With AI/ML technologies, Vehant Technologies is helping Government & Industry adapt to the 'new normal'

Founded in India, Vehant Technologies provides AI/ML-based physical security, surveillance, and traffic monitoring solutions to companies worldwide. As a result of the pandemic, it is developing enterprise solutions related to COVID-19 detection and prevention, such as thermal temperature monitoring, disinfection, and face mask compliance.

Vehant Technologies’ co-founder and CEO, Kapil Bardeja, doesn’t mince words when asked about how his company has performed in the last two years, especially since the pandemic hit the country. “Like other companies, we too are still facing unprecedented challenges due to business disruptions caused by the pandemic.

Vehant has been quick to adapt and introduce newer technologies that can help the Government and industries face the ‘new normal’. “For example, we are trying to overcome the revenue gap by developing new Covid detection and prevention products like FebriEye, the thermal temperature monitoring system, Kritiscan, the ultraviolet-based disinfection system, Covid Analytics for detection of face mask compliance and the like,” adds the CEO.

Moreover, Vehant is well on its way to expanding its presence in Europe, the Middle East, and Asia, and continues to grow its existing and new business verticals. In this interview with the JR, Bardeja dives into the business and industry landscape to share his views on the growth of the IT industry, the move towards digital transformation, and his own company’s growth trajectory in the coming years.

Give us an insight into Vehant Technologies’ market presence and current practice areas. Security screening solutions, which include an array of indigenously developed products ranging from Vehicle Scanning Systems, X-ray Baggage Scanners, Explosive Trace Detectors, and Automated Number Plate Recognition Systems

Smart & Safe City Solutions such as Traffic Enforcement Systems (red light violation, speed detection, no helmet detection & triple riding violation), and Traffic Management Systems (such as vehicle detection cameras, automated number plate recognition system, and the like. We currently export our products to over 12 countries and we have recently established an R&D center and manufacturing facility under our European subsidiary, Vehant Technologies BV, in the Netherlands. 

The pandemic and associated challenges like working from home/anywhere have expedited digital adoption in a big way and have renewed the collective interest in data science, artificial intelligence, and machine learning. The reason why other industries are facing hiring free and mass layoffs while the IT/ ITeS segment is continuing to to grow is because it has been undergoing rapid digitization.

One can say that the pandemic has widened the scope and understanding of these new technologies. What steps has Vehant taken towards digital transformation, and how is it impacting your business and customers?

The pandemic has forced us to rethink the way our entire organization functions and has also taught us to shift from traditional working models to a more digital-friendly one. As most of our employees were working from home, investing in a digital workplace model was critical to continue providing the service we are known for.

On the customer side, since in-person meetings were a challenge, we had to identify new ways to reach out to them with our offerings. For example, we did online demos instead of physical ones, we had a live, 24*7 working set up in the office for digital demos and the like.

For example, in the smart city sector, we can see the mass adoption of automated traffic monitoring systems which use AI/ML algorithms and automated camera systems to detect traffic violations and generate tickets. 

We intend to continue our position as a market leader in our Under Vehicle Scanning System (UVSS) range of products and grow our market share to around 30% in the X-ray business while adding new X-ray scanning use cases for people and vehicles.

We also intend to expand to Europe, the Middle East, and Southeast Asia for security screening and smart & safe city business, add new use cases in the smart city and private AI-based analytics space, and retain market share in the smart and safe city portfolio.

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