Prime View The 10 Most Emerging Startups of 2018 | Page 36

TARDID TECHNOLOGIES Expands Analytics Offerings with Power of AI The motive behind forming the company, was to find and deliver the actual benefits of analytics to the end customer as well as comprehend the challenges of the real world, to offer a solution which made a significant difference. The name given to the company “Tardid”, is an acronym for “Time And Relative Dimension In Data”, which in knowing sparks large amounts of interests and opens vast fields for research and discoveries. Knowing which technology to develop beforehand was the stepping stone for the company. The idea to start off a company hit in 2014. But a formal incorporation of Tardid commenced in May 2016, which bootstrapped till Nov 17, post which they were looking for first angel funding. Hitherto, the company has successfully accomplished all the POCs and gradually shifted to projects. The company has thrived with its industrious and innovative team members who were burning the midnight oil to make Tardid, a Technology Product company of India. Pushing the boundaries of AI As a famous person quoted, “We can’t solve a problem with the same type of thinking used while creating them”. In earlier days, industrial maintenance was confined to repairing and companies used to watch and analyse data until a problem showed up - this wasn’t cheap, as it resulted in Unplanned MR. NILADRI DUTTA Downtime and catastrophic events. CEO But, Tardid took an initiative and started exploring the under explored areas of structural and machine science. The company is using the power of Artificial Intelligence to prescribe and predict Structural & Machine Failures. It has developed a digital twin which combines quantum deep neural network and cognitive computing, to detect and identify the complex aging issues these assets face and help the industry to understand the remaining useful life of these assets and most importantly predict the “Time to Fail”. Brain behind Tardid Tardid is the brainchild of Mr. Niladri Dutta, fondly addressed as Neel. He is the “Architect” of Brainbox, which is the company’s Artificial Intelligence Platform. A complete technology fanatic, he leads from the front for the entire Technology Development and is involved at every single level possible. His energy rubs on the entire team and keeps the team motivated through every project, decision, venture, success and failures. He along with Ms. Aastha Verma, the co-founder, conceptualized Tardid and they ensure to keep the vision of Tardid razor sharp every single day. In the last 20 years, Neel has worn many different hats, starting as a protocol stack person to becoming the business head leading his past organizations to global successes. Awards and Achievements Tardid has been fortunate to have received recognition from various different communities. Some of the notable achievements are: Finalist $1 Million Global Startup Challenge at Vizag Fintech Festival 2018 Gold Medalist in OSHAI Innovative Startup Product Award by OSHAI 3rd Annual HSE Excellence & Sustainability Award 2018 Winner Innocity Pitch Contest 2018 by IIMA Finalist Open Innovation Challenge 7.0 by NTT Data 36