Deepspatial Announces Successful Pilot and Launch of AI Education Platform under India's National Education Initiative
Deepspatial Inc. successfully completes a pilot program and launches an AI educational platform under India's VSK initiative, aimed at transforming the education landscape. The platform is deployed in Meghalaya, enhancing data collection, visualization, and analysis for educational frameworks. The VSK setup includes Deepspatial's AI platform and is inaugurated by the Education Minister of Meghalaya. The platform will be rolled out to other states, reaching millions of students and teachers across India. Deepspatial is committed to continuous innovation and improvement, working on new features to enhance the platform. The company appoints David Goodman as an independent director and issues 960,000 common shares at $0.05 per share under a consulting agreement.
Successful completion of a pilot program and launch of an AI education platform under India's VSK initiative.
Deployment of the platform in Meghalaya to streamline data collection and enhance educational frameworks.
Inauguration of the VSK setup by the Education Minister of Meghalaya, marking a significant milestone in education technology.
Plans to roll out the VSK platform to other states in India, reaching millions of students and teachers.
Continuous innovation and improvement efforts by Deepspatial to enhance the VSK platform.
Appointment of David Goodman as an independent director.
Issuance of 960,000 common shares at $0.05 per share under a consulting agreement, potentially leading to shareholder dilution.
AI Driven Education Delivery: The Launch of the State-Wide AI Educational Platform under VSK post the successful pilot across 26 locations in Meghalaya.
TORONTO, ON / ACCESSWIRE / May 13, 2024 / Deepspatial Inc. (CSE:DSAI)(OTCQB:DSAIF) ("DeepspatialAI" or the "Company"), an outcome-based artificial intelligence company, enabling organizations to enhance their decision-making capabilities by leveraging the power of data and AI, is proud to announce the successful completion of a pilot program and the official launch of its education platform under the Government of India's Vidya Samiksha Kendra (VSK) initiative. This milestone marks a significant achievement in the implementation of the National Education Policy.
Background
The VSK initiative, launched by the Indian Ministry of Education, aims to transform the education landscape in India. Its objectives include real-time monitoring of projects and activities, tracking student enrolment, identifying areas for improvement, enhancing academic performance and accountability, and developing a centralized dashboard to display real-time performance indicators.
Deployment in Meghalaya
Under the VSK initiative, Deepspatial's platform is being deployed in the state of Meghalaya. Our AI-based learning analytics, assessment, and management system is a critical component of the entire VSK setup.
According to an official statement to "The Shillong Times", the VSK centre, which aims to streamline data collection and leverage data visualisations for better understanding of the realities within the state's education frameworks, will now act as a nerve centre for real-time data collection, information management and analysis.
"As an AI-driven learning enhancement and analytics platform, VSK is fed with data from a range of learning processes - attendance, budget and salary, mid-day meals, and student-teacher performance. The platform is uniquely customised for a range of processes including school monitoring, child tracking, rationalisation and accreditation, and driving AI-driven skills assessment and career counseling," the statement said.
VSK setup includes Deepspatial's AI platform along with setup being developed by one of the largest Japanese Multinational Conglomerate which is a Fortune 500 company and among the top 10 companies by market capitalization on NIKKEI index.
Launch Event
The fully integrated VSK setup was inaugurated by the Education Minister of Meghalaya, Shri Rakkam A Sangma, at the DERT Annexe, Malki, Shillong. The event, organized by the Department of Education in collaboration with SEMAM, marks a significant milestone in education technology.
Launching the centre during a programme here, Education Minister Rakkam A Sangma urged the teachers to leverage the system with good faith and a learning approach.
"By having the system in place, we can now track the performance of the Department, institutions, students and teachers more efficiently," Sangma noted. The education minister also informed that the process, despite being challenging initially, will produce rewarding outcomes in the long run.
"The system is designed to understand the reality of the ground situation of our children and our schools. The system is just another technology, unless we contribute to its betterment and for improved changes in our state," Sangma added.1
Rollout Plans
The VSK platform is expected to be rolled out to other states and regions in India in the coming months, with the goal of reaching millions of students and teachers across the country.
Principal Consultant, Project Management Unit, Dany K Lyngdoh informed that the VSK was conceptualised, procured and monitored entirely by the Education department. "This accomplishment has garnered appreciation from the NCERT, which has prompted other states and consultants to explore/consult the Meghalaya model," stated Lyngdoh.2
NCERT is the National Council of Educational Research and Training, an autonomous organization setup by the Government of India to assist and advise the Central and State Governments on policies and programmes for qualitative improvement in school education.
Future Developments
Deepspatial is committed to continuous innovation and improvement and is already working on new features and functionality to further enhance the VSK platform.
"We are thrilled to see the successful launch of the VSK platform, which is a testament to the power of collaboration and innovation in education," said Dr. Rahul Kushwah, CEO of Deepspatial. "Our platform is designed to empower teachers, engage students, and improve learning outcomes. We are proud to be a part of this important initiative and look forward to continuing to work with our partners to make a positive impact on the lives of students and teachers across India."
The company is also pleased to announce the appointment of David Goodman as an independent director.
Pursuant to a consulting agreement, the Company will be issuing 960,000 common shares to a consultant at an issue price of
About Deepspatial Inc.
Deepspatial is an outcome based artificial intelligence company, enabling organizations to enhance their decision-making capabilities by leveraging the power of data and AI. From finding the most efficient supply chain routes to knowing where to develop next, Deepspatial'sAI-driven platform enables its clients to visualize what's going on, predict what's coming, analyze data, and optimize processes to make smarter decisions for a better future. For more information, visit www.Deepspatial.ai and follow us on Twitter, Instagram or LinkedIn.
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Contacts
For more information, please contact:
Investor Relations
Corey Matthews
Investors@deepspatial.ai
Chief Exeuctive Officer
Dr. Rahul Kushwah
Rahul@deepspatial.ai
Tel: (877) 475-1538
SOURCE: DeepSpatial Inc.
View the original press release on accesswire.com
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