Skkynet Cloud Systems, Inc. announces a new C$2.6 million project to accelerate the development of secure Industrial AI technologies.
The project is partially funded by a C$1.04 million investment from the Government of Canada through FedDev Ontario.
The initiative aims to enhance Skkynet's Cogent DataHub® data intelligence platform to meet the increasing demand for Industrial Artificial Intelligence.
Government Support
The project is powered by the Government of Canada support, demonstrating collaboration between the company and public entities.
Industrial AI Focus
The project focuses on developing secure, real-time data bridges for industrial operators to utilize AI technologies safely and efficiently.
Economic Impact
Skkynet's investment will expand its engineering team and boost the commercialization of Industrial AI solutions for global competitiveness.
- The project will enable Skkynet to enhance its Cogent DataHub® platform to securely facilitate AI-driven control logic in industrial environments.
- The Government of Canada's support underscores the importance of AI innovation in boosting the local economy and Canada's position in the industrial software market.
Skkynet's Industrial AI initiative, supported by the Government of Canada, signifies a significant step towards advancing AI capabilities in industrial settings. The collaboration and investment are poised to drive innovation, efficiency, and competitiveness in the industry.