Aarif Nakhooda Joins Skkynet Advisory Board to Drive Innovation in Industrial AI
Nakhooda brings over 25 years of financial, commercial and operational experience with rapidly growing companies, including Amazon.
Toronto, Ontario, January 14, 2025 – Skkynet Cloud Systems, Inc. (“Skkynet” or “the Company”) (OTCQB: SKKY) a global leader in real-time data communications technology for industrial systems, is pleased to announce the appointment of Aarif Nakhooda to its Advisory Board. Nakhooda, an internationally recognized expert in artificial intelligence (AI), industrial automation and finance, brings decades of multidisciplinary experience to Skkynet’s leadership team. Nakhooda is currently the CFO of CoreAI and Customer Success at Keystone AI and has previously held the position of CFO of Amazon Singapore.
With the increasing demand for smarter, more efficient industrial AI solutions, Skkynet’s real-time communication technologies are transforming the way industries connect and manage critical systems. Nakhooda’s expertise will help Skkynet maintain its competitive edge in this fast-evolving sector and capitalize on emerging opportunities.
“I am thrilled to join Skkynet’s Advisory Board at such an exciting time in the industrial AI space,” said Nakhooda. “Skkynet has terrific growth potential; it is uniquely positioned to empower industries with real-time, reliable, and secure data communication technologies that bridge the gap between operational technology and advanced AI solutions. I look forward to lending my experience to support Skkynet’s strategic initiatives and growth in this rapidly evolving market.”
Nakhooda has held senior leadership roles in both the technology and financial sectors, such as Amazon and E&Y, giving him a rare ability to combine technical expertise with business acumen. His extensive background includes leading large-scale AI implementations such as developing and deploying AI technologies for predictive maintenance, process optimization, autonomous operations, and advising organizations on strategic investment decisions to unlock new value streams. His ability to assess financial risks and opportunities within cutting-edge industries like industrial automation will help Skkynet optimize its business strategies and attract investment to scale its operations.
“Aarif’s deep understanding of AI, industrial systems, and finance is a powerful combination that will bring immense value to Skkynet,” said Paul Thomas, President of Skkynet. “As we look to expand our presence in the growing industrial AI market, Aarif’s financial and AI expertise will enhance our ability to identify growth opportunities, secure strategic partnerships, and deliver long-term value for our stakeholders.”
Nakhooda’s finance experience includes spearheading investment strategies for technology ventures and advising companies on mergers and acquisitions within the industrial and AI domains. His insights will guide Skkynet in navigating financial complexities and accelerating its path toward becoming a leader in Industry 4.0 and industrial AI.
Skkynet’s solutions are widely recognized for their ability to securely connect industrial systems without exposing sensitive data to external networks, making them a trusted partner for businesses navigating the challenges of Industry 4.0. The addition of Nakhooda to the Advisory Board reinforces the company’s commitment to staying at the forefront of technological advancements in industrial AI, digital transformation, and financial growth.
To learn more about Skkynet’s approach, please visit https://skkynet.com/industrial-ai/
About Skkynet
Skkynet Cloud Systems, Inc. (OTCQB: SKKY) is a global leader and innovator in real-time information systems. Skkynet’s leading-edge platform includes the award-winning Cogent DataHub™ software, Cogent DataHub service on Microsoft Azure, and Embedded Toolkit (ETK) software. The platform enables real-time data connectivity for industrial, embedded, and financial systems, with no programming required. Skkynet’s platform is uniquely positioned for Industrial AI and Internet of Things (IIoT) ecosystems because unlike the traditional approach for networked systems, Skkynet offers a secure-by-design solution to real-time data access.
