CII’s National AI Innovation Award to Rubiscape
New Delhi, February 26, 2024 – Rubiscape, a Pune-based and India’s one of the first Data Science & Machine Learning (DSML) software product company, was recognized at CII’s National AI Summit with – the prestigious “Award of Merit for Excellence in Best AI Technology Product Start-up” at the 9th International Conference on Artificial Intelligence (AI) held in New Delhi on February 26th, 2024.
India, being a fast-growing economy is set to lead the AI revolution and is emerging as a key destination for AI innovation. There is a strong need for a strategic approach and dialogue on similar lines to connect the Indian industries especially the large numbered MSMEs, start-ups, research institutes, academia, and government as well. Towards taking India forward in AI, the Confederation of Indian Industry (CII) constituted the CII AI Forum in 2019.
The theme of the conference was ‘Responsible AI for Accelerated Growth in India’ and was supported by the Ministry of Electronics and Information Technology, National Small Industries Corporation, Ministry of Micro, Small & Medium Enterprises, Office of the Principal Scientific Adviser to Government of India, and Department of Science and Technology, Government of India.
Rubiscape’s “Award of Merit” underscores the company’s commitment to developing cutting-edge, indigenous AI & Data Science Software. “We are incredibly honoured to receive this recognition from CII’s AI Forum, ” said Dr Prashant Pansare, Founder of Rubiscape. “AI has the potential to revolutionize numerous sectors and has an estimated potential of $15 trillion economic boost through AI applications. India also is well poised to become a global AI talent supplier, as well as transform the government, public sector and education sectors.” He further emphasized that “there is an immediate need for local and low-cost innovations using AI technology. We are excited about the opportunities for Made in India products and technologies for co-innovation and co-creation. We dedicated the CII-AI award to India’s Atmanirbhar Bharat movement, for being vocal for local.”
About Rubiscape
Incorporated in 2020 under Govt of India’s Digital Start-up Program (DIPP), Rubiscape has emerged as a fast-growing software product company with its award-winning and truly indigenous multi-persona Data Science & Machine Learning (DSML) platform. Many forward-thinking Fortune Companies, Public Sector Enterprises, as well as leading Institutions run Rubiscape for their analytics initiatives – from Customer Experience to Climate Change and Video Analytics to Demand Forecasting. Rubiscape enables enterprises and institutions to establish AI & Data Science Centre of Excellence for Future Skilling & Innovation Incubation.
