ITSM Company Finishes 2018 Strong with New Hires, New Regions and Industry Accolades
LOS ALTOS, Calif. – Dec. 12, 2018 – Symphony SummitAI announced today that it has made significant investments in the North American market in 2018. This includes strategic moves and hires to increase the company’s presence and awareness in key regions.
Symphony SummitAI offers SummitAI, a modular suite of cloud-based solutions for service, asset and operations management that can be used individually or together. These solutions use machine reasoning, natural language processing and automation to help enterprises and service providers streamline IT management and eliminate inefficiencies.
Important Symphony SummitAI developments in 2018 include:
- Selected as a 2018 Gartner Peer Insights Customers’ Choice for ITSM
- Named a Vendor to Watch by Enterprise Management Associates
- Opened a new office in Los Altos, California
- Relocated CEO Satyen Vyas from India to the U.S. to help drive growth and oversee operations in country
- Hired Dr. Akhil Sahai as chief product officer. Dr. Sahai is an accomplished executive with more than 20 years of experience in managing both startups and high-growth enterprises, including previous positions held with Dell, HP, LexisNexis, Cisco and VMware.
Satyen Vyas, CEO, Symphony SummitAI, said: “Enterprises are seeking cost-effective IT management solutions to drive digital business outcomes. Our solution incorporates artificial intelligence and machine reasoning to help CIOs drive productivity, reduce costs and accelerate business outcomes. 2018 has been a watershed year for us as we expand further into the U.S., setting us up for even greater growth and market penetration.”
About Symphony SummitAI
Symphony SummitAI is a portfolio company of SymphonyAI. SymphonyAI is a group of companies that provide leading AI-centric solutions for transforming the business enterprise by driving revenue growth and operational excellence, for the retail, consumer packaged goods, healthcare and industrial verticals, and for finance, IT and other key enterprise horizontal functions. Founded by Dr. Romesh Wadhwani, SymphonyAI is one of the fastest growing companies in the business-to-business AI solutions sector with revenue this year of $275 million and 1,500 employees.
Symphony SummitAI’s flagship product, SummitAI, is an advanced, modular solution certified by ITIL and Pink Verify. SummitAI unifies service management, asset management, and operations management in a single, easy-to-use offering. Enterprises and service providers use SummitAI to dramatically reduce cost and complexity of their IT management while improving efficiency, productivity, predictability and control. Leading enterprises across business, financial services, insurance, healthcare, IT and consulting, automobile, manufacturing, aviation and education verticals are delivering better user experience while lowering the cost of managing their IT using Symphony SummitAI. Website: www.symphonysummit.com
Jessica M. Pasko
Nadel Phelan, Inc.
About Symphony SummitAI
Symphony SummitAI’s advanced, modular solution unifies service management, asset management, and operations management into a single, easy-to-use platform. Enterprises and service providers use SummitAI to dramatically reduce the cost and complexity of their IT management while improving efficiency, productivity, predictability, and control. Leading enterprises across financial services, healthcare, manufacturing, education, and many more verticals are delivering exceptional user experiences while lowering their IT costs using Symphony SummitAI. Symphony SummitAI is a portfolio company of SymphonyAI.
SymphonyAI is building the leading enterprise AI company for the digital transformation of the business enterprise, across the most important and resilient growth verticals, including life sciences, healthcare, retail, consumer packaged goods, financial services, manufacturing, and media. In each of these verticals, SAI businesses have many of the leading enterprises as clients. SAI is backed by a $1 billion commitment from Dr. Romesh Wadhwani, a successful entrepreneur and philanthropist. Since its founding in 2017, SymphonyAI has grown rapidly to a combined revenue run rate of more than $300 million and over 2,200 talented leaders, data scientists, and other professionals.