Katonic.ai, an ISO 27001 AI-ML company based in India, has been awarded the prestigious Frost & Sullivan Best Practices award as the Entrepreneurial Company of the Year in the Asia Pacific MLOps industry for its value proposition and commitment to excellence. The award recognizes Katonic’s commitment to providing high-quality solutions to its customers, and its exceptional performance in the field of AI and MLOps.
Katonics key focus lies in helping businesses in APAC to realize a better Return of Investment (RoI) on their AI investments. It believes in the concept of ‘faster’ realization of RoI, wherein reduced operational costs and improved customer experience, play a key role. The Katonic AI-MLOps platform is designed to help companies develop and manage AI-powered applications, faster and more efficiently.
Frost & Sullivan, a globally acclaimed consulting firm, presents this award annually in different categories. The award recognizes companies that demonstrate visionary understanding of the future, a strong focus on customer needs and an execution of successful strategies. Katonic.ai’s strategy of aligning to customer needs, transforming industry trends and focusing on best practices have helped them secure the award for 2023.
Prem Naraindas, Founder & CEO of Katonic.ai, commented on the occasion by saying, ‘It is highly encouraging to see our product and strategy being validated by an institution as prestigious as Frost & Sullivan. We hope to continue delivering quality solutions to our clients and contributing to the growing Artificial Intelligence and MLOps industry in Asia Pacific.’
The award has also been recognised by Nishchal Khorana, Vice President, Global, Frost & Sullivan, who said ‘Katonic.ai has developed a compelling value proposition by aligning its offering to customer needs and transforming industry trends as well as focusing on best practices. The offering has demonstrated the ability to create strategic differentiation driving significant success in the APAC market.’
Katonic is supported by Australian fund, Artesian Investments, and Boab AI. It has offices in three countries— India, Australia and Singapore. The MLOps platform simplifies development and operationalisation as it is fully open, flexible and language agnostic. The platform also runs in a Kubernetes cluster, allowing it to be deployed anywhere including multi-cloud, on-premises or edge. Katonic.ai recently also featured in the prestigious Everest Group’s MLOps Products PEAK Matrix® 2022.
Prem Naraindas is a well respected leader and entrepreneur in the Artificial Intelligence, MLOps and IT sectors. He has an impressive background with many years of experience in technology, consulting, M&A and fundraising. In 2021, Prem was recipient of many accolades in the healthcare industry, including ‘CXO of the Year’ by Computer Society of India, ‘Committed to Excellence’ award by Nasscom’s IMTEX, and the ‘Innovation Award’ at the India Innovation Summit.
At Katonic, Prem has brought together a team of IT professionals, scientists, engineers and business specialists to develop AI-powered solutions for businesses. Using the Katonic platform, companies get access to innovative technologies which helps them stay ahead of the curve and gain competitive advantage.
Congratulations to Katonic.ai on receiving the Frost & Sullivan Best Practices Award. We wish them all the best for the future and hope to see more success from them.
