Edvenswa Enterprises Limited (EEL) to transform how the productivity of the workforce is enhanced by enhancing it with digital workforce (Robotic Process Agents) reinforced with AI and also physical Robots to boost on-ground productivity.
In the United States, Edvenswa Tech, a wholly owned subsidiary of Edvenswa Enterprises Limited, received a new project from a Big Four Consulting Group in the area of strategic robotic process automation (RPA). Edvenswa Enterprises Limited (EEL) has started a focused initiative to take advantage of the growing demand in global businesses to transform how the productivity of the workforce is enhanced by enhancing it with digital workforce (Robotic Process Agents) reinforced with AI and also physical Robots to boost on-ground productivity.
Edvenswa Enterprises Limited (EEL) has started a focused initiative to take advantage of the growing demand in global businesses to transform how the productivity of the workforce is enhanced by enhancing it with digital workforce (Robotic Process Agents) reinforced with AI and also physical Robots to boost on-ground productivity.
Software robots that replicate how people interact with computers and software can be easily created, used, and managed thanks to a software technology known as robotic process automation (RPA). Software robots may accomplish a wide variety of user-defined activities, such as comprehending what is displayed on a screen, pressing the correct keys, traversing computer systems, and finding and retrieving data. Most tedious and repetitive tasks can be reliably completed by software robots without the need for breaks.
Speaking on the occasion, Uppuluri Sreenivasa Sreekanth, the Chairman and Managing Director of the Company said, “We are pleased to announce that we have secured a contract amidst intense competition, which has established a direct relationship with one of the Big Four consulting firms. Our team has developed an RPA solution tailored to this specific scenario that presents extensive growth opportunities across multiple projects at client locations, as well as similar projects with other clients. Our revenue from this emerging avenue has the potential to reach approximately US$ 2.0 million in the next six quarters.”
The CEO of the company, Ramesh Reddy, continued to express his gratitude for the extraordinary reaction from and support from our shareholders during the most recent rights offering. Addressing the shareholders, he said, “The oversubscription is a clear indication of the trust and confidence that shareholders have in the company and its future prospects. The company remains dedicated to working tirelessly to deliver long-term value to its shareholders and stakeholders, and we assure you that we will continue to uphold this commitment.”
“We are committed to establishing a comprehensive RPA practice to capitalize on the potential of this market. Our approach involves developing reusable components and tailored agents for a range of applications within the domain, catering to the needs of our current clients and ensuring adaptability for new clients across various industries,”Anil Boenepalli the CTO of the Company added.
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