May 4, 2023
1 min read

Australia’s Annalise.ai enters India

The Annalise India Centre will become a part of this international network and concentrate on the development and marketing of new products…reports Asian Lite News

Australia’s Annalise.ai, an artificial intelligence (AI) radiology company has entered India with its first centre here, the company said.

Annalise.ai combines imaging data with the best in computer science to produce comprehensive AI clinical decision support solutions, empowering clinicians to make accurate, faster decisions.

The Annalise India Centre will become a part of this international network and concentrate on the development and marketing of new products.

The Australian company is present in the USA, UK, Europe and Asia.

“It makes perfect sense for Annalise.ai to have a presence in what is rapidly developing as a prominent medical device region. India is one of the fastest growing medical device markets globally and represents a very exciting opportunity,” Lakshmi Gudapakkam, CEO said.

He added: “This is also a chance to make use of the diverse talent pool that makes India a technological hub and accelerate development of new AI applications.”

Annalise.ai currently plans to hire across product development including software engineers, product managers and regulatory, as well as to expand the commercial and business services teams.

While spending on AI in India is anticipated to reach $11.78 billion in 2025 and add $1 trillion to the country’s economy by 2035, AI can offer more than just financial advantages. The World Economic Forum estimates that India has 64 doctors per 100,000 people, which has an influence on access to care, especially in rural areas. Access to care can be increased and made more egalitarian with AI- enabled medical technology, the company said.

ALSO READ: Hackers offering crypto accounts for $30 on darknet

Previous Story

Strategic diplomacy elevates India’s global status

Next Story

MobiKwik’s gears up for 2X growth

Latest from Business

India’s E&M Sector Enters a New Growth Phase

India’s cinema market is multilingual, and many regional industries are now rivalling Hindi output in volume and box-office share … writes Rafeek Ravuther The Indian film sector is undergoing a meaningful transformation.

SBI Simplifying KYC Process

SBI’s research arm noted that the RBI’s decision to maintain the policy rate reflects a balanced approach amid global uncertainties, supported by stable liquidity and external conditions State Bank of India (SBI)

UPI Powers Digital Revolution

New innovations such as LiteX (offline payments), tap-and-pay, credit card integration, UPI Autopay, and UPI for IPO subscriptions are pushing the platform from a payment tool to a full-fledged embedded finance ecosystem Unified

RBI Holds Rates, Boosts Outlook

One of the most significant announcements was the upward revision of India’s GDP growth forecast for FY 2025–26—from 6.5% to 6.8% In a move reflecting cautious optimism, the Reserve Bank of India
Go toTop

Don't Miss

India’s fuel aid reaches Lanka

The latest gesture of help come days after India sent

How Adani Ports Unlocked India’s Seaport Growth

Over the years, APSEZ has evolved into a provider of