Indo-Russian AI coop to reach level of strategic sectors soon, says digital solutions provider Zyfra | HT Tech

Indo-Russian AI coop to reach level of strategic sectors soon, says digital solutions provider Zyfra

Finnish-Russian digital solutions provider said that there are good prospects of cooperation in the field of industrial artificial intelligence (AI) that would take innovation, in some years, to the same level of cooperation seen in strategic sectors like defence and nuclear energy.

By: INDO ASIAN NEWS SERVICE
| Updated on: Feb 24 2020, 17:52 IST
Finnish-Russian digital solutions provider said that there are good prospects of cooperation in the field of industrial artificial intelligence (AI) that would take innovation, in some years, to the same level of  cooperation seen in strategic sectors  like defence and nuclear energy.
Finnish-Russian digital solutions provider said that there are good prospects of cooperation in the field of industrial artificial intelligence (AI) that would take innovation, in some years, to the same level of cooperation seen in strategic sectors like defence and nuclear energy. (Getty Images)

Finnish-Russian digital solutions provider Zyfra said on Sunday that there are good prospects of cooperation in the field of industrial artificial intelligence (AI) that would take innovation, in some years, to the same level of cooperation seen in strategic sectors like defence and nuclear energy.

India has become a key foreign market for Zyfra which develops turnkey solutions for digital transformation and enhancing operational efficiency in industries like mining, oil and gas, machinery and metallurgy across the globe.

You may be interested in

MobilesTablets Laptops
7% OFF
Apple iPhone 15 Pro Max
  • Black Titanium
  • 8 GB RAM
  • 256 GB Storage
28% OFF
Samsung Galaxy S23 Ultra 5G
  • Green
  • 12 GB RAM
  • 256 GB Storage
Google Pixel 8 Pro
  • Obsidian
  • 12 GB RAM
  • 128 GB Storage
Apple iPhone 15 Plus
  • Black
  • 6 GB RAM
  • 128 GB Storage

Responding to queries here, Zyfra Director of Business Development Alexander Smolensky that private companies have a distinct advantage in the area of innovation.

Also read
Looking for a smartphone? To check mobile finder click here.

"There are undoubtedly prospects for cooperation between Russian and Indian companies in the area of industrial artificial intelligence. India is an industrial power with a long history and extensive experience of IT development. India is very interested in innovation, and we're 'eeing that from both government agencies, as well as companies. We are seeing high demand for digitalisation from Indian companies," he said.

Also Read: US researchers have used AI to develop a powerful new antibiotic

"Military and technical cooperation and nuclear energy form significant part of the government agenda. In innovation, it's a'out private business which have a distinct advantage in that we don't h've to adhere to the state agenda. Indian clients choose Zyfra products because we offer unique solutions which increase production efficiency, not because our countries are strategic partners," Smolensky said.

He also said that Indo-Russian cooperation in innovation would get a boost if local production of hardware in India is increased for meeting the needs of the domestic market.

"As a first step and from our point of view, I would suggest producing the hardware in India for the domestic market and then deal with Russian software. For example, currently, we also have to find international hardware in India, or even export it. This is not very convenient, is relatively expensive and is not in the interests of either party in the long term," he said.

"Secondly, India has brilliant mathematicians and IT developers. We're interested in forging strong partnerships in India, which could team Zyfra solutions with local know-how, including technological processes. Essentially, we're ready to transfer base technology and tools so that our Indian partners can transform that into an end product geared towards the local market," he added.

Also Read: Google's AI tool is no longer going to label people in photos as man or woman

Last year, Zyfra connected 500 computerised numerical control (CNC) machines in India to its MDCplus real-time machine monitoring and manufacturing data collection systems, and plans to connect another 1,000 such machines this year.

Zyfra has been facilitating industrial manufacturers in India with AI and IIoT-based solutions, while in December last, the Odisha-based Earthmovers awarded Zyfra a contract to implement an "intelligent mine" solution at the Pakri Barwadih coal mining project in Jharkhand.

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 24 Feb, 17:52 IST
NEXT ARTICLE BEGINS