Perpetuuiti, global leader in disaster recovery and robotic process automation today announced expanded investments in North America with direct availability of their breakthrough Resilience Automation and Intelligent Automation platforms ( IT Autonomics and Intelligent OCR & RPA), recognized by Gartner peer reviews with the highest ratings for IT Resilience Automation. Adding Shawn Blevins as Chief Revenue Officer for North America, formerly an executive from SAP, Oracle, Microsoft and Booz Allen Hamilton, Perpetuuiti is now available directly as well as from key consulting partners.

Perpetuuiti has a strong foundation in North America with Delta Airlines, Jet Aviation, and several mortgage firms and is the recognized global leader for Banks and Financial Services companies-most notably LIC Ltd, ONGC Ltd, ABSA Bank, ICICI Bank, YES Bank, First Gulf Bank, RHB Bank, State bank of India, Vodafone, Jio Telecom, Reliance Industries, Tata Motors to name a few.

“There's a difference between ‘having a plan’ and comprehensive assurance to execute digital transformation and process automation . We're all growing something, and our job is to help you protect it. We are seeing tremendous demand to make our Resilience and Intelligent RPA platforms available directly with support.” “With Shawn joining as CRO to support North America, now is the time for companies to raise the bar on what they should expect and demand for both Resilience Automation and Intelligent Automation.”

Continuity Patrol, Continuity Vault, and Av3ar for AI-driven OCR and Robotic Process Automation are available now-representing the first time companies in North America can deploy true enterprise-wide Resilience and Intelligence Automation that is truly vendor independent and technology agnostic.

“The goal is 100% coverage across all the elements of an organization-giving our customers complete control of both their disaster recovery & RPA strategies-designed to greatly reduce IT costs and required resources.” Said Shawn.

Shawn Blevins remarked, saying “Perpetuuiti is the most comprehensive Platform for Resilience Automation and Intelligent Enterprise Automation with IT Autonomics and integrated OCR with RPA. It’s time companies in North America have access to the same unmatched capabilities to achieve digital transformation without disruption. This is a light-year ahead of what has been available.”

Get more information or see a demo at https://ptechnosoft.com/North_America_CP or reach out to shawn.blevins@ptechnosoft.com for North America inquiries.

Since 2011 Perpetuuiti has pioneered innovative products for Fortune 500 global organizations across industry verticals like BFSI, High-Tech, BPM and Telecom with offices across Asia, Europe, and the Middle East.

The additional capital will help Perpetuuiti accelerate its vision to empower customers to intelligently automate end-to-end business and IT processes – bridging the gap between the front and back office with an AI-powered intelligent enterprise automation platform. The capital will advance the company’s focus on improving human-to-bot collaboration through attended automation, resulting in enhanced customer experiences and increased employee productivity.

The intelligent enterprise automation platform from Perpetuuiti uniquely enables organization-wide resiliency through digital transformation and cognitive automation, helping enterprises of all sizes to automate their business and IT processes swiftly, seamlessly and non-intrusively.

“Never before has there been such a transformative shift in the way we work, with AI enabled software bots changing how people, processes and technology interact for productivity gains. In this environment, our Digital Workforce is arguably more important than ever in driving organizational adaptation and resilience, and our role as a strategic technology partner to our customers in many ways becomes more emphasized” said Sundar Raman, CTO and co-founder, Perpetuuiti. “This new capital will help us launch our Autonomous RPA platform faster and will position us as a strong partner to our enterprise customers. With autonomous RPA, the implementation timelines and cost will be reduced by about 90 percent, and with our efficient deep-learning bots, the Process Identification and Automation can be achieved very quickly.” adds Sundar Raman.

About Perpetuuiti

Founded in 2011, Perpetuuiti helps organizations adapt to the evolving world around them through their innovative Products. Continuity Patrol™ for Disaster Recovery Automation, Av3ar™ - AI OPS and Autonomous RPA Platform built around Artificial Intelligence (AI), Cognitive Computing (CC), Machine Learning (ML) and Computer Vision to enable Intelligent Automation solutions for Enterprises.

The Perpetuuiti Platform provides solutions that are simplistic, non-intrusive and scalable for digital enterprises of all sizes. Our products are modular and can be integrated with one another enabling SEAMLESS and INTELLIGENT operations.

We have pioneered innovative products that have been well accepted and trusted by our Customers and Partner Ecosystem comprising Fortune 500 global organizations from a diverse set of industry verticals like Banking, Insurance, Telecom, Govt organizations, High-Tech, BPM and Service providers Learn more at www.ptechnosoft.com

About Intel Capital

Intel Capital invests in innovative startups targeting artificial intelligence, autonomous vehicles, datacenter and cloud, 5G, next-generation compute and a wide range of other disruptive technologies. Since 1991, Intel Capital has invested US$12.9 billion in more than 1,582 companies worldwide, and 692 portfolio companies have gone public or participated in a merger. Intel Capital curates thousands of business development introductions each year between its portfolio companies and the Global 2000. For more information on what makes Intel Capital one of the world’s most powerful venture capital firms, visit www.intelcapital.com or follow @Intelcapital.

Pune, India – June 24, 2016: Perpetuuiti TechnoSoft Inc., a global Enterprise Software Products company, today announced the appointment of Ramesh Menon as General Manager- Operations and CRM with immediate effect. In this role, he will be responsible for the overall operations of the company, which would include allocating resources, and aligning business processes & systems to meet corporate objectives. He will be the principal liaison and point of contact between the management and all other departments of the company. He will also act as an advocate of good governance and legal compliance.

On this appointment, Rohil, CEO at Perpetuuiti said, “Ramesh has a proven track record in managing large projects and business operations. He is extremely customer-focused and has an ability to leverage technology for strategic business advantage. It will be great for our young team to have an experienced professional like Ramesh around as they can learn a lot from him.”

Ramesh Menon brings more than 25 years of experience with a strong track record in the IT and Telecom industries. His rich industry experience in the functional areas of sales, service delivery, operations and project management make him a natural fit for the current role and responsibilities. Additionally, he has strong competence in business operations, technology sales, marketing, vendor and project management and has handled large multi-location teams for program management and service delivery.

“It’s a privilege to be a part of Perpetuuiti’s strong and innovative team. I am quite excited about my new role and the opportunities that lie ahead. With my experience and knowledge, I look forward to taking the company to new heights,” said Ramesh.

Prior to joining Perpetuuiti, Ramesh has held senior positions with many well-known companies like IBM India, BBRAUN and Global Tele Systems Ltd.

Pune, India – May 16, 2016: Perpetuuiti TechnoSoft PTE, a global enterprise software products company, has appointed Kecam Technologies Limited as its exclusive partner for the West African region. This partnership will further strengthen the global footprint of Perpetuuiti and enable the company to expand their operations in the African market.

Kecam Technologies, a unique Systems Integrator and IT Security Specialist and a premier IT solutions provider, offers solutions around Hardware, Enterprise IT Security, Software, and Consulting/Support Services. With a team of highly experienced professionals in IT, sales, marketing, administration, project management and services, they have implemented more than 100 IT projects across Africa.

Rohil, CEO at Perpetuuiti Technosoft PTE said, “We have found a partner who echoes our commitment to providing world class technologies. Kecam’s strong local presence and knowledge will significantly increase our market share in the region. We will work together to help our clients respond swiftly to market demands and challenges.”

“This strategic alliance will extend the presence of our innovative industry-leading enterprise software products (Artificial Intelligence, Robotic Software Automation, Cognitive Computing etc.) in new untapped markets,” he added further.

Bonny Mekwunye, Vice Chairman of Kecam Technologies says, “Our strategic partnership with Perpetuuiti will bring high-value benefits to clients across different industry verticals and will assist greatly in cost-reduction against the increasing demands of tightening budgets, competitive pressure and highly discerning customers who demand nothing less than excellent, high-value service delivery with profitability for organizations”

“We are highly elated to have found a partner like Kecam to work with. This alliance shall further our commitment to provide world-class technological solutions to new untapped markets. Kecam’s strong regional knowledge will significantly increase our market share in the region.” said Arasu S, Regional Director Sales (MEA) at Perpetuuiti Technosoft PTE.

Perpetuuiti’s solutions have been well-accepted and appreciated by customers, system integrators, cloud service providers, hosting service providers and consultants. Their solutions enhance the productivity and overall performance as they work at a much faster speed, thereby helping the customer gain on multiple fronts. Perpetuuiti has a significant global presence with offices in USA, India, Singapore and UAE.

About Kecam Technologies Limited:

Kecam Technologies Limited, a premier information technology solution provider with a plethora of highly experienced professionals with over 200-man years in IT, Sales, Marketing, administration, project management and services that have previously been involved in well over 100 different industry IT projects across Africa.

Kecam Technologies Limited has been able to establish strong and strategic relationship with such global players and OEMs as CRISIL, IBM, Dell, HP, GeneeWorld, SingularLogic, Websense, Fujitsu, Zebra, Oracle, Starlink, AlienVault, Securelink, Fatpipes, Boole Server, Bit9, AKIS, Comodo, Kaspersky, BitDefender, McAfee, Microsoft, Cisco, Autodesk amongst many others.

Pune, India – April 5, 2016: Perpetuuiti TechnoSoft Inc., a global enterprise software products company, has been honoured with the prestigious IE20 2016 Award in London by Gordon Innes, CEO London & Partners, and The Mayor of London Boris Johnson on 14th March, 2016. IE20, a programme supported by BDO India, Newland Chase, UK Trade and Investment and British Airways, has been initiated to recognize and promote emerging Indian business. It allows next generation businesses to demonstrate their potential in knowledge-based fields such as financial and business services, technology and life sciences. The programme was created by London & Partners, the Mayor of London’s inward investment company, which has drawn on its vast experience of working with over two thousand international businesses and successfully bringing them to the UK capital.

Gordon Innes, CEO, London & Partners said, “Following Indian Prime Minister Modi’s visit, we wanted to bolster our already strong ties with India. That’s why we developed the IE20 programme: to support Indian businesses looking to scale up and internationalise. Particularly, technology businesses, because of London’s recent emergence as one of the world’s largest tech clusters.”

After receiving the award, Rohil, CEO at Perpetuuiti commented, “IE20 was the most exciting competition for Perpetuuiti and we are thrilled to receive this huge recognition. This unique opportunity has allowed us to represent Perpetuuiti on the international stage and develop our global potential. It is really an honour for Perpetuuiti to be positioned amongst India’s top 20 emerging businesses and will lay the foundation for our success in the international market.”

“We are also thankful to Mr. Modi as the initiatives taken by him led to IE20 and gave a great platform for start-ups and entrepreneurs like us,” He added.

Perpetuuiti, an enterprise software products company, also got awarded along with 19 other companies with IE20 for its unique and innovative products. The company is focused on building products that help organizations increase Productivity and Efficiency by deploying emerging technologies like Artificial Intelligence, Cognitive Computing, Machine Learning and Robotic Software Automation. Perpetuuiti’s solutions cater to a diverse set of industry verticals such as Telecom, Banking, Manufacturing, Insurance and Consumer Products.

On the reason behind the focus on Indian start-ups and entrepreneurs, David Slater, Director of International Trade and Investment, London & Partners, mentioned that over the last two decades, India has created a number of leading companies of global scale. “At London & Partners we have also seen a growing appetite for Indian businesses looking to use London as a springboard for a move into international markets,” adds David.

With an unprecedented number of leading companies hitting global scale and reach, IE20 aimed to discover the 20 most promising global Indian companies and provide them the visibility and platform to make a mark in the global arena. The winners from broad range of categories gained attention and visibility among global media and trade, which in turn will help facilitate international partnerships, alliances and other opportunities for the winners.

On the programme, Moran Birger, Regional Commercial Manager – South Asia, British Airways says, “We are very impressed with the kind of nominations we have received for this programme and selecting these top 20 companies as winners has certainly not been an easy task for us.”

Pune, India – March 2, 2016: Perpetuuiti TechnoSoft Inc., a global Enterprise Software Products company, today announced the appointment of Mr Abhay Bagde as Head of Sales, India. Mr Bagde, a high-tech industry veteran with more than 17 years’ experience has been part of Perpetuuiti’s sales team for 4 years and previously held the position of VP – Sales and Strategic Products. After the promotion, he will lead Perpetuuiti’s sales team in India and will be responsible for driving sales operations, strategies and training. He will also oversee expansion of the company’s business through strategic alliances and partnerships.

“I am excited to undertake this new responsibility," said Mr Abhay Bagde. “India is a very strategic market for Perpertuuiti looking at the exponential growth of Indian economy and "Make in India" initiatives both in terms of innovation and growth prospects. Perpettuiti’s laser focus on its customers and partners, combined with its diverse and innovative range of technology portfolio offers a compelling value proposition to customers and partners in this region. I am also excited about the new opportunities driving automation in this market," he added.

Mr Bagde joined Perpetuuiti in 2013 year and quickly advanced to the role of VP – Sales and Strategic Products. His rich industry experience in customer-focused technology solutions, sales, marketing, and operational management make him a natural fit for the current role and responsibility.

Prior to working with Perpetuuiti, Abhay Bagde has held a range of executive positions with start-up venture capital companies and global organizations such as Red Hat, EMC and Clover Technologies. He has a successful track record when it comes to building a sales organization, moving business to the next level, and successfully managing the overall business to achieve company objectives.

Pune, India – January 12, 2015: Perpetuuiti TechnoSoft Inc., a global enterprise software products company, has won the CIO CHOICE 2016 Honor & Recognition for its Ops-Central solution under the ‘Virtual Workforce Solutions’ category. This 4th Annual CIO CHOICE Award has been the most competitive till date receiving a record number of 150 entries this year from a wide array of public and private ICT companies located in different parts of the country.

The ‘Virtual Workforce Solutions’ category recognizes the preferred provider of solutions that have the capability of applying specific technologies to easily and rapidly automate the standardized, day-to-day IT workload related jobs to enable simpler and automated Business Processes.

On this momentous occasion, Abhay Bagde, VP (Strategic Products and Sales) at Perpetuuiti said, “Being recognised as the CIO CHOICE winner consecutively for two years from amongst so many companies is a great accomplishment for us. The award becomes even more special as the jury consists of an independent panel of eminent CIOs. This is a huge validation of efforts and proves our commitment towards the evolving demands of IT customers. Furthermore, one of the world’s biggest stock exchanges uses our Virtual Workforce Solution to automate their rotes tasks for enhanced productivity and greater efficiency. This further validates our innovation and trust of CIOs.”

“By being voted by CIOs, Perpetuuiti has proven their expertise in Virtual Workforce solutions. The award places them among the top percentile of enterprise ICT vendors in India.” said Anoop Mathur, President at Centre of Recognition & Excellence. “When CIOs look for an IT partner to meet their business challenges, choosing a company that has trust of CIO Choice Logo is an iNTELLIGENt move. It is a CIO endorsed IT brand with successful customer deployments.”

Perpetuuiti’s Ops-Central RSA, a comprehensive automated Ops-Platform, got recognition for demonstrating the capability of enabling organizations to configure software robots that automate manual, repetitive rules-based tasks at a fraction of the cost of their human equivalent, and integrate without disrupting the legacy system. It provides real-time information processing and simplifies the management of IT processes by eliminating the need of manual intervention thereby removing human errors. Additionally, it frees up time to focus on key issues that improve service levels through centralized activities across physical, virtual and cloud systems.

Winners of CIO CHOICE 2016 were determined by an independent CIO voting survey from across the country on product performance, customer satisfaction and continued customer service. It is a recognition and validation that CIOs can trust because it is ‘By the CIO and for the CIO’. It offers the CIO community an authentic aid to finding and considering the most preferred and stable products, services and solutions.

About CIO CHOICE:

This B2B platform is uniquely positioned to recognize and honor products, services and solutions on the back of stated preferences of CIOs and ICT decision makers and to help marketers create a positive brand positioning for their products, services and/ or solutions by being the CIOs preferred choice.

The process for the “CIO CHOICE” recognition is conducted via an independent advisory panel of imminent CIOs and an independent survey from across the country with CIOs and ICT decision makers.

Pune, India – October 30, 2015: Perpetuuiti TechnoSoft Inc., a leading global Enterprise Software Products company, has been recognized as the winner of IBM SmartCamp Pune edition this year. The program, which is part of IBM’s Global Entrepreneur Program (GEP), aims at identifying and promoting innovative startups in the B2B space in India.

IBM SmartCamp is designed to open up opportunities for startups to scale quickly, particularly by leveraging trending technologies such as cloud, mobile or big data. The winners can take advantage of IBM’s global network of enterprise clients, consultants and innovation centers to build, innovate and accelerate their business growth. Perpetuuiti was among the six winners selected from more than 250 companies that participated in the Pune edition this year.

Perpetuuiti is a global enterprise software company focused on building software products that help organizations to increase productivity, efficiency and manage IT Service Continuity and Availability Assurance, Orchestration and Automation challenges for On-Premises or Cloud Deployments. The company solves the aforesaid problem by enabling users’ visibility, accountability, manageability, orchestration and automation.

“GEP was the most exciting B2B startup competition for Perpetuuiti. We are thrilled to have been a part of IBM GEP program, where startups pitch to IBM executives, VCs and government executives to showcase their innovative products. It was a new learning for us and has given us great business insights,” said Mr. Rohil, CEO, Perpetuuiti.

“This recognition is a huge validation for the work that we are doing and surely adds credibility to our company. Being supported by IBM will also add a lot of value to our business,” he added further.

The competition was judged by an eminent panel which included Srikanth Sundarajan, Partner at Helion ventures; Dulles Krishnan, Executive Director-Asia Pacific at IBM Smart Commerce; Aruna Schwartz, Founder of Stelae Technologies and Anoop Mathur, Founder of CIO Angel Network.

The GEP was launched last year by IBM with an aim to provide comprehensive and strong network resources to drive collaborative cloud innovation for startups. IBM SmartCamps engage and judge the best startup companies in different cities around the globe.

IBM brings together local venture capitalists, serial entrepreneurs, professors and IT industry experts to provide advice to participating entrepreneurs. At the conclusion of the events, participants pitch their business to a panel of expert judges. The winners of the SmartCamp events receive mentoring, services, access to industry experts and deeper partnership opportunities from IBM, venture capital firms and industry partners. Winners also receive an invitation to participate in IBM’s SmartCamp Global Finals, where the IBM Global Entrepreneur of the Year is named.

Mumbai/ Bangalore – October 6, 2015: Perpetuuiti TechnoSoft Inc., a leading IT Service Continuity and Availability Management solutions provider, has been recognized globally as one of the ‘Most Powerful Tech Providers’ in BFSI by a US-based media platform. Perpetuuiti was recognized for adopting innovative practices in developing software products that enable customers to get maximum value from their Business Continuity Planning (BCP)/ IT investments. To further its objective of developing competitive products for the global marketplace, Perpetuuiti recently opened an R&D center in Chennai where innovative technology solutions are developed in the areas of Artificial Intelligence and Cognitive Computing.

Perpetuuiti understands the essence of IT Service Continuity and Availability Management. It has played an important role in ensuring reliability in services and IT continuity for banking and financial institutions worldwide. Additionally, Perpetuuiti’s solutions are well-accepted and appreciated by customers, system integrators, cloud service providers, hosting service providers and consultants world-wide.

“Currently, the role of IT Service Continuity and Availability Management technologies has become extremely critical as they provide detailed strategies on how the business will continue after severe interruptions and disasters. Being a solution provider, our main focus is on delivering innovative solutions that best fit the business scenarios of the time, thereby providing continuous positive benefits to clients. Perpetuuiti is different because we allow enterprises to monitor, measure and quantify the loss from silent IT disasters like day to day outages by giving more visibility to future-proof businesses,” said Rohil, CEO at Perpetuuiti.

He further said, “We are pleased to be acknowledged as one among the ‘20 most powerful BFSI tech providers’ globally. This award is a testimony of our consistent endeavor to build innovative products that help address customer challenges and deliver business benefits with better ROI. ”

Perpetuuiti’s efforts in ensuring resiliency for organizations have been duly recognized by leading global analysts, associations and industry bodies. It was recently named ‘2015 Gartner Cool Vendor’ for ‘Business Continuity Management and IT Disaster Recovery Management’. Perpetuuiti has also featured in Gartner Hype Cycle reports for the last two years for its ‘Business Continuity Management and IT Disaster Recovery Management’, and ‘Infrastructure Services.

Sundar Raman, CTO at Perpetuuiti said, “We will continue to innovate and keep abreast with emerging trends in the industry. Our products address evolving problems in an innovative manner. We also identify new problems, develop solutions accordingly and deliver technology that help achieve business objectives and satisfied customers.

US based media organization, CIO Story’s annual list of leading BFSI tech providers is a platform to promote and recognize the disruptive power of technology and is selected by a panel of industry experts and executive members of CIO Story’s editorial advisory board.

Pune, India – August 3, 2015: Perpetuuiti TechnoSoft Inc., a leading IT Service Continuity and Availability Management solutions provider, announced today that it has been identified as a ‘Sample Vendor’ in two of Gartner’s 2015 Hype Cycle reports – ‘Business Continuity Management and IT Disaster Recovery Management’ and ‘Infrastructure Services.’ Perpetuuiti has featured in Gartner’s Hype Cycle reports for two years consecutively.

Gartner Hype Cycles represent the maturity of various technologies, enabling user organizations to evaluate the available options in terms of benefits and risks and their potential relevance to solving business problems. Being recognized by Gartner reiterates the value that Perpetuuiti brings to its clients through its innovative approach and unique solutions.

Rohil, CEO, Perpetuuiti said, “We are very pleased to be recognized in Gartner’s Hype Cycles again this year. Our solutions for BCM & IT DRM and infrastructure services have succeeded in providing immense value to customers by ensuring high service availability and business resiliency. Most organizations are now looking beyond their traditional disaster recovery systems to adopt more comprehensive solutions that can offer uninterrupted services for their business critical operations.”

According to the Gartner Hype Cycle report on BCM & IT Disaster Recovery, the growing impact of business disruptions is generating greater interest in resilience, which is likely to increase recovery implementations at all levels of the organization and across all components of BCM. The Hype Cycle for Infrastructure Services points to the new wave of infrastructure solutions with analytics-driven automation and transitions to hybrid and cloud-based architectures.

Perpetuuiti’s products are designed to work with a variety of complex heterogeneous IT environments enabling solutions for organizational BCP automation, IT service continuity and availability management, recovery assurance, IT workload orchestration and automation, real-time auto discovery of application IT infrastructure and application interdependency mapping. Their products provide IT managers with useful insights to achieve a highly automated BCP model with formalized tracking of recovery and continuity service level management.

“We understand the pain points of IT managers and business leaders, and our solutions are designed to address their emerging needs. Perpetuuiti has a strong focus on innovation and we continuously strive to create futuristic products to stay ahead of the market. Our recently launched product, Av3ar, is a Cognitive Computing and Machine Learning Platform with capabilities to Automate the IT Tasks and solve IT issues,” Rohil elaborated further.

The company serves Fortune 500 organizations across diverse industry verticals such as telecom, BFSI, manufacturing, retail, government institutions and consumer products.

Pune, India – August 1, 2015: Perpetuuiti TechnoSoft Inc., a leading IT Service Continuity and Availability Management solutions provider, today announced that they have launched 10 multilingual versions of their flagship products namely Continuity Vault, Continuity Patrol, Ops-Central and Dependency Discovery Engine (DDE). The new versions are available in Japanese, Korean, Thai, Spanish, Arabic, German, Mandarin, Malay and Indonesian, apart from English. The move is aimed at providing local support to customers and partners located in different countries, thereby increasing the global reach of Perpetuuiti.

Elaborating on the rationale behind launching multilingual products, Rohil, CEO at Perpetuuiti, says, “Many users who are quite conversant with new technologies still prefer the software interfaces to be in their native languages as it helps them work with greater ease and efficiency. Keeping this in mind, we decided to launch our products in some of the major foreign languages that are widely used in different countries. We hope this move will help us gain traction with both customers and partners, and strengthen our presence in these regions.”

Perpetuuiti’s products have been universally acclaimed for the value and control they provide to business organizations in the Management, Orchestration and Automation of IT Service Continuity and Availability. The same software products, along with their collaterals, have now been translated into local foreign languages to address the needs of key global markets. The translated products will be able to address the specific pain points and local issues of organizations that are perhaps not as comfortable using an English interface.

“Our multilingual product versions are an important milestone in our endeavor to connect better with partners and customers and ensure greater satisfaction among a diverse set of customers,” added Rohil.

Perpetuuiti has always strived to adapt with changing business environments and evolving technologies. It continuously innovates and keeps itself at pace with the emerging trends in the industry. The company has shown a promising growth since the previous year, and expects a further increase after this wide-scale multilingual launch.

Pune, India – July 17, 2015: Perpetuuiti TechnoSoft Inc., a leading business service continuity and availability management solutions provider, today announced the appointment of Robert W Frick to the company’s Board of Directors. He currently provides his extensive expertise in finance and business operations to seven companies and serves on a number of public and private boards, including that of Charles Schwab Bank, Lucas Film Limited and Responsys. His responsibilities will include providing an overall vision and guiding Perpetuuiti in its growth.

Commenting on the appointment, Rohil, CEO at Perpetuuiti said, “We are excited to have a business pioneer like Frick on our company board. I have worked with him at various profit and nonprofit organizations. I must say, he is a highly energetic and seasoned professional. His vision, energy and foresight are remarkable. We look forward to working under his guidance and benefitting from his judgment.”

Frick responds, “It’s an exciting time to be involved with Perpetuuiti’s team. Perpetuuiti is taking technology and businesses to new heights and are well aligned with various advancements in the industry. I’m honored to be a part of Perpetuuiti’s journey forward. ”

In a span of 27 years, Frick has served on the boards of more than 15 companies including large enterprises and VC-backed startups. He successfully led various divisions of Bank of America for more than 23 years in various capacities including Vice Chairman, Chief Financial Officer, and Head/ Executive in Charge, World Banking Group at Bank of America, Managing Director at Bank of America International, and President at Bank of America’s venture capital subsidiary. He also served as Executive VP, Financial Services Division.

In addition, he formed K.E.S. Management and serves as its Chairman. Frick served as Vice President of Finance and Director at Measurex. He also serves on the Boards of Kana Communications and five other private companies. Frick holds a B.S. in Civil Engineering and an MBA from Washington University in St. Louis, Missouri.

Click to Tweet: Announced today: @FrickW Joins @Perpetuuiti’s Board of Directors

Mumbai/ Bangalore, India – July 16, 2015: Perpetuuiti TechnoSoft Inc., a leading IT Service Continuity and Availability Management solutions provider, has launched its latest software product Av3ar, the next generation Artificial Intelligence system. The product is developed to address the pain points of CIOs and IT managers across verticals like Manufacturing, BFSI, Retail, Telecom and Government Institutions. Av3ar delivers end-to-end automated IT solutions that can dramatically improve productivity and enhance operational efficiencies to drastically reduce the cost of downtime. It is platform agnostic and compatible with multiple devices including PC, tablets and mobiles.

Rohil, CEO at Perpetuuiti commented, “We are thrilled to announce the launch of Av3ar, the first software product developed at our Chennai R&D facility for Artificial Intelligence. The product gets plugged into the IT infrastructure and absorbs data to learn the pattern of the IT environment. It automates the steps that are required to execute daily tasks and solve simple problems.”

Av3ar is trained to use Artificial Intelligence (AI) algorithms to sense, predict, analyze and solve IT issues. It provides a 360-degree view of the IT infrastructure to the user on a dashboard. This enables easy monitoring and helps the management make appropriate decisions. Additionally, it can be trained to handle daily operations through email/ chat inputs.

“Av3ar has been designed with a built-in analytics engine capable of predicting and solving probable issues and breakdowns”, Rohil further added.

Key features of Av3ar:

• A virtual system administrator which understands customer requirement and manages IT infrastructure from various perspectives as follows:
• Works as a DBA for multiple databases/li>
• Manages virtualization and cloud technologies/li>
• Works as BCP / DR / Replication Manager
• Storage / Backup Administration
• Network and Security Administration
• Windows / Unix / Linux / Mainframe Administration
• Assumes the roles of Digital Virtual Assistant and Voice Recognition Assistant
• Identifies problems based on ‘deep learning’ technology and resolves it based on real life experiences
• Interacts with humans, understands their requirements to complete tasks
• Can be deployed like virtual IT admins to follow Virtual IT managers for authorization and approval purposes

Pune, India – June 16, 2015: Perpetuuiti TechnoSoft Inc., a leading Business Service Continuity and Availability Management solutions provider, today unveiled its new R&D center in Chennai, giving a major boost to its research and development activities. The new lab will help Perpetuuiti in its innovation efforts, launching products in the emerging area of Artificial Intelligence, apart from its thrust on Business Service Continuity and Availability Management and Recovery Assurance products.

The new facility will play a critical role in developing competitive products for the global marketplace, creating innovative technology solutions that are well aligned with the various advancements happening in the area of Artificial Intelligence and Cognitive Computing.

Mr Rohil, CEO, Perpetuuiti, says, “As the industry increasingly focuses on emerging new technologies in the area of Artificial Intelligence, Perpetuuiti will ensure that it continuously innovates to create best-in-class products to meet the evolving needs of customers. Considering the fast pace at which technology is evolving today, it has become extremely critical for product companies to adapt to new business and technological changes that are happening around us. We believe our focus on R&D will give us a competitive edge and help us become innovation leaders in the Service Availability Management space.”

The expanded R&D centre will not just facilitate the development of Perpetuuiti’s new products, but will also provide value-added solutions to existing and potential customers. Of the products which are in pipeline, the first release is scheduled for iSAM (iNTELLIGENt Service Availability Management). iSAM is a comprehensive platform for Artificial Intelligence and Cognitive Computing.