Symphony SummitAI forecasts rise of AI-driven automation, Enterprise Service Management in 2019
LOS ALTOS, Calif. – Dec. 20, 2018 – IT management has undergone dramatic changes in the past few years but as a whole, there are still significant areas in need of improvement. The industry experts at Symphony SummitAI have identified three dominant trends that will transform service management.
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Today’s CIOs and senior IT leaders are seeking to transform their digital workplaces to maintain a competitive edge and lead in their markets. To drive business outcomes, enterprises are seeking cost-effective IT management solutions that enable greater customer experiences, increase the speed of execution, boost productivity and accelerate new products and services.
As a result, these three trends will dominate 2019:
- Artificial intelligence (AI) and automation will be game changers: Applied correctly, these innovations can be used to automate mundane tasks, freeing up IT service employees to focus instead on bigger and more important issues while also providing employees 24/7 IT services.
- Complexity and scale will continue: With hybrid cloud adoption and new middleware architecture components, complexity is a trend that will continue to accelerate. IT management solutions will need to treat this as the new reality.
- The move towards enterprise service management: Many companies are already starting to move away from the traditional siloed approach and look to how one solution can be used across multiple functions and divisions, including IT management, human resources, legal, procurement, and finance, among others. This trend will continue to accelerate.
Satyen Vyas, CEO, Symphony SummitAI, said: “The rise of emerging technologies like AI and Machine Reasoning is bringing the era of cumbersome and convoluted IT management to an end. As 2018 comes to a close, we at Symphony SummitAI look forward to seeing more companies re-imagine their service management processes to improve efficiency, increase productivity and reduce overall costs.”
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.