eClerx signs MoU with IHFC to jointly develop innovative solutions in AI, ML, and Mobility

eClerx Technology has announced that it has signed a strategic partnership with IHFC, the technology innovation hub of the Indian Institute of Technology – Delhi (IIT Delhi) to develop innovative solutions in Artificial Intelligence (AI), Machine Learning (ML), Intelligent Automation (IA), and Mobility Solutions.

“The alliance will drive joint investments to co-create innovative solutions in Artificial Intelligence (AI), Machine Learning (ML), Intelligent Automation (IA), and Mobility Solutions,” the statement said.

The joint efforts will focus on building solutions in image recognition, speech recognition, natural language processing, text mining, and intelligent automation.

eClerx’s existing product stack utilizes most of these technologies, but the endeavor is to keep investing in research and development in this space and accelerate the innovation of new technologies which can form the bedrock for new solution offerings to clients and industries.

Image recognition, analysis, processing, and synthesis are important, especially for e-commerce and the luxury fashion industry. This, in combination with augmented reality, has various possible game-changing implementations.

Similarly, speech recognition is an important technology for developing advanced offerings in customer service. These offerings can lead to significantly enhanced customer experiences, which can help elevate the overall satisfaction levels within an industry.

Speaking on the partnership, Ashutosh Dutt Sharma, CEO of IHFC said, “IHFC is very excited to take this next step in forging a mutually beneficial partnership utilizing the upcoming technologies for creating solutions for the advancement of the industry.”

“We see this collaboration as a great opportunity for the organizations to come together, ideate, create, and execute various projects and services which will jointly both institutions,” Subir Kumar shah, Project Director Professor at IHFC said.

Talking about the development, Sanjay Kukreja, Global Head of Technology at eClerx, said, “We are excited and proud to collaborate with IHFC to create innovative solutions in AI/ML, intelligent automation, mobility, and data engineering. eClerx has invested significantly in building cutting-edge applications as part of the Technology Research & Development team. We look forward to working closely with Dr. Saha and Ashutosh Sharma on several initiatives in the near future.”

“Apart from augmenting capabilities of our existing tools, we plan to leverage the expertise of IHFC to invest in newer applications around data engineering, blockchain, and the Metaverse to expand our portfolio of services.” Manish Mittal, Head of Center of Excellence for AI, ML, Data, and Cloud practice at eClerx further added.