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The use of Smart Techs such as AI-ML, IoT and Deep Learning is growing with the passage of time. Especially with technologies such as digital platforms, data analytics, drone tech, Smart tech enabled hardware and predictive analysis for business growth these technologies are very important.
Recently, drone technology is growing in usage in many fields across the industrial sectors, including geospatial analysis, agritech, weather monitoring, crisis management etc. small drones can be purchased from E-commerce and also from the distributors and dealers by the clients. Hence, usage and development of AI-ML in this technology is critical for making precise readings which can be used for analytics by the experts.
Vecros mainly provides AI/ML services for drone technology across India. DQ Channels has inquired about their business in 2021. Following are the responses from Besta Prem Sai, Founder & CEO, Vecros -
What has been the revenue growth of your organisation in 2021?
Started in October 2020, Vecros has witnessed average of 500% to 600% growth per year in terms of evaluation, client discovery etc.
What was the % of revenue growth in AI/Ml, IoT and Deep Learning from the previous year?
Vecros has done tremendously well since the launch. As compared to 2020, their revenue has got doubled year on year and observed 100% growth in terms of revenue generation till date.
How many MSMEs in the IT segment did Vecros help to grow in business in 2021?
Nearly, 70% of Vecros clients are from metropolitan cities and the rest 30% from non-metros. In the coming time, the company will be prioritising more into non-metro areas because the requirement of drone technology seems to be more crucial for development in smaller cities.
In which domains of AI-ML, IoT, Deep Learning did Vecros help the MSMEs in the IT sector?
Vecros mainly focuses on providing AI-ML based services to all its clients.