We recently spoke with Satish Grampurohit, Co-founder and CEO, Cogniquest Technologies, Bengaluru, India. Cogniquest is a provider of an AI-enabled platform that powers Intelligent Document Processing (IDP). The Cogniquest AI Platform helps businesses reduce the time employees spend on manual data collection and empowers them to focus on more critical tasks. To learn more about Cogniquest, you may contact Satish at https://www.linkedin.com/in/satishgrampurohit/.
Thank you, Satish. Please tell us about yourself.
I am the co-founder and CEO of Cogniquest Technologies, an AI-enabled document intelligence platform.
Why is the U.S. marketplace a great opportunity for your company/product?
We are building an advanced AI/ML/NLP based document intelligence platform and are seeing very positive response from global clients. The USA is a major market for us, and we are eager to grow our footprint here.
The Cogniquest Platform has many potential uses, including mortgage agreement processing, invoice processing and reconciliation, monitoring and tracking of medical literature, and contract intelligence. It is also used as an enterprise knowledge manager which is easily accessible by team members.
At what stage are you currently with your U.S. market entry efforts?
We have started generating revenue from U.S. clients and are seeking partners to expand our market reach in the United States.
What type of information or resources are you seeking as you develop your U.S. Market Entry plans?
We continue to conduct research to support our U.S. Market entry efforts in several key areas. This includes learning more about U.S. market potential for our AI document intelligence platform and identifying prospective clients and suitable partners interested in collaboration. We are also interesting in learning more about U.S. federal and state economic development incentives that support AI product and service companies that are seeking to do business in the United States.
How important is protecting your intellectual property as you enter the U.S. marketplace?
The Cogniquest™ trademark and associated intellectual property that is used in connection with our proprietary AI-enabled intelligent document processing services are vital to our business value. Therefore, protecting our intangible assets in the United States remains a high priority.
Is there anything else you would like to share?
We had great time at SelectUSA. The USA market presents a huge opportunity for us, and we are very
excited to plan our expansion here.