Blue Cloud Softech Share Price Rises 19.09%; Signs $15 Million MoU with Byte Eclipse

Blue Cloud Softech Solutions Limited (BCSSL) has entered into a $15 million Memorandum of Understanding (MoU) with Byte Eclipse, a US-based IoT company, to jointly design and develop advanced Edge AI chips tailored for the Oil & Gas (O&G) industry.

This strategic collaboration highlights BCSSL’s focus on providing innovative, cost-efficient, and technology-driven solutions to modernise industrial operations. The first phase of the project, valued at $15 million, is expected to be completed within 18 months, with further phases planned to expand deployment globally.

Key Collaboration Highlights

The partnership aims to revolutionise operational efficiency and safety in the O&G industry through advanced AI integration at the edge. The Edge AI chips will enable real-time analytics by processing vast amounts of sensor data locally, offering instant insights into temperature, vibration, and pressure. This allows for immediate anomaly detection, predictive maintenance, and automated response systems that minimise downtime.

Additionally, the chips are designed for autonomous functioning, even in remote or low-connectivity environments such as offshore rigs and pipeline networks. By processing data on-site and transmitting only essential insights to the cloud, the solution will reduce bandwidth use, cut operational costs, and enhance data security by keeping sensitive information local.

Technical Vision and Capabilities

The upcoming Edge AI chips will integrate advanced technologies such as ASICs, FPGAs, and specialised processors. These components will enable the chips to perform Tera Operations Per Second (TOPS), ensuring real-time AI inference and decision-making. Energy efficiency will be a key design focus, making the chips suitable for battery or solar-powered setups in remote O&G locations. 

The rugged design will allow them to endure extreme environmental conditions, while seamless integration with existing SCADA and PLC systems ensures compatibility with current industrial frameworks.

Market Outlook and Industry Potential

According to TRAI and Statista, the global Edge AI market is expanding rapidly, with India’s Industrial AIoT segment projected to exceed $1 billion by 2027.

Growing adoption of AI and IoT in sectors like Oil & Gas presents significant opportunities for innovation. BCSSL’s collaboration with Byte Eclipse positions it at the forefront of this transformation, reinforcing its role as a key player in industrial AIoT solutions.

Blue Cloud Softech Solutions Share Price Performance

On October 29, 2025, Blue Cloud Softech share price opened at ₹25.24, up from its previous close of ₹23.89. At 12:15 PM, the share price of Blue Cloud Softech was trading at ₹28.45, up by 19.09% on the BSE.

Also Read: NVIDIA to Invest $1 Billion in Nokia for 2.9% Stake!

Conclusion

The partnership between Blue Cloud Softech and Byte Eclipse marks a major milestone in advancing intelligent automation within the Oil & Gas sector. By merging AI, IoT, and edge computing, this initiative promises to enhance operational efficiency, data security, and sustainability, setting a new benchmark for industrial innovation in India and beyond.

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