Infibeam Avenues and EDII Partner to Drive AI Adoption

29 Jun, 2024

Infibeam Avenues and EDII Partner to Drive AI Adoption

Infibeam Avenues has signed an MoU with the Entrepreneurship Development Institute of India (EDII) to promote AI adoption among enterprises, startups, and MSMEs. As part of this collaboration, Infibeam has deployed its THEIA Platform to equip EDII’s students and entrepreneurs with the tools needed to develop AI products.

The partnership will initially focus on three programs: the ‘Start-up Accelerator Programme,’ the ‘AI Implementation Programme,’ and the ‘MSME Support Programme.’ This initiative aims to integrate AI and tech solutions into entrepreneurial ventures, stressing the importance of digitalization and AI for sustainable growth.

Vishal Mehta, chairman and managing director of Infibeam Avenues, emphasized that future business success hinges on embracing AI and digitalization. Additionally, Infibeam has introduced the ‘AI Facility Manager’ at EDII’s campus. This platform collects visual data from campus CCTVs to monitor authorized and unauthorized entries or exits, enhancing security, resource management, occupancy monitoring, and energy management. Infibeam will also support business development opportunities for startups, MSMEs, and EDII beneficiaries utilizing the AI solutions created through this partnership.

This collaboration is set to drive innovation and AI adoption, fostering growth and success in entrepreneurial ventures.