The fast-moving world has fascinated the new technology as AI is continuing to take over the Industrial Automation Sector. Prateek Shukla a pioneer Techpreneur, Author and Speaker created a highly acclaimed brand, ‘Altorum Leren’. He was awarded the “Young Entrepreneur Award ” by Indian Achievers’ Forum in 2020.
Along with his co-founder, Sandeep, Prateek had always been keen on working in the IoT domain as Artificial Intelligence was one of the key domains, they both wanted to work upon. The name of the company has a profound brainstorming activity behind it. Altorum Leren where Altorum means “Deep” and Leren means “Learning” and Deep Learning is a branch of Artificial Intelligence. With the increasing demand of IoT in the market, they came up with an idea to develop a solution. The solution lies in Industry Agnostic and with the use of AI to predict and prevent failures of key assets of an Industry thus helping the company/industry to increase their efficiency and profitability.
Incepted in the year 2017, Altorum Leren is working in the Industrial Automation sector with the help of IoT, i.e – Internet of Things.
Altorum Leren’s IoT platform. ‘Alfinity’ is a cost-efficient subscription-based model which helps early benefit realization and enables the client to work on ‘fail fast’ strategy for early course correction resulting in increase of Return on Investment and leverages the power of open source either to use our products or our services.
It has a USP of managing various necessities from products to insightful and coherent data for analysis regardless of client’s industry.
Since the beginning, Altorum Leren has bootstrapped itself and generated revenue with its Pan India clientele in both Private and the Government sector. It has widened its horizons to the US and UK too.
The resources have changed the way the company has taken its present state. From the industrious efforts of two individuals, it has turned to a team of more than 40 + resources working full time with Altorum Leren. The last year financial statements reflect the promising turnover of the company which is close to 3 crores.
To know more about the company and its founder visit @
https://www.linkedin.com/altorumleren
