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Yudiz Solutions signs MoU with Nirma University

01-16-2024 11:18 AM CET | IT, New Media & Software

Press release from: Yudiz Solutions Pvt Ltd

Yudiz Solutions, an Ahmedabad-based company specializing in Game, Blockchain app development, and AI/ML development, has recently entered into a Memorandum of Understanding (MoU) with Nirma University. This collaboration, following the company's listing on the NSE Emerge platform in August 2023, emphasizes their commitment to providing cost-effective and scalable solutions. Yudiz Solutions focuses on innovative contributions in IoT solutions, IT Strategy, and Consulting.

This strategic partnership signifies a significant stride towards fostering collaborative research and development opportunities between industry and academia. The collaboration aims to advance key technological areas, including Big Data Analytics, Artificial Intelligence, Blockchain, Cyber Security, Embedded System Security, Sensor Networks, and AR/VR.

Pratik Patel, the Managing Director of Yudiz Solutions, highlighted the importance of the MoU, stating, "The development underscores the company's commitment to staying at the forefront of technological advancements by synergizing with the expertise of Nirma University's Computer Science and Engineering department."

Yudiz Solutions has reported robust financial performance for FY23, with revenue from operations reaching Rs 2,731.45 lakhs, a notable increase from Rs 1,875.98 lakhs in FY22 and Rs 1,282.67 lakhs in FY21. The company recorded a Profit Before Tax (PBT) of Rs 361.66 lakhs for FY23, compared to Rs 116.67 lakhs in FY22 and Rs 80.73 lakhs in FY21. The Earnings Per Share (EPS) for FY23 stood at 7.47, highlighting the company's consistent growth trajectory.

https://www.yudiz.com/newsroom/domestic-ai-firm-announces-mou-in-key-areas-of-big-data-analytics-ai-blockchain-others/

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Ahmedabad, Gujarat -380054

Yudiz: Crafting futuristic solutions via state-of-the-art-technology. A global scale pioneer panning out stellar yet cost-efficient solutions. From Blockchain Apps, Mobile games, & beyond. Unleash future of games with Yudiz Game Studio!

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