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AI Skilling in India: New study confirms AI Set to be a major part of India's growth story with increasing demands for skills

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Bengaluru (Karnataka) [India], July 1 (ANI/NewsVoir): In June 2020, the Institution of Engineering and Technology, India and the UK India Tech Partnership team from the British High Commission carried out an independent study on AI skilling in India as a part of their joint initiative to accelerate AI skilling and adoption in India. The study garnered close to 140 respondents representative of students, start-ups, academia, incubators, and large corporations. The study shed particular light on the need for a standardised AI curriculum for undergraduate and postgraduate programmes. Also, students trying to equip themselves with in-demand skills indicated that they were discouraged by not knowing where to start, finding the right expert, and fear of coding being too tough. This next generation of entrepreneurs also wanted support with application-led concepts like Speech recognition, Computer vision and Robotics, and Natural Language processing.


Astutrix Technologies launches data science services platform Cogniticx

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New Delhi [India], Aug 27 (NewsVoir): Astutrix Technologies Pvt. Ltd., a digital native data sciences services company, has announced the launch of India's first discovery platform for data sciences consulting, Cogniticx. Cogniticx, conceived as a data science talent marketplace, is aimed at a large scale, value added job creation for the phenomenal number crunching talent that India possesses. It enables an efficient matching of demand and required skills at optimal price points. "The rising entrepreneurial aspirations of the youngest population on the planet puts Cogniticx in a sweet spot, as it could facilitate a new generation of entrepreneurs, "The DataPreneurs" who typically start as freelancers on the platform, but eventually may branch out as boutique data science firms, fostering innovation at the grass-root level," said co-founder and COO, Rishi Bagga. For clients who may need these services, Cogniticx aims to play a stellar role in bringing down the cost of adoption of data sciences as well as improve success rates due to its razor sharp focus on delivering outcomes.


ClinicSpots integrates NLP - AI to offer enhanced medical experience

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Mumbai (Maharashtra) [India] October 12 (ANI/NewsVoir): Artificial Intelligence (AI) being perceived as a key for transformation of technology, even smaller companies are seen implementing machine learning within their products. ClinicSpots is one such Mumbai based mid-sized healthcare start-up to have introduced an innovative medical Q and A platform that makes use of NLP. The system tries to understand any patient query and displays the result in 3 forms: A direct answer, list of similar links related to the topic, other similar questions with answered. "For ClinicSpots it is crucial to maintain quality of content while expanding its user base. With hundreds of medical queries being posted each day on our portal, it become essential to automate this process. Hence we have introduced NLP to handle the patient queries better," said Pankaj Srivastava, Founder and CEO of ClinicSpots.


Elystar redefines Public Securities Investment with explainable Artificial Intelligence - Founder, Dr Satya Gautam Vadlamudi – ThePrint

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Mumbai (Maharashtra) [India], May 7 (ANI/NewsVoir): Since the dawn of the 2000s, Artificial Intelligence (AI) has been making waves through its penetration into various sectors. While AI helps increase efficiency and speed in a system, the lack of feedback when faced with errors has been a glaring concern. Recently developed Explainable Artificial Intelligence (XAI) technology tackles this issue by analyzing data to provide users with explanations for given issues and activities. Utilizing this technology to create investment strategies, Elystar aims to increase net returns by reducing machine/AI-made errors and thereby successfully leveraging the superior insights provided by AI. "Artificial Intelligence in finance is a relatively new concept that is still being explored and experimented upon. While few of the firms experimenting are sparingly using it for short-term trading, we have spent the past 15 months developing models to use it for long-term investments. One simple way to look at this concept is to compare it with Microsoft Excel. While Excel is used in different fields and by different people, it is used in various ways and forms. Similarly, AI has a number of variations in which it can be utilized, so no two approaches may be completely the same. AI not only helps us scale and analyze data rapidly, but the integration of Explainable AI allows us to understand and eliminate unwarranted biases to create a sound investment strategy," said Dr Satya Gautam Vadlamudi, Founder and CEO of Elystar.


Kauvery Hospitals adopt artificial intelligence

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Chennai (Tamil Nadu) [India], June 2 (ANI/NewsVoir): Kauvery Hospitals, one of India's leading multispecialty chain of Hospitals, have been harnessing the power of AI to better detect and manage the disease in COVID-19 patients. Chest CT scans are an integral part of the diagnosis and management of COVID-19. They help decide severity of the condition, which in turn helps physicians design the right course of treatment. However, this can be time-consuming as all the lung lobes must be carefully evaluated. In the process, interpreting chest CT scans accurately can be very subjective, which could potentially lead to misdiagnosis and inappropriate treatments.