Tag: Course5 Intelligence

Business

Course5 Intelligence Appoints Nitesh Jain as President & Chief Operating Officer

Jun 14, 2022 by Agency 0 Comments #Course5 Intelligence, #Nitesh Jain, #President

Data analytics and insights company, Course5 Intelligence, has appointed Nitesh Jain as its President & Chief Operating Officer. Mr Jain will be responsible for managing global revenue, sales, delivery, and solution & Intellectual Property (IP) strategy at Course5.

He will be working closely with Course5’s CEO, Ashwin Mittal, and the Company’s other executive leadership on corporate development and go-to-market strategy.

Nitesh has over 24 years of global work experience with a proven track record in delivering data-driven analytics services, IT Services, and digital solutions across a diverse set of industries.

Nitesh was the founding leader of Wipro’s Advanced Analytics and Data Science practice which grew from inception in 2005 to a substantial practice by 2014.

In his last role during a 19-year stint at Wipro, he served as Vice President & Business Head for the UK & Ireland cluster.

On Nitesh’s appointment, Ashwin Mittal, Chairman, MD and CEO of Course5 Intelligence, said, “Nitesh will bring a strong pedigree of experience to drive our growth agenda. We are seeing substantial traction in demand for our solutions and adoption of analytics and AI in decision-making. Bringing him onboard is part of a process to strengthen our leadership to prepare us to take the company to the next level.”

Commenting on his new role, Mr. Nitesh Jain said, “Course5 has a very respectable set of Fortune 500 customers and delivers deep domain-centric analytical capability aided by unique AI-driven assets. My mission is to drive transformational business impact for clients through the use of analytics and AI, and help Course5 continue to be a leader in the Data-to-Insights value chain.”

Meanwhile, the company said they plan to grow organically through increased share-of-wallet with existing clients and new clients. The company has provided services to four of the seven largest companies in the world by market capitalization as of November 30, 2021, four out of the top ten pharmaceutical companies in terms of net revenue in 2020, and two out of the five largest CPG companies in terms of net revenue in 2020. For the year ended March 2021, 67.19% of the revenue came from clients that are either Fortune 500 or Forbes 2000 including Microsoft, Lenovo, and Colgate-Palmolive Company.

Course5 is also looking at inorganic growth through mergers and acquisitions (M&A) by acquiring companies whose vision aligns with its strengths and who bring complementary capabilities and IP and enable the Company to expand its business with existing and new clients.

Course5 reported total revenue of Rs 247.19 crore for the financial year ended March 2021. Course5 has reported strong financial numbers for the six months ended September 2021. The company posted a 28.03% jump in revenue from operations with Rs 143.67 crore revenue in the six months ended September 2021 as against Rs 112.21 crore in the same period the previous year.

The company’s net profit surged 110% to Rs. 26.82 crore for six months ended September 2021 from Rs 12.79 crore in the same period last year.

Education, Technology

Course5 Intelligence to Collaborate for Applied AI Research with BITS Pilani and Woxsen University

Dec 2, 2021 by Agency 0 Comments #Ashwin Mittal, #CEO, #Course5 Intelligence, #Dr. Hemachandran K, #Program Chair, #Woxsen University

India: Course5 Intelligence, one of the leading pure-play data analytics and insights companies in India, has entered AI-based research partnerships with BITS Pilani, one of India’s premier universities focused on higher education and research in engineering and the sciences, and Woxsen University, one of the top private universities in India with a strong focus on research in Business Studies, Technology, Arts & Design, and Architecture & Planning. The company believes that these partnerships will foster industry-academia collaboration and nurture talent in emerging technologies through real-world research while helping Course5 Intelligence to continue to provide differentiated and market-leading solutions and products.

Course5 Intelligence offers multiple solutions in digital, customer, and marketing analytics to its clients. Understanding customer behavior and applying new sets of granular features to improve AI Models is an ongoing goal for the company. As part of the current alliance with BITS Pilani, Course5 Intelligence is sponsoring a 3-year sponsored research program for applying Cognitive Neuroscience techniques and Multimodal Deep Learning to understand consumer behavior, attention, memory, and consumer decision-making journey. The research will involve the application of concepts from Behavioral Economics (BE), Brain-Machine Interface (BMI), and Deep Learning to enhance Course5 Intelligence’s current offerings and create innovative solutions and products.

As part of the alliance with Woxsen University, Course5 Intelligence will provide faculty and students with internship projects around multiple use cases in customer and marketing analytics. Areas of research will include the use of Sentiment Analysis to identify the sentiments of existing customers and improve Net Promoter Score (NPS), Intent and Theme Identification in voice-of-customer data to identify the precise reason behind customer complaints, and Data Matching using Natural Language Processing (NLP) and Computer Vision.

Ashwin Mittal, CEO of Course5 Intelligence, commented on this venture, “Cognitive Neurosciences is the next frontier in advancing leverage of customer analytics and AI techniques for corporations. This program will drive that agenda forward for us and for the industry. Course5 Intelligence constantly endeavors to support academia and make students industry-ready. By offering complex real-world problems for joint research and development, we believe this program will cross-leverage expertise and drive synergies between academia and industry.”

Commenting on the alliance, Dr. Hemachandran K, Program Chair, MBA (Business Analytics, Artificial Intelligence and Machine Learning), Woxsen University said, “We aim to provide best-in-class exposure to our students through industrial research projects, enabling them to upskill themselves to be industry-ready from Day 1 of their course”. Dr. Raul V. Rodriguez, Pro-Vice-Chancellor at Woxsen University, added, “Through this partnership, Woxsen aims to bridge the gap between industry and academia through various initiatives such as student and faculty internships and projects.”

Course5 Intelligence has global clients across industries, including Technology, Media and Telecom, CPG and Retail, and Life Sciences/Pharmaceuticals.