AI-Driven Product Engineering Services to Accelerate Customer’s AI Journey

Bengaluru, India – September 4, 2024 – Goavega, today announced the launch of its cutting-edge AI-driven product engineering services, aimed at helping businesses engineer next-generation AI-based software products that are both humane and hyper-efficient. With over a decade of experience supporting emerging startups and large enterprises, Goavega has solidified its reputation as a trusted partner in the software engineering space. This new suite of AI services is set to empower organizations across industries further to innovate faster and smarter.

The AI market is expected to grow to $2 Trillion by 2030. As of last year, 73% of US companies across industries are utilizing AI in some form. However, as businesses across the globe increasingly recognize the potential of AI to drive growth and innovation, many need help to implement these technologies effectively. According to recent research, 70-90% of AI projects fail to deliver on their initial promise due to misaligned strategies, inadequate data, and the complexities of AI deployment. The failure rate underscores the critical need for experienced partners who can guide companies through the intricacies of AI adoption.

The new AI-driven offerings include end-to-end product engineering solutions, from ideation and design to deployment and scaling, tailored specifically to the needs of businesses looking to harness the power of artificial intelligence. Goavega’s deep expertise in AI technologies, combined with its expertise in ML, Cloud Engineering and Data Engineering, positions it as a unique player in the market, capable of delivering transformative outcomes for clients.

Sumana Iyengar, CEO at Goavega, said “AI is no longer a luxury but a necessity for companies that want to remain competitive in today’s digital economy. However, getting AI right the first time is incredibly challenging. Our mission with this new suite of services is to help businesses in Healthcare, Financial Services, Retail, Manufacturing, and other industries to navigate these challenges and successfully integrate AI into their operations, driving sustainable value and efficiency.”

We are excited to have Razorpay and several other global organizations support us in this transformational journey.

About Goavega

Goavega is a specialist in AI-driven product engineering services, backed by superior technology expertise in AI, ML, Cloud and Data Analytics. Large Enterprises and emerging organizations across industries, such as Financial Services, Manufacturing, Healthcare, and Retail, rely on Goavega to derive value, such as 40% faster product releases, doubling revenue, and reducing process times by 75%. Our proven delivery methodology, certifications, such as ISO 9001:27001, SOC-2, ISO-14064-2; 2019 and global partnerships ensure that our delivery is predictable and reliable. Our diversity as a Women Owned Business fuels innovation and inclusion, keeping us at the forefront of technology and efficiency.

Visit www.goavega.com for more information.

Media Contact:

Kiran Mohan

Kiran.mohan@goavega.com