Gurgaon-headquartered Staqu, an artificial intelligence (AI)-based implementation enabler, has announced 100 percent Y-o-Y (year-on-year) growth in revenue. The overall growth of the company increased by 3x in the last two quarters. It also claimed that the client base has jumped by 126 per cent.
With its plug-and-play, video, and audio data analytics tool JARVIS, Staqu claims to work with more than 100 companies that include Chaayos, Embassy, Metro, Crocs, Olive, Borosil, JK Cement, Agrocel, and others. Additionally, it is also working with nine state governments to meet their needs for safety and security-based analytics.
Atul Rai, co-founder and CEO of Staqu Technologies said, “This fiscal year has been fruitful due to increased demand for our product portfolio as well as new customer acquisitions in new geographies. This is the reflection of our efforts to develop smarter security solutions for evolving businesses that require a high level of intelligence and automation to ensure continuous safety and security.”
“Since video and image data account for 60-70 per cent of all data on the internet, our goal is to take Staqu to the next level and serve as many industries as possible by deploying JARVIS to automate their operational processes,” he claimed.
“With JARVIS it is possible to have the data ready. if a coffee shop owner wishes to understand the more likeable seating in his space in order to make more optimal use of the floor, then with JARVIS installed with the CCTV camera in the property he can easily understand the customer’s preferred seating and can maintain that, while simultaneously working on the less preferred ones,” Rai added.