Sonasoft's (SSFT) Artificial Intelligence (AI) Solution Wins Contract with Padmini NVA
30 October 2019 - 10:49PM
InvestorsHub NewsWire
Sonasoft’s (SSFT) Artificial Intelligence (AI) Solution Wins
Contract with Padmini NVA
San Jose, CA -- October 30, 2019 -- InvestorsHub
NewsWire -- Sonasoft Corp. (OTCQB:
SSFT), a leader in innovative artificial intelligence
(AI), today announced that it has won a contract with Padmini NVA,
a manufacturer of products for original equipment manufacturers,
for the Company’s artificial intelligence (AI) solution, NuGene.
The OEM manufacturer will deploy NuGene across an army of robots by
O&M Robotics, a partner of Padmini NVA, enabling these robots
to autonomously navigate and clean solar panels, allowing for
millions of dollars in maintenance to be
saved.
Solar panels’
efficiency can diminish by as much as 20% in domestic installations
and as high as 60% in commercial installations. The number is too
large to be ignored especially for commercial installations. This
situation has encouraged the need for an efficient and
cost-effective system to clean the surface of solar panels. With
consistently expanding solar farms across the globe, the necessity
for solar panel cleaning systems is also rapidly growing.
Consequently, the demand for such cleaning systems is projected to
attract several local as well as global players to enter into the
market to capitalize on this
opportunity.
Operators must clean
the panels to meet energy production goals, but cleaning requires
precious resources in terms of increased labor, water, and other
costs. As a result, the number of cleanings is often reduced to
minimize costs. Manual panel cleanings require large crews in
remote locations and can result in poor results. Deploying crews
during the day can compromise energy production while deploying
them at night presents safety risks and potential damage to
Photovoltaic equipment.
NuGene and Padmini NVA
are positioned to revolutionize solar ROI by bringing AI to the
solar industry. NuGene Edge AITMwill be deployed on each
robot, controlled by NuGene’s Edge Hub ServerTMand the
NuGene Cloud AI EngineTMresulting in a seamless
deployment. Unlike other AI-based solar cleaning solutions, NuGene
leverages the latest in Edge
computing.
“NuGene’s ability to
not only navigate the solar panel autonomously, but to
simultaneously determine the appropriate cleaning mode based on the
present condition of the panel is a significant advancement in
solar cleaning technology,” said Ankur Dinesh, Sonasoft’s Chief of
Artificial Intelligence (AI). “Unlike other AI solar cleaning
solutions that rely on data centers that aren’t designed to provide
instantaneous results, NuGene’s Edge HubTMserver works
on instant data that is real-time data generated by the cleaning
robot sensors.”
Sonasoft’s AI solution
NuGene can be easily deployed beyond O&M Robotic solar cleaning
robots. The modularity of NuGene’s intelligence means this
partnership can extend into other specialized skilled industrial
robots required to work in extreme conditions or at
scale.
About
Sonasoft
Based in Silicon Valley
since 2003, Sonasoft is a public company (SSFT) providing solutions
that create significant competitive advantages from data, the most
valuable corporate asset in the digital economy. Our
artificial intelligence solution and software capabilities harness
data to enable businesses to accelerate and improve decision
making, increase operational efficiency, and automate critical
processes.
For more information
about Sonasoft, please visit:
https://www.sonasoft.com
For more information
about Sonasoft’s Artificial Intelligence (AI) solution, please
visit:
https://www.sonasoft.com/products/artificial-intelligence-ai/
For investor-specific
information, please visit:
https://www.sonasoft.com/investors/
Investor
Contact:
Mike Khanna,
President
Sonasoft Corporation
Phone: (408) 708-4000
Forward-looking
Statements
This release contains
statements that constitute forward-looking statements. These
statements appear in a number of places in this release and include
all statements that are not statements of historical fact regarding
the intent, belief or current expectations of the Company, its
directors or its officers with respect to, among other things: (i)
the Company’s financing plans; (ii) trends affecting the Company’s
financial condition or results of operations; (iii) the Company’s
growth strategy and operating strategy; and (iv) the declaration
and payment of dividends. The words “may,” “would,” “will,”
“expect,” “estimate,” “anticipate,” “believe,” “intend,” and
similar expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, many of which are beyond the
Company’s ability to control and that actual results may differ
materially from those projected in the forward-looking statements
as a result of various factors.
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