Kognitos Attracts $35M to Streamline Back-office Operations for Businesses

Efficiency is a constant pursuit for businesses, often leading to severe measures like layoffs or hiring freezes. Yet, Kognitos co-founder Binny Gill believes companies can enhance productivity without resorting to such extremes, through the smart application of automation technology.

Gill, drawing from his rich background in tech innovation, co-founded Kognitos with a mission to simplify business process automation. Kognitos focuses on using artificial intelligence (AI) to create a more productive, agile, and robust business environment, addressing inefficiencies exposed by the pandemic's impact on supply chains and work conditions.

Some worry that automation may result in job losses. A 2016 report suggested that robotic process automation could potentially render 16% of jobs superfluous by 2025. However, the evolving workforce and gig economy dynamics might balance these numbers. Furthermore, as Gill underlines, automating mundane tasks can boost employee satisfaction by freeing them up to focus on more engaging work.

Gill's vision for Kognitos was sparked by a personal moment during the pandemic when he contemplated why people should learn to speak 'machine' instead of the reverse. This led to Kognitos’ ability to understand instructions in plain English, enabling users to automate tasks without needing advanced technical knowledge.

Unlike its competitors, Kognitos prides itself on its intuitive platform that can translate English into workflow automation and learn from users to improve over time. This approach permits any business user to manage issues directly, thus democratizing the use of automation across different areas of expertise.

The applications for Kognitos are vast, covering tasks like voice transcription, image editing, and much more. Designed for both process experts and average business employees, Kognitos aims to make technical automation accessible to those with even the most basic computer skills.

The promising potential of Kognitos has attracted $35 million in funding from investors, including tech-heavyweights like Khosla Ventures, supporting the company's expansion and product development goals. Notably, industry giants like PepsiCo have shown interest in leveraging Kognitos’ solutions.

As the technology industry faces a downturn, Gill is confident in the role that human-centric technology like Kognitos will play in the next technology revolution, fundamentally reshaping how businesses operate and compete.

efficiency, automation, funding