CogniCor ranked 4th in Global Chatbot Market

CogniCor has been ranked fourth amongst the key international chatbot solution providers in the “Global Chatbots Market Professional Survey Report 2017”. With its virtual assistant (chatbot) solutions, it has been graded above the chatbot solutions offered by Google, Microsoft, Facebook, and IBM in the recent report.

According to the company, CogniCor’s avant-garde technological solutions have been deployed across market verticals through its SaaS-based initiatives, which includes OCBC Bank’s virtual assistant “Emma” (Singapore). This chatbot has till date generated over S$28 million by extending apt recommendations and facilitating quick buying decisions for the bank’s home loan vertical. CogniCor also operates on a partner-driven model by collaborating with market players such as Atos and Wipro to develop third-party automation solutions.

Dr Sindhu Joseph, Co-Founder and CEO, CogniCor, said, “The entire CogniCor team works tirelessly towards redefining the existing benchmarks while keeping a strong emphasis on technology. I believe that our greatest strength is our complete ownership of the end-to-end processes. Team CogniCor not only spearheads the product development and market deployment but also conducts the research and innovation, which enhances and gives impetus to our initiatives. This enables us to offer technologically superior solutions while keeping them completely customer-centric.”

The platform has previously bagged “Delighting Tomorrow’s Customers” award by British Telecom, “Emerging IT Start-up Award” by KMA-NASSCOM, NASSCOM Emerge 50 Awards 2015, won European Commission’s Tech All Stars competition, and was also felicitated with the “Best Early Stage Company” award at the American Venture Capital Conference. CogniCor has also been listed in “TiECon Top 50” in 2015 as well as “Europe’s Hottest Startups 2014” by W.I.R.E.D. Magazine.