New Delhi, Oct. 15, 2020: Harmonizer India Pvt. Ltd. today announced that India’s World Cup Winning Captain Kapil Dev has invested in its AI/ML/IOT based Energy Efficiency Solutions Technology.
Kapil Dev expressed his happiness on being associated with Harmonizer India and said, “I have invested in Harmonizer India to support the Indian Brainpower and Technocrats, who have done so well to acquire 14 Patents.”
In the recent event of RAISE 2020, emphasis has been given on India’s vision i.e. importance of Artificial Intelligence in today’s life. This will help India to become a global hub for Artificial Intelligence.
Manoj Soni, CEO, Harmonizer India said, “I am very happy that Mr. Kapil Dev has decided to infuse new energy to the Company that will conquer greater heights. The IoT market in India is poised to reach USD 15 billion by 2020, accounting for nearly 5 per cent of the total global market. There are tremendous opportunities for further growth. Harmonizer is aiming to achieve a significant part of that pie.”
M R Srinivas, CTO and R&D Head, Harmonizer India said that we have R&D Centre at Bangalore and presence in India, UAE and Canada. We have filed more than 14 patents and will be filing more in coming months on technologies like AI/ML for Industries that will have great advantages for our Customers.
As per latest study, the Enterprise AI market is heading towards much wider adoption in India. The study associates the Indian Enterprise Market for AI to be at $100 million, growing at 200-250% CAGR. By 2022, the Global Business value created by AI will touch a whopping $3.9 trillion, and spending on AI systems is expected to reach $79.2 billion. In India, the enterprise AI market is heading towards much wider adoption.