Aarif Nakhooda joins Skkynet: a game changer for industrial AI innovation

On January 14, 2025, in Mississauga, Ontario, Skkynet Cloud Systems, Inc., a leading company in real-time data communication technology for industrial systems, announced the appointment of Aarif Nakhooda to its Advisory Board. Nakhooda, who is recognized as an expert in artificial intelligence, industrial automation, and finance, brings over 25 years of experience from various prominent organizations, including his role as CFO of Amazon Singapore and his current position at CoreAI and Keystone AI. This strategic move comes at a time when Skkynet aims to strengthen its competitive position in the rapidly growing industrial AI sector, which requires expertise in merging technology with business strategies. With Nakhooda’s extensive background in financing technology ventures and experience in leading large-scale AI implementations, he is expected to guide Skkynet by navigating financial complexities and aiding in identifying new growth opportunities. His involvement reinforces Skkynet’s commitment to not only leading in industrial AI but also ensuring that they remain adaptive to technological advancements. Paul Thomas, President of Skkynet, articulated that Nakhooda’s breadth of knowledge in AI and finance would empower the company to secure strategic partnerships, ultimately delivering long-term value to stakeholders. Through this collaboration, Skkynet aims to position itself as a frontrunner in advancing Industry 4.0 and exploring opportunities in the field of industrial automation. The addition of a seasoned expert such as Nakhooda to the board is a pivotal aspect of Skkynet's efforts to keep pace with the industry's evolution. The industrial AI market is fast-paced, with numerous advancements and competitive players emerging. Skkynet's leadership believes that bringing on board individuals with a deep understanding of both technical and financial perspectives will enhance their capacity to innovate and drive growth. Nakhooda’s role will involve not only strategic guidance but also based insights into investment strategies, mergers, and acquisitions that may redefine their operational capabilities in this domain. In summary, Skkynet’s choice to enlist Nakhooda reflects its proactive approach to ensuring that they possess not just the technological prowess but also the financial insight required to capture and sustain business growth in the challenging landscape of industrial AI. It is a testament to their vision for a future where AI plays a pivotal role in automation and operational efficiency across industries.