INDIA: Enterprises frequently grapple with the complexities of manual data collection, harmonization, and processing, especially in the realm of big data. Ongil.ai addresses these challenges, utilizing artificial intelligence (AI) to significantly reduce operational costs and enhance competitiveness by expediting processes that traditionally consumed days.
Ongil.ai, a pioneering analytics platform specializing in AI-informed decision-making, is reshaping the landscape of enterprise data operations. With its innovative instant messaging tool, the platform is empowering senior management across diverse industries to streamline analytics tasks, ranging from data collection to actionable insights.
Founder of Ongil.ai, Ajith Sahasranamam, emphasizes that the integration of AI has revolutionized labor-intensive tasks, making them achievable within minutes. Headquartered in Chennai, Ongil.ai delivers AI-driven solutions tailored for dynamic business processes and agile, data-informed decision-making.
The platform’s instant messaging tool boasts a remarkable claim of accelerating analytics tasks by up to 95%, harnessing real-time visualization and predictive analytics. Since its establishment in 2017, Ongil.ai has secured approximately $400,000 in funding from prominent angel investors, including Lakshmi Narayanan, former Vice-Chairman and CEO of Cognizant.
Sahasranamam underscores the current reliance of AI frameworks on extensive data and computational resources, often favoring large technology corporations. Ongil.ai is committed to democratizing AI, aiming to decrease dependence on computational power. The platform incorporates advanced techniques such as predictive analysis, anomaly detection, and what-if analysis, utilizing natural language processing, deep learning, and optimization algorithms.
Establishing partnerships with renowned enterprises like Unilever, 3M, ABInbev, and Hello Travel, Ongil.ai reports significant enhancements in data harmonization efficiency and a drastic reduction in time to insights. The platform offers a flexible subscription model with additional charges for features like prediction, what-if analysis, and sentiment analysis. Customization services cater to specific customer requirements.
With a workforce of 19 employees, Ongil.ai reported an annual revenue of $210K in the last financial year, with a projected closing figure of $300K this year. Looking forward, the company aims to shift focus from general business operations to Environmental, Social, and Governance (ESG) use cases. Sahasranamam envisions Ongil.ai contributing to positive social impacts and plans to fortify the platform’s presence in the American market. The company is actively seeking funding from venture capitalists who share its vision of revolutionizing AI in businesses.
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