Hot Pursuit     24-Aug-23
Coforge launches an enterprise AI platform for scalable gen AI applications
The platform offers comprehensive AI capabilities with 100+ APIs and pre-built use cases facilitate out-of-the-box solutions.
Coforge, a global digital services and solutions provider, has unveiled Coforge Quasar, a revolutionary Gen AI Platform designed to empower businesses in developing their own scalable AI applications.

With a modular and scalable architecture, Quasar provides enterprises with over 100 pre-built cognitive and generative use cases, ensuring the creation of innovative and customized solutions. The platform operates on a fully governed framework, incorporating Process Governance, API Governance, and Model Governance (MLOps) for enhanced security and control. Enterprises can choose between a cloud-based or on-premise setup, providing flexibility and convenience.

Additionally, Coforge Quasar-based solutions and accelerators are available on the Microsoft Azure Marketplace, reinforcing its commitment to delivering cutting-edge technologies. Among the six accelerators offered by Coforge Quasar are Quasar Document AI, Quasar Speech AI, Quasar Predict AI, Quasar Vision AI, Quasar Graph AI, and Quasar Conversational AI.

Sudhir Singh, CEO & executive director, Coforge said, "AI with its cognitive and generative capabilities, possesses the remarkable ability to revolutionize every facet of an organization – customer service, operations, research, sales & marketing, finance, human resources. With Quasar, we seek to set up our clients to harness the transformative power of AI at scale, at speed, and without any limits."

He added, "Our approach is to empower our clients to tap the power of AI for transforming their businesses. We are leveraging our partnerships with leading U.S. universities working together on AI research and training to bring them the best of what AI has to offer. We are co-innovating, developing, and monetizing solutions with our customers. We are focusing on relationships with hyperscalers and low code no-code platforms such as Salesforce, Pega, and ServiceNow. We are ramping up our training and certification programs."

Coforge, a global digital services provider, strategically focuses on specific industries to deliver impactful solutions. With proprietary platforms powering critical business processes, Coforge operates in 21 countries with 26 delivery centers across nine countries.

In Q1 FY24, the company reported a 50.56% surge in consolidated net profit to Rs 175.7 crore, with a 21.4% increase in revenue from operations to Rs 2,221 crore.

Shares of Coforge fell 0.98% to Rs 4,911.60 on Wednesday, 23 August 2023.

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