Begin typing your search...

Hyd's Grene Robotics joins Technologix of US

The autonomous technology will help companies with revenue augmentation and cut in OPEX; eyes a share in the $500bn US enterprise market

Hyd’s Grene Robotics joins Technologix of US

Hyd’s Grene Robotics joins Technologix of US

Hyderabad: City-based Grene Robotics, a technology startup has partnered with Technologix Global, a Texas-based technology company, to deliver its autonomous enterprise solutions in the US market.

The two companies will work together to deliver Grene Robotics' autonomous solutions developed on the GreneOS platform for enterprise customers in the US market. The autonomous technology will help organisations with revenue augmentation and OPEX reduction.

In the pre-covid times, the global enterprise application market size was valued at $238.36 billion (in 2020), while in the post-pandemic world, it is expected to reach $527.40 billion by 2030, growing at a CAGR of 8.2 per cent from 2021 to 2030, thus, providing a huge opportunity landscape. With organisations having to accelerate their digital transformation plans, it has become imperative for them to identify and automate all possible business processes. Enterprises today are bombarded with an array of applications for different processes, yet all of them at their core are incompatible with each other, resulting in data silos, lengthy workflows and slow decisions based on legacy data, and limited integrations that cannot deliver a zero-touch customer experience. Autonomous enterprise solutions bring in the capability to automate work using artificial intelligence and related technologies thus digitally unifying people, processes, data, systems and machines in real-time.

"We have been in discussions with Technologix Global since last year and are happy to see the deal come through. By joining hands with them, we aim to expand our presence in the global market and offer autonomous enterprise solutions to help organisations adopt digital unification and replace mundane and repetitive tasks with innovative work, freeing the people to perform value-based tasks that focus on fostering empathy and decision-making," Kiran Penumacha, Founder and CEO of Grene Robotics, said.

"We have been helping organisations transcend the 5th industrial revolution of human-machine coexistence through the GreneOS platform and have created success stories with our alpha customers like Vodafone Idea, GVK, and also built India's first-of-its-kind autonomous drone dome defense system Indrajaal which is already a part of the nation's mainstream defense narrative today," he added. "With Grene Robotics, we have the advantage of offering autonomous and unmanned robotic systems for the enterprise market that will help them augment their revenue streams and reduce their OPEX," Harish Penumatsa, Founder of Technologix Global, said.

Bizz Buzz
Next Story
Share it