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Home»Interviews»Cognida.ai Secures $15 Million Collection A from Nexus Enterprise Companions to Redefine Enterprise AI Adoption
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Cognida.ai Secures $15 Million Collection A from Nexus Enterprise Companions to Redefine Enterprise AI Adoption

Editorial TeamBy Editorial TeamFebruary 6, 2025Updated:February 6, 2025No Comments4 Mins Read
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Cognida.ai Secures  Million Collection A from Nexus Enterprise Companions to Redefine Enterprise AI Adoption
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With confirmed success throughout 30+ enterprises, Cognida.ai’s sensible strategy reduces AI implementation time from 8 months to simply 12 weeks, making AI adoption predictable and worthwhile

Cognida.ai, a pacesetter in sensible AI options for enterprises, immediately introduced the profitable shut of its $15 million Collection A funding spherical, led by Nexus Enterprise Companions. This funding validates Cognida.ai’s distinctive strategy to creating AI implementation sensible and financially impactful for enterprises, demonstrated by way of profitable deployments at over 30 main organizations..

Additionally Learn: Taking Generative AI from Proof of Idea to Manufacturing

Whereas 87% of enterprises spend money on AI, solely 20% efficiently deploy options into manufacturing. We’re uniquely positioned to shut the divide between ambition and virtually integrating AI into on a regular basis enterprise processes. -Feroze Mohammed, Cognida CEO

In a market the place 80% of AI tasks fail and implementation sometimes takes 6-8 months, Cognida.ai has cracked the code on enterprise AI adoption by way of its revolutionary Zunō accelerator platform and industry-specific options, persistently delivering implementations in 10-12 weeks with measurable ROI.

“Clopay’s digital transformation journey has considerably enhanced buyer expertise in our {industry}. As we proceed to harness AI options to remodel our services, Cognida.ai has confirmed to be our trusted accomplice with their sensible strategy to AI implementation,” mentioned A. Vinod, CIO of Clopay. “They create not solely deep AI experience but additionally a powerful understanding of producing operations, knowledge integration, and enterprise processes.”

Remodeling Enterprise AI Implementation

Cognida.ai’s sensible AI strategy has delivered measurable outcomes throughout industries. Examples embody:

  • 70% quicker bill processing with 99% accuracy, streamlining operational effectivity for a number one manufacturing shopper.
  • 45% enchancment in stock forecasting, optimizing SKU stage accuracy enabled by superior ML fashions for a video surveillance tools producer.
  • 5x quicker quote technology in response to RFQs, producing $10M+ in new income with Generative AI.
  • 1% buyer churn discount, saving hundreds of thousands in annual income with ML-powered predictive buyer insights.

“Enterprise AI adoption has reached its tipping level,” mentioned Feroze Mohammed, Founder and CEO of Cognida.ai. “Whereas 87% of enterprises are investing in AI, solely 20% efficiently deploy options into manufacturing. We’re uniquely positioned to shut the divide between ambition and achievement in integrating AI into on a regular basis enterprise processes. We’ve honed the experience, instruments, and supply mannequin wanted to navigate the complexities of AI adoption. This funding validates our strategy of delivering measurable ROI by way of sensible AI options, main the subsequent wave of AI companies corporations.”

Profitable enterprise AI wants a hybrid mannequin combining specialised companies, software program, and a co-creation strategy to deal with real-world integration and compliance challenges. “After we thought of our bold slate of tasks, we would have liked a accomplice with a deep dedication to excellence, sturdy engineering experience, and the power to convey top-tier expertise to our AI, digital engineering, and knowledge initiatives,” mentioned Joe Montalto, COO and CIO of The Phia Group. “Partnering with Cognida.ai has been a wise and productive resolution. Their Zunō platform and co-creation strategy have enabled us to innovate and ship transformative AI options, driving measurable success throughout a number of initiatives.”

Learn: How AI can assist Companies Run Service Centres and Contact Centres at Decrease Prices?

Strategic Funding to scale Cognida.ai’s confirmed mannequin to Sensible AI for the Enterprise

The $15 million funding from Nexus Enterprise Companions, a globally acknowledged enterprise capital agency with a monitor report of backing transformative startups, displays sturdy confidence in Cognida.ai’s imaginative and prescient and execution. The funding will speed up Cognida.ai’s confirmed implementation mannequin by way of:

  • Expanded AI resolution library throughout key industries.
  • Superior improvement of its revolutionary Zunō agentic AI platform, delivering larger effectivity and scalability.
  • Progress of AI implementation groups to satisfy growing demand from enterprises worldwide.
  • Accelerated go-to-market methods in goal enterprise segments to broaden its buyer base.

“AI’s mainstream adoption requires specialised service suppliers who can bridge the hole between cutting-edge capabilities and sensible purposes,” mentioned Anup Gupta, Managing Director at Nexus Enterprise Companions. “We’re impressed with Cognida.ai’s sturdy traction and revolutionary strategy with a transparent give attention to sensible AI options. Their success with enterprise shoppers showcases a capability to ship actual impression, and we’re excited to accomplice with Feroze and the workforce as they scale on this dynamic house.”

[To share your insights with us, please write to psen@itechseries.com]



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