In a chief global development that signals a brand new generation in enterprise AI, Hyderabad-based Covasant technologies Pvt. Ltd. Has announced a strategic merger with two leading US companies-konaai (Texas) and dcube information Sciences agency (California).
The merger pursuits to revolutionize organization danger control (ERM) through leveraging Agentic AI talents.
Covasant, regarded as a growing pressure in Agentic AI, will integrate konaai's AI-powered compliance tools and dcube's cybersecurity and ediscovery know-how to provide a strong, cease-to-cease suite of AI-led governance and chance answers for organisations across sectors.
The newly mixed entity will provide a unified offerings-as-software model that merges clever automation, predictive analytics, and information orchestration to empower clients with actual-time, information-driven choice-making capabilities. This move aligns with Covasant's mission to embed AI deeply into organisation operations, unlocking measurable business cost at the same time as navigating complicated compliance and cybersecurity landscapes.
At the helm of Covasant is CV subramanyam, a serial entrepreneur high-quality known for founding Cigniti technology and scaling it right into a international leader in virtual assurance. With this merger, subramanyam units the stage for Covasant to emerge as a worldwide leader in Agentic AI.
"Our imaginative and prescient is to transport some distance beyond automation-embedding AI into the very fabric of agency choice-making. This merger with konaai and dcube accelerates our journey to make that imaginative and prescient a reality," said subramanyam, Chairman and coping with Director, Covasant technology. Joining him in management is Anil Kona, founding father of konaai and dcube, who will serve as Covasant's leader operating Officer and govt Director.
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