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Pega Revolutionizes Business Processes Across Industries, Driving Efficiency and Innovation

VCCircleVCCircle · 1y ago
Pega Revolutionizes Business Processes Across Industries, Driving Efficiency and Innovation
Medial

Pega, a powerful business process management (BPM) solution, is revolutionizing industries by automating, optimizing, and innovating operations. Ashok Reddy Annaram, a Lead Technical Architect with expertise in PEGA implementation, has driven efficiency and transformation in industries such as telecommunications, financial services, and healthcare. His leadership, technical skills, and ability to deliver tailored solutions have resulted in cost savings, improved efficiency, and enhanced customer experiences. Ashok's achievements include leading the successful merger of two major banks in the US, achieving cost savings, efficiency gains, revenue growth, and increased customer satisfaction. He emphasizes the importance of digital transformation, data-driven decision-making, and emerging technologies for businesses.

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Ampivo AI acquires 51% stake in Commerce Forever

EntrackrEntrackr · 2m ago
Ampivo AI acquires 51% stake in Commerce Forever
Medial

Ampivo AI acquires 51% stake in Commerce Forever Ampivo AI, a multi-modal AI solutions provider, has acquired a majority stake (51%) in Commerce Forever Solutions. This move aims to grow and strengthen Ampivo AI’s role in the e-commerce space by using its AI technology for real-world B2B applications. Commerce Forever closed the financial year 2024-25 with net sales of Rs. 115 crore. According to Ampivo AI, it will be deploying advanced predictive AI technology in Commerce Forever to enable long-term cost optimization. This move allows it to step into an untapped segment of B2B commerce with the help of Commerce Forever’s established operational infrastructure in the Indian Market. While the leadership role and day-to-day activities remain the same, the focus of the integration will be embedding AI across key business processes, with clearly defined KPIs centred around enhancing cost efficiency. As a part of this stock-based acquisition, Commerce Forever will retain its existing brand identity while integrating into the larger Ampivo Ecosystem. Ampivo AI states that this acquisition opens up new opportunities for it to showcase how its technology can bring about operational efficiency and cost savings across the B2B e-commerce value chain. Commerce Forever provides a background in back-end e-commerce operations, and Ampivo AI provides the technology to automate, forecast, and optimize those operations. The two businesses view this collaboration as a platform for scalable innovation within the e-commerce space. Ampivo is a multi-modal AI solutions provider specializing in conversational AI and predictive insights. The company enables B2B clients to scale efficiently by streamlining and optimizing business processes through intelligent automation. It caters to clients in the healthcare and e-commerce sectors and is now expanding its footprint into the finance industry, leveraging its expertise to drive innovation and efficiency across new verticals.

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