Empower India plans to expand into artificial intelligence and robotics to tap the projected USD 43.5-billion market by 2030. The company will focus on integrating third-party technologies for enterprises. "We aim to help enterprises move from technology adoption to practical deployment," said Rajesh Chavan, MD at Empower India, recently.
Synopsis
Empower India plans to expand its operations into artificial intelligence and robotics in the near future. The company aims to tap into the projected USD 43.5-billion AI market anticipated by 2030. It will focus on integrating and customizing third-party technologies rather than creating proprietary systems.
New Delhi: Empower India plans to expand into artificial intelligence and robotics implementation, seeking to tap the country's projected USD 43.5-billion AI market by 2030 through partnerships with technology developers and automation providers.
The company will focus on deploying, integrating and customising third-party technologies for enterprises rather than developing proprietary AI systems or manufacturing robotics hardware, according to a company release.
It expects potential revenue from implementation fees, system integration, customisation, maintenance and technology support, subject to commercial agreements.
"We aim to help enterprises move from technology adoption to practical deployment, creating intelligent systems that can operate effectively within real business environments," said Rajesh Chavan, MD at Empower India. PTI
(You can now subscribe to our Economic Times WhatsApp channel)
Curbing rupee bets: What the RBI’s new rules mean for the hedge-now-or-wait question
Brinjal, buffalo, bacteria: Inside India’s pay-for-nature system
Homebuyers wait as NCLT panel picks holes in unfinished Jaypee projects
The NBFC saga - Part 3: How one default in 2018 changed the way RBI reads risk
Four rules made HDFC Bank a compounder. All four have stopped. Can the new CEO rewrite them?