Deepspatial Inc (CSE:DSAI) said it has received a revenue-generating contract for its GeoAI platform from the Food, Civil Supplies, and Consumer Affairs Department in the state of Meghalaya in India, with the company’s entrance into the government and enterprise vertical offering potential expansion opportunities in this lucrative market.
The company said its GeoAI platform would be used by the department to revolutionize the way they reach and inform citizens about key public distribution services.
The platform will provide predictive and prescriptive insights at specific granular levels for delivering informational and educational campaigns of the government department which helps to educate and spread key information to the citizens of the state, according to Deepspatial.
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Deepspatial CEO Rahul Kushwah said that governments were finally starting to realize the power of geospatial AI for their efforts, and it was hugely exciting that the company was at the forefront of their adoption.
He added that contracts like this can be incredibly lucrative with the potential for large scale-up across India’s states.
“The demand for GeoAI is rapidly growing and our IP is growing exponentially alongside that demand,” he said. “With new verticals we constantly impact, Deepspatial is making its name in the GeoAI-solutions space.”
Deepspatial is an outcome-based artificial intelligence company, enabling organizations to enhance their decision-making capabilities by leveraging the power of data and AI.
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