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Blue Cloud Bags AI Transformation Project from Rachana Grammar High School



Posted On : 2024-06-22 15:04:29( TIMEZONE : IST )

Blue Cloud Bags AI Transformation Project from Rachana Grammar High School

BSE-listed Blue Cloud Softech Solutions Ltd (BCS), an innovative AIoT solutions provider, bags strategic 'Digital Transformation' project from Rachana Grammar High School, a reputed 25-year-old educational institution.

As part of the project, Blue Cloud is deploying its flagship AI product offerings like 'Emotifics' and 'Edugenie' in Rachana School. Emotifics is an innovative 'Emotion AI' analytics solution that tracks human emotions using advanced computer vision technology. Emotifics helps the school improve student performance, staff productivity, and students' mental health. Edugenie, a comprehensive platform for educational needs, offers features like ERP, CRM, LMS, and assessment tools, all powered by AI technology.

Srikanth Nimma, Founder of Rachana Grammar High School, conveyed that BCS's Digital Transformation products were chosen after thorough evaluation and expressed confidence that Blue Cloud's AIoT solutions would enable the next level of growth for their academic institution in the years to come.

Speaking on the occasion, Janaki Yarlagadda, Executive Director of Blue Cloud Softech Solutions Ltd, highlighted that the global Artificial Intelligence market is valued at US$184.00bn in 2024, with an expected annual growth rate (CAGR 2024-2030) of 28.46%, resulting in a market volume of US$826.70bn by 2030.

Shares of Blue Cloud Softech Solutions Ltd was last trading in BSE at Rs. 171.68 as compared to the previous close of Rs. 163.51. The total number of shares traded during the day was 549925 in over 1082 trades.

The stock hit an intraday high of Rs. 171.68 and intraday low of 165.00. The net turnover during the day was Rs. 94355661.00.

Source : Equity Bulls

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