or further information, please contact:

Snigdha Ghosh Roy

Email: marketing@appypie.com

Phone: +91 120 4338720

CIMCON Digital Launches VIBit-BP: First to Offer Wired and Battery-Powered Vibration Sensor for Industrial Asset Maintenance

CIMCON Digital Launches VIBit-BP: First to Offer Wired and Battery-Powered Vibration Sensor for Industrial Asset Maintenance

Ahmedabad (Gujarat) [India]: CIMCON Digital, a prominent player in predictive and prescriptive maintenance technology, announced the launch of its VIBit-BP, a battery-powered vibration sensor that eliminates the need for wired connections. As the first company to offer both battery-powered and wired vibration sensors, CIMCON Digital aims to provide flexibility to industries seeking practical predictive maintenance solutions. VIBit-BP responds to the global demand in markets where either the cost to install wires is prohibitive, power is not available or access to industrial assets being monitored is limited due to plant operating conditions. It also leverages the advances in battery technology and low power wireless networks to provide almost 10 years of battery life. With the addition of this product, customers can integrate all their assets, whether they require wired or battery-operated vibration sensors into one system. Additionally, both sensors are compatible with the company’s new generative AI assistant the Muni, allowing customers to receive machine health updates with its natural language chat bot.

VIBit-BP offers the same level of performance as its wired counterpart and seamlessly integrates into CIMCON’s state-of-the-art Industrial IoT platform. CIMCON customers can therefore continue to enjoy the same level of performance as it relates to anticipating potential failures, enhancing machine reliability while reducing operational and maintenance costs. Designed for demanding industrial settings, this compact vibration sensor offers the same mounting options that do not require any drilling or intrusive operations. It offers reliable wireless connectivity via Bluetooth Low Energy (BLE) for remote monitoring and advanced AI/ML-based analytics through a user-friendly interface for comprehensive machine health insights.

CIMCON Digital’s CEO, Anil Agrawal, said “with VIBit-BP, customers have the choice to go wireless and still experience the same reliability that they are used to from our wired product while interacting seamlessly with the software and Muni for real-time machine health updates.”

For more information about VIBit-BP and its benefits to your industry, please visit https://cimcondigital.com/vibit-battery-powered/.

CIMCON Digital, leveraging 35 years of industrial expertise, delivers cutting-edge Industry 4.0 solutions incorporating IoT, Artificial Intelligence, and Machine Learning. Their products assist diverse customers, including Manufacturing, Water and Oil & Gas, in achieving net-zero and sustainability goals. With global offices in the United States and India, CIMCON Digital aims to create a “One Connected Industrial World,” making them a prominent player in the IoT industry.

For more information, visit cimcondigital.com. For media inquiries, contact Aishwarya Agrawal at ashi@cimcondigital.com.

The Use Cases of AI in Mobile App Development

The Use Cases of AI in Mobile App Development

New Delhi, Everyone is talking about Artificial Intelligence and how it pushes the future to be automated and simpler. Well, a few years back, there were a few biggies in the game who used the capabilities of Artificial Intelligence to their advantage and benefitted the most from it.  But today, the picture has changed. With the advancement and accessibility of technology, startups, and SMEs leverage their full potential to transform their business and outpace the competition.

Well, there is no denial to the fact that AI in Business Mobile App Development can assist your customer support team, processing, and operability, sales and marketing, and offer real-time analytical insights for quick decision-making.

AI Chatbots – Making Customers Heard with Conversational AI Chatbots

One roadblock that the business arena felt when implementing AI chatbots in the business was its understanding of emotions. In the initial days, it was flat and responded based on the keywords in the search query.

With time, AI grew advanced enough to comprehend and analyze the tone and meaning of the queries and respond to them in a more humane manner. If you ever reached customer support of Amazon or Walmart, you can’t identify if it is the bot or a human on the other side answering your queries. With the help of natural language processing, cognitive Ai chatbots can understand and respond to users in a tone that would make calm them and help them reach the solution.

Robotic Process Automation to Make Business Operations Efficient

As we talk about robotic process automation, you can upgrade your functioning and operability efficiently with less human intervention.

Have you noticed how your mobile application can simply scan and give out the details of the products? Well, that’s basically CSV. A technology that uses AI algorithms to scan and fetch the details of the products from simply its unique bar code or scan code. Autofill, may seem like not that big of a rocket science, but that too is AI. Yup!

AI is helping users make the best of the applications with the least effort without even realizing the same.

* Data Entry and Migration: When you upgrade your handset, the details from your old smartphone are transferred to the new ones without much effort. Thanks to AI you just login to your account and get everything on any device you want.

* Transaction Processing: It is the role of RPA to assist you in validating transactions, reconciling payment information, and generating receipts. Thus, the chances of making a mistake here are almost nullified.

* Notifications and Alerts: You can use RPA to trigger personalized notifications and alerts to users based on their interactions within the app.

* Feedback and Support: Automate the process of collecting user feedback, categorizing it, and routing it to the right team.

* Inventory Management: As you focus on the core of your business, let AI take care of managing and updating your inventory as the order is received and delivered.

Real-Time Data Analytics and Insights to Know Your Customers Inside Out

Data gathering is one thing and using it to the best of your favor is another. Analyzing the data with the help of AI based algorithm can help you plan your business strategies in a way that would help you win a strong presence in the market.

* Predictive Analytics: Reflect in personalized recommendations that you can draw by analyzing the data collected by tracking user behavior on your mobile application.

* Personalized Recommendations: With real-time analytics, it’s easier for you to understand where your customer spends the majority time and what they like the best.

* User Engagement Tracking: With the ease to track user behavior it becomes easier for the service provider to offer similar recommendations and services to the users.

* Performance Monitoring: Monitor the performance of various services and products that you have to offer. You can easily track what works well for you and where you need improvements.

Sales and Marketing Help Growing Business Better with Artificial Intelligence

One department of your business that works 24*7 non-stop is the sales and marketing department. The department can come up with “n” number of tasks every day that needs human intervention. With AI automation under human surveillance the efficiency and productivity can increase several folds.

* Audience Segmentation: Let your marketing team have a helping hand in form of AI that makes studying the target audience easier.

* Predictive Lead Scoring: AI with advanced algorithms can predict lead scores on daily, weekly, monthly, quarterly basis, helping you set a budget for the same.

* In-App Personalization: As we talk about the content and services to be shared with the users, artificial intelligence works at its best. Ai personalizes the content serving and offerings as per user behavior.

* Lead Nurturing Automation: AI automates lead assignments, letting you focus on conversions.

* Competitor Analysis: The most important thing to beat the competition is stay ahead of them. With competitor analysis you can be sure where your competitor is and plan a strategy that helps you build a stronger and better presence.

* Content Generation: In the time where the world is rushing to build their presence over the internet, with the help of ChatGPT, your content team can get extended support in terms of ideas and small content that can be used.

Security Enhancement & Fraud Detection with Artificial Intelligence

With a surge in malware and cyber-attacks, mobile app users are a little skeptical about sharing their data online. The developers around the globe use advanced artificial intelligence and machine learning algorithm to better maintain the security and nullify online frauds.

Although this aspect does need more attention, we are making the use of the best advanced technology possible.

*   Data & Security Breach Alerts: AI detects suspicious activity in mobile apps and alerts the right team for action.

*   Banking & Finance Fraud Detection: AI in eWallet apps ensures data security and detects financial fraud using encryption and authentication.

*   E-commerce Fraud Detection: AI identifies user behavior patterns to distinguish genuine requests from abuse like return fraud.

*   Phishing and Cybersecurity: AI recognizes malicious content in emails and flags potential threats.

*   Online Identity Fraud Detection: AI studies user patterns and employs biometrics to prevent unauthorized access.

*   AML Compliance: AI in digital payment apps tracks transaction patterns, flagging potentially malicious activity if it deviates from the user’s usual history.

The market is expanding with technology and the businesses that embrace advance technology in its basic tasks would make it big than the ones that are looking forward to bigger infrastructure before they could adopt the change.

Despite market volatility and skepticism, AI proves transformative for those leveraging it as an enhancement tool. Arun Goyal, CEO of Octal IT Solution, highlighted how embracing evolving technology and upskilling the workforce propelled Octal from a modest Jaipur-based mobile app development company to an industry leader.

“We understand how AI is transforming the enterprise and creating new values. Recently our marketing and HR team upscaled their operability with the help of AI, and the results are amazing. I hear in the market often that AI may take away your jobs, I sincerely believe, if employed the right way, AI is only creating more job opportunities.” resonates Goyal, CEO of Octal IT Solution, a mobile app development firm.

Octal IT Solution is a leading mobile and web development service provider with a global clientele. They have been in the business for more than a decade now and have delivered more than 1500+ solutions. The company has a strong presence in the US, Europe, and the Middle East. They are often celebrated by their clients for their willingness to go the extra mile and deliver high-standard solutions.

Introducing Muni: CIMCON Digital’s Generative AI-Based Virtual Assistant that will Transform Manufacturing Decision-Making

Introducing Muni: CIMCON Digital’s Generative AI-Based Virtual Assistant that will Transform Manufacturing Decision-Making

Ahmedabad and Boston, August 2023 – CIMCON Digital, an AI-led IoT technology company in the manufacturing space, is thrilled to announce the launch of its innovative AI-powered virtual assistant, Muni. Designed to revolutionize manufacturing operations, Muni is set to enhance data-driven decision-making and boost asset reliability.

Muni is a sophisticated human-like expert interface to its AI-based Machine Anomaly detection and diagnostics application, tailored for manufacturing stakeholders and decision-makers. By harnessing the NLP (Natural Language Processing) power of Generative AI, Muni enables a human-like conversation with manufacturing professionals to optimize asset availability, reliability, and efficiency in an easy and interactive manner.

Muni seamlessly integrates with CIMCON‘s VIBit (Vibration, Temperature, and Noise) and CIM edge IIoT Platform. These cutting-edge tools collectively gather real-time machine health and performance data at a split-second interval. The software then employs a combination of physics, proven rules, and a number of advanced machine learning algorithms to precisely detect anomalies and identify machine faults with associated risk levels as well as recommendations to fix them.

“We are excited to introduce Muni to the manufacturing industry,” said Anil Agrawal, CEO of CIMCON Digital. “It is a game changer. It humanizes technology by enabling humanistic conversations where manufacturing professionals can question the system. This includes peeking into the way our software thinks resulting in quick decision making thereby avoiding costly machine downtime, saving plant owners hundreds of thousands of dollars while improving their brand. ”

Here is an example of a conversation with Muni and a manufacturing head, Tom:

Muni: “Hello Tom, good morning. A few assets changed their health status since you last logged in. Would you like to know further details from me?”

Tom: “Yes, provide me a list of assets under high risk.”

Muni: “Sure, Tom, the following assets are under high risk:

  • Screw Compressor (Asset ID: COM-456)
  • Pump 1 (Asset ID: PMP-789)
  • AHU Blower (Asset ID: AHU-123)
  • Force Draft Fan (Asset ID: FD-567)

Tom: “How many days has the Screw Compressor been at high risk?”

Muni: “The Screw Compressor (Asset ID: COM-456) has been at high risk for the past 5 days.”

Tom: “What is its fault mode?”

Muni: The fault mode is BPFI (Ball Pass Frequency Inner) found on ‘Motor Drive End Side’ of the Screw Compressor. The Non-synchronous energy at ball pass frequency in inner race 1xBPFI to 3xBPFI has increased.

Tom: “What’s your recommendation?”

Muni: “My recommendation is to assign this task to the maintenance team for inspection of the inner race bearing and replace the bearing, if required.

Muni: “Is there anything else I can assist you with today?”

Tom: “No thanks, all set.”

As shown above, Muni’s interface is extremely interactive and intuitive, allowing users to get a clear picture of their plant health issues along with subsequent recommendations.

CIMCON Digital’s Muni is poised to redefine the manufacturing landscape, propelling businesses towards data-driven excellence and unprecedented asset reliability. With its real-time insights and proactive recommendations, Muni showcases its potential to optimize manufacturing processes and drive decision-making for businesses in the industry to the next level.

“At CIMCON Digital, we are committed to bringing innovation and efficiency to the manufacturing sector,” added Agrawal. “Muni embodies our dedication to harnessing the power of AI to unlock the full potential of manufacturing processes.”

About CIMCON Digital: CIMCON Digital leverages 35 years of deep domain industrial experience of its parent company, CIMCON Software (I) Pvt. Ltd., to deliver cutting-edge Industry 4.0 solutions that incorporate IoT, Artificial Intelligence, and Machine Learning technologies. CIMCON Digital products and solutions help a diverse range of customers across Manufacturing, Water, Oil & Gas, among others, meet their net-zero and sustainability goals. The company has a global presence, with offices in the United States and India, and its mission is to create “One Connected Industrial World,” making it a leading player in the IoT industry.

For more information on CIMCON’s digital transformation solutions, visit cimcondigital.com. For media inquiries, contact Aishwarya Agrawal at ashi@cimcondigital.com or call +91-95128 00836.