New Delhi, 20th January 2024 – ETI, the leading Information Technology company based in the Republic of CUBA, and Pranathi Software Services Pvt Ltd India, a prominent software service provider, have signed a Memorandum of Understanding (MOU) to foster collaboration and exchange expertise in the field of Artificial Intelligence (AI) and Machine Learning (ML). The historic agreement was formalized during the India Soft 2024 event in Delhi.
The MOU sets the stage for a dynamic partnership that will facilitate the exchange of specialists and technicians between ETI and Pranathi Software Services, paving the way for collaborative development projects in the rapidly evolving domains of AI and ML. This strategic alliance aims to accelerate innovation, drive technological advancements, and promote knowledge transfer between the two organizations.
Both ETI and Pranathi Software Services are committed to leveraging their combined expertise to address global challenges and seize emerging opportunities in the IT industry. The collaboration will not only strengthen ties between CUBA and India but also contribute to the growth of AI and ML ecosystems on a global scale.
Key highlights of the MOU include:
Exchange of Specialists and Technicians: The agreement outlines a structured program for the interchange of highly skilled professionals between ETI and Pranathi Software Services. This will foster a rich exchange of ideas, perspectives, and best practices in AI and ML.
Collaborative Development Projects: The partnership will see joint efforts in the development of cutting-edge projects based on AI and ML technologies. This collaboration is expected to yield innovative solutions that can address complex challenges across various industries.
Transfer of Knowledge and Technology: ETI and Pranathi Software Services will actively promote the transfer of knowledge and technology, ensuring that both organizations benefit from the latest advancements in AI and ML. This will include training programs, workshops, and shared resources.
The signing ceremony at India Soft 2024 marks the beginning of an exciting chapter in the global IT landscape. Both organizations are enthusiastic about the potential of this collaboration and are optimistic about the positive impact it will have on the technological landscape.