SID Global Solutions Launches Unified Platform for AI, API Integration in BFSI Industry
- ByStartupStory | February 6, 2025
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Digital transformation leader SID Global Solutions launched a patented unified digital platform to help customers in the banking, finance, services and insurance (BFSI) industry innovate and scale their businesses with artificial intelligence (AI).
Launched at the 3rd edition of the Bharat Fintech Summit 2025, SAMi is an integrated portal that brings together the power of AI, application programming interfaces (APIs) and owner digital solutions to provide businesses with connectivity, robust security and an intelligent monetisation platform.
It can be seamlessly plugged into a business to simplify AI and API adoption and in turn reduce time-to-market, increase revenue and enhance compliance and security.
“India’s fintech ecosystem is poised for exponential growth, especially with the power of AI. SAMi is designed to help businesses in the BFSI industry seamlessly integrate AI and APIs to scale up, enhance their offerings and optimize their revenues. SID Global Solutions is committed to enabling enterprises to thrive in a digital-first era,” said Venkat M CEO, SID Global Solution
Even as the global API management and marketplace grows, the digital solutions and APIs are often fragmented. With this market expected to grow from $9.07 billion in 2024 to $169.33 billion by 2034, at a CAGR of 34%, SAMi can help businesses leapfrog towards the future through simplified integration. Based on current API management trends, SAMi expects to capture 0.5% of this market by 2034 to have $846 million in potential revenue.
SID Global further plans to expand into specific verticals like fintech, retail and healthcare to further boost revenues.
The patented platform addresses key business challenges by eliminating the complexity of API and AI integration. The in-built AI-powered API accelerator speeds up launch, creation and deployment of digital products. It unlocks new revenue streams for API integration while maintaining enterprise-grade security and compliance.
“With SAMi, we have made it simpler and faster for companies to integrate and manage APIs and adopt AI for better results, all while maintaining the highest standards of security and regulatory compliance,” said Saurabh Pandit.Sr Director, SID Global
By leveraging Google Cloud, SAMi delivers scalability, security and reliability to empower businesses to thrive in a highly competitive market. The platform is available for a live demonstration at the Bharat Fintech Summit, which brings together fintech innovators, financial institutions and experts from the BFSI industry.
With over 20 years of experience, SID Global Solutions is a leading AI-driven digital transformation enabler. It works across industries such as retail, banking and finance, telecommunications, public services, transport and logistics, real estate, healthcare and education. Since its inception in 2006, the company has delivered 250+ digital transformation projects for businesses worldwide.
About SID Global Solutions
SID Global Solutions is a leading digital transformation company specializing in AI-driven automation, API integration, and enterprise technology solutions. With a mission to accelerate digital innovation, SID Global Solutions partners with global enterprises to deliver cutting-edge platforms that enhance efficiency, security, and revenue growth.