Skkynet Cloud Systems, Inc. has announced a C$2.6 million project to accelerate the development of secure Industrial Artificial Intelligence technologies, with partial funding of C$1.04 million from the Government of Canada through the Federal Economic Development Agency for Southern Ontario. The initiative focuses on enhancing Skkynet's proprietary Cogent DataHub® data intelligence platform to meet growing demand for AI in industrial automation while maintaining security protocols. This project represents a significant step in bridging the gap between industrial operations and advanced AI capabilities while maintaining the security standards required in critical infrastructure.
The project was highlighted during a public announcement by the Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for FedDev Ontario. Minister Solomon emphasized that Southern Ontario is home to a thriving tech ecosystem and Skkynet is a great example of the innovation happening right here in our community. By helping companies like Skkynet scale their AI capabilities, we are strengthening our local economy and securing Canada's place as a leader in the industrial software market. Additional details about the Federal Economic Development Agency for Southern Ontario can be found at https://feddev-ontario.canada.ca.
According to company executives, the investment will support the development of secure, real-time data bridges that allow industrial operators to feed training data to AI models and execute AI-driven control logic without exposing critical operational networks to security risks. This addresses a fundamental challenge in industrial AI adoption where security concerns have often hindered implementation. Gary Tillery, CEO of Skkynet, stated that today's announcement marks a major milestone for Skkynet and Canada's industrial AI ecosystem and that the support will help expedite delivery of AI capabilities that help industries optimize operations and improve efficiency.
The project will expand Skkynet's engineering team and accelerate commercialization of next-generation Industrial AI solutions tailored for complex industrial environments where security is paramount. Paul Thomas, President of Skkynet, emphasized that this contribution will allow Skkynet to fast-track critical developments in our technology, ensuring that industrial clients can adopt AI solutions securely and effectively. The company also acknowledged strategic guidance from Aarif Nakhooda, CFO of CoreAI and Customer Success at Keystone AI, whose expertise in artificial intelligence frameworks helped refine the project's scope to address modern industrial demands.
The development of secure data bridges could potentially transform how industries implement AI-driven automation, allowing for real-time optimization without compromising network security. This initiative is particularly important as industries increasingly seek to leverage AI technologies while maintaining robust security protocols for their critical infrastructure. For more information about Skkynet and its Industrial AI initiatives, visit https://skkynet.ai.
