Kognitos, a leader in AI automation for business operations, 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.”
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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 now 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 neurosymbolic 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.
Source: Businesswire