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Home Investment

Peak embarks on global expansion from India

Fiinews by Fiinews
April 5, 2021
in Investment, Technology
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Software team expands from Jaipur-Pune offices

Fast-growing Artificial Intelligence (AI) company, Manchester-headquartered Peak, continues its ambitious growth to become the world’s leading AI software provider, having signed new customers in the UK, US, Middle East and India in the last 12 months.

Peak said it is expanding its team and software services across India, with offices based in Jaipur and Pune.

“It’s becoming impossible to run a business without AI. Making critical decisions without AI would be like driving a Formula 1 car while wearing a blindfold,” Atul Sharma, co-founder and Chief Technology Officer at Peak, said on 5 April 2021 in a release from New Delhi.

“Our Decision Intelligence software rapidly deploys AI solutions to help businesses harness the true potential of their data, thanks to its unique full-stack features,” he explained.

Peak’s software makes it incredibly straightforward for Data Scientists and Engineers to rapidly train and configure sophisticated AI and machine learning models, using a range of in-built tools.

“We have ambitious growth plans to expand our teams in India and we’re looking for great talent across our Jaipur and Pune offices to work with, and there’s never been a better or more exciting time for people to join Peak,” he said.

The company offers AI software across retail, manufacturing and consumer packaged goods, enabling businesses to embed AI at the centre of all commercial decision making, resulting in high-profitability and improved efficiency. The commercial application of AI to optimise business performance is something Peak calls ‘Decision Intelligence’.

Peak’s AI software allows a broader range of companies to access supercharged AI technologies that were previously only accessible to a selected few, such as technology giants Google, Amazon and Netflix.

The company’s customers includes Pretty Little Thing, KFC, PepsiCo, Marshalls, and Speedy Hire.

Peak empowers businesses of all sizes to make great decisions with the help of AI across their sales, marketing, demand management and supply chains. With a mission to enable businesses to do great things with their data, Peak’s customers have seen transformational results, including examples such as a 5% increase in total company revenues, a doubling of return on advertising spend, a 12% reduction in inventory holdings, and a 5% reduction in supply chain costs.

Peak’s pioneering Decision Intelligence software embeds AI across sales, marketing, planning, and supply chains to accelerate revenues and profits.

Peak’s customers have seen transformational results, including a 5% increase in total company revenues, a doubling of return on advertising spend, a 12% reduction in inventory holdings, and a 5% reduction in supply chain costs.

Peak has been named a Gartner ‘Cool Vendor’ for AI in retail and was also named in The Sunday Times 100 Best Small Companies to Work For 2020 with the Best Companies 3-star accreditation (UK), which recognizes extraordinary levels of employee engagement. Peak is teamed with Amazon Web Services (AWS) Advanced Technology Partner and is ISO 27001 accredited. #technologies #innovations investment /fiinews.com

Tags: Digital IndiaPeak
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