Kognitos launched its groundbreaking neurosymbolic AI platform, the industry's first to
uniquely combine the reasoning of symbolic logic with the learning power of
modern AI. This unified platform empowers enterprises to address hundreds of
business automation use cases, consolidate their AI tools and reduce technology
sprawl. Kognitos uniquely transforms tribal and system knowledge into
documented, automated processes, establishing a new, dynamic system of record
for business operations. Using English as code, businesses can achieve
automation in minutes with pre-configured workflows and a free community edition.
Kognitos is addressing the immense enterprise automation market, a sector
valued in the hundreds of billions of dollars within the broader
hyperautomation space projected to be worth over a trillion dollars. The company is already
demonstrating significant momentum, automating hundreds of business processes
in large enterprises across manufacturing, CPG, retail, logistics and
telecommunications.
"With Kognitos, we're automating processes we thought were out of reach,
thanks to hallucination-free AI and natural language capabilities," said
customer Christina Jalaly at Boost Mobile. "The agility and speed to value are
game-changing, consistently delivering roughly 23x ROI and tangible results.
Kognitos is a key partner in transforming our operations."
Kognitos also addresses
complex "long tail" automation challenges. Its patented Process
Refinement Engine keeps documented automation current and optimized using AI.
This shrinks the automation lifecycle, where testing, deployment, monitoring and
changes are all English-based and AI-accelerated.
Fueling its mission,
platform development, and market expansion into banking and healthcare
verticals, Kognitos also announced its $25 million series B funding
round. The round was led by Prosperity7 Ventures, with Khosla Ventures, Wipro
Ventures, Engineering Capital, Dentsu Ventures and Alumni Ventures joining the
round. This investment will accelerate product development and market
expansion, and further empower businesses to revolutionize their back-office
operations.
Binny Gill, CEO of
Kognitos, said, "The era of brittle automation and unpredictable AI is
over. Kognitos delivers powerful, non-hallucinating AI agents on a reliable
platform that understand your business, document its operations, and
meticulously follow processes - giving you true command. We're helping
businesses establish the transparent, ever-improving system of record for how
work gets done, all powered by English as code for the governance and
explainability enterprises demand."
Key Kognitos
differentiators include:
- Unified platform, broad use cases, reduced tool sprawl: A
single platform automates diverse back-office processes, allowing
expansion across use cases. This eliminates multiple specialized AI tools
and pilots, enabling tech stack consolidation.
- Support for any structured and unstructured data
types: These include structured data
in databases and hundreds of enterprise applications, and unstructured
data in emails, documents, voice mails, texts and images.
- Comprehensive
AI governance:
- Neurosymbolic
AI with no hallucinations: A cutting-edge
neurosymbolic architecture ensures processes are followed precisely,
eliminating AI hallucinations by design and providing robust AI
governance and control.
- Guidance
Center: Any exception or
deviation from standard process pulls in human guidance which is learned
for process refinement.
- English
as code to bring IT and business on the same page: Extracts
tribal and system knowledge into documented, automated workflows,
creating a dynamic system of record for business operations with full
auditability and explainability.
- Patented
Process Refinement Engine: By learning from human
interactions, Kognitos continually updates automated processes, ensuring
the system of record stays accurate and aligned with business evolution.
Key innovations launched
today include:
- The Kognitos Platform Community Edition: Sign up today to
take an idea to automation in five minutes using English as code, with no
drag-and-drop.
- Hundreds
of pre-built workflows: Deploy or customize
ready-to-use workflows for finance, legal, HR, operations and more.
- Built-in
document and Excel processing: The most advanced
document and Excel processing capabilities built into the AI platform.
- Automatic
agent regression testing: A built-in agent test
suite in the Process Refinement Engine speeds up process changes with
confidence, keeping automations current to business needs.
- Browser
use: Browser automation for easy legacy app
integration, ensuring interoperability without APIs.
Abhishek Shukla, managing
director at Prosperity7 Ventures, said, "What Kognitos is doing with their
neuro-symbolic AI is a genuine breakthrough. Enterprises desperately need
reliable automation that doesn't hallucinate, and that's precisely why Prosperity7
Ventures invested. The way their platform consolidates AI capabilities in the
hands of business users while building a living, governable system of record
for business processes will transform how businesses operate for the
better."
Kognitos promises 10x
lower maintenance costs and 10x faster time to value, enabling rapid automation
of business processes with oversight from humans.