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Proactive UK has moved.
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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The Markets
by Proactive
Proactive UK has moved.
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Tech

Deepspatial plans more growth in 2022 with new hires, partnerships, and Metaverse launch

The company plans to expand its sales, software, data science, and marketing team to meet the ever-growing demand for Geo-Spatial AI solutions

Deepspatial Inc CEO Rahul Kushwah said the company plans to grow even more in 2022 with new hires, partnerships, and a launch into the Metaverse.

“2021 was a year of notable growth for Deepspatial. From presenting our product to many companies and organizations to adding incredible talent to the team, we are very excited to achieve our strategic commercialization growth plan for 2022," Kushwah said in a statement.

“On the technology side, we have made significant improvements to our AI engine and added several features to the product that will further expand Deepspatial’s market reach and potential. The past several months have been very busy for our business development team, with over twenty (20) promising projects and lucrative opportunities in our sales pipeline spanning several industries, including government sectors, that we are eager to make an impact with," he added.

READ: Deepspatial secures strategic partnership with Staqo for global expansion

Kushwah added: “We have a lot of work cut out for us at Deepspatial, and we are focused on expanding our team to meet the overwhelming demand for our solutions and work towards meeting our initiatives for 2022. Our software development and AI data-science team are working earnestly to complete and deliver the new-and-improved version of the Deepspatial platform to bring to market a robust, visually enhanced AI-powered product that solves many industry-wide companies and organization’s problems. Apart from serving businesses, Deepspatial plans to be aiding Government organizations to positively impact socioeconomic change.”

Key strategic initiatives and milestones anticipated in 2022:

  • Expand sales, software, data science, and marketing team to meet the ever-growing demand for Geo-Spatial AI solutions
  • Make several patent additions to its technology US patent portfolio
  • Engage strategic partners to expand Deepspatial’s key-data resource for customer needs
  • Entry into specific government sectors like Education, Agriculture, Healthcare, and Law Enforcement.
  • Offer Digital Twin functionality for customers to allow for an immersive experience with their physical assets and working infrastructure in a virtual world. This will mark the company's entry into the Metaverse where eventually customers will be able to connect with their customers and partners to engage in executing meaningful commercial business transactions.

"The interesting part of the Deepspatial platform is its ability to combine cognitive AI with geographic information to enable their customers to make informed decisions,” Kapil Raval, director of business development for AI solutions at Microsoft and advisor at Deepspatial.

“The pipeline of projects this young company has confirms there is a need for a platform that goes beyond basic AI-driven analytics.”

Contact the author: patrick@proactiveinvestors.com

Follow him on Twitter @PatrickMGraham

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