Inq announces enterprise AI products for Nigeria’s energy market

Inq operates in 10 nations throughout rising markets, however its objective in Nigeria is obvious: use AI to make energy distribution in Nigeria extra environment friendly. 

Inq Group, a Pan-African edge expertise supplier backed by Convergence Partners, has introduced its AI-powered options for the Nigerian energy market. According to the group’s chairman, Andile Ngcaba, the product shall be built-in into the distribution community of energy distribution firms (DisCos), enabling real-time evaluation of energy move and monitoring energy leaks. 

This announcement follows Inq’s latest reveal of two homegrown AI products it launched for its 10 markets throughout Africa and Asia: DocAi and VisionAI. DocAI is a instrument that digitises processes for companies and permits them to make use of area-specific, deep studying optical character recognition (OCR) to add scanned paperwork and extract precious data. Vision AI permits enterprises to deploy AI-powered picture recognition applied sciences throughout digital camera surveillance methods—enabling real-time analytics and alerts.

“We have locally built the continent’s leading intellectual property in artificial intelligence. Our products aren’t plug-ins to another man’s technology,” Ngcaba mentioned in a media briefing on Tuesday. “We will lead the continent’s adoption of AI and bring it to real-life cases in agriculture, energy, and digital recognition,” he added.

Inq Group has operated in Nigeria for about 4 years, and in that point has supplied enterprise-level cloud, connectivity, and IoT options for companies within the nation. The firm says it has additionally constructed proprietary massive language fashions which are powering its AI-solutions suite right now. 

The media briefing additionally marked the introduction of Glad Dibetso, the brand new group CEO, to stakeholders within the Nigerian market. Dibetso takes over this function after leaving Deloitte Consulting as a companion, cloud computing and ICT operations. Before this function, he served because the CEO of the West African operations at Dimension Data, an information options supplier backed by Convergence Partners.

“Electricity in Nigeria is powered by distribution companies. They collect monies from end users to pay the companies transmitting and generating electricity. But DisCos have struggled to remain profitable due to the lack of proper analytics to track the distribution and detect mass leakages. This is where we come in. We are already in talks with the government for adoption,” mentioned Valentine Chime, Inq Nigeria’s managing director.

Andile Ngcaba shared sturdy optimism in Inq’s enterprise in Nigeria. “Nigeria will be Inq’s regional hub, through which we will expand to several anglophone countries in the region,” he mentioned.