Under Rs 35: Multibagger Company Secures Multiple Contracts Worth USD 1 Million for Its AI Arm—Complete Details Inside!
The company’s shares have delivered an impressive return of around 125 per cent to its shareholders in the past 1 year only.
Phronetic.AI, the Artificial Intelligence division of Infibeam Avenues Ltd, has achieved a significant milestone by securing contracts with a leading chain of hospitals and a prominent UAE-based gas station chain for its innovative AI product, ‘AI Facility Manager.’ These contracts mark the debut of Phronetic.AI's Theia Vision AI technology, which will be integrated into five regional hospitals in India and a global network of gas stations.
The contracts, valued at approximately USD 1 million per annum, have a tenure of five years, with an option for extension. The Theia Vision AI technology is designed to revolutionize operations by enhancing precision, safety, and efficiency across critical sectors.
In hospitals, the AI Facility Manager will be deployed across multiple facilities, aiming to transform patient care by improving diagnostics, monitoring patient conditions in real time, and optimizing resource allocation. This integration is expected to set a new benchmark in healthcare innovation by streamlining operations and enhancing safety protocols through advanced visual data analysis.
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Simultaneously, the AI Facility Manager will be implemented across the gas stations operated by the UAE-based energy giant. This deployment will focus on elevating security measures, improving customer service, and optimizing operational workflows. With features like real-time threat detection, automated transaction monitoring, and customer behavior analysis, Phronetic.AI’s Vision AI technology is set to redefine the retail operations of this global energy player.
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These contracts underscore Phronetic.AI's growing influence in the AI sector, highlighting its commitment to delivering cutting-edge solutions that address the evolving needs of various industries.
On Wednesday, the shares of Infibeam Avenues Ltd are at around Rs 31.51 per share on the BSE. The company’s current market capitalization stands at Rs 8763.31 crore. Additionally, the shares have delivered a multibagger return around 125 per cent in the past 1 year.
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Disclaimer: The article is for informational purposes only and not investment advice.