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Entrepreneur Files
Intigma
UT Connection: Kirit Pandit, MBA 97,
Todd Copeland MBA 98, Raj Menon, Option II MBA 00
Location: Dallas; Pune, India
Sensing an opportunity in e-catalog management while working on a supply chain management project at Deloitte Consulting, Kirit Pandit and a former colleague at IIT Bombay developed a unique Artificial Intelligence-based technology. They followed up with an experimental pilot project at a b2c company in Dallas. The good results strengthened their resolve to take the technology to the next level. The company they founded, Intigma, provides e-catalog management services for b2b exchanges and portals worldwide, combining patent-pending technology based on Artificial Intelligence, and skilled off-shore resources to significantly reduce startup costs and time-to-market for b2b exchanges.
“The second wave of the Internet revolution is about eliminating the hurdles that are reducing the efficiency of conducting business via this new channel,” says Pandit. “The agonies of non-standard catalog content, incompatible platforms, differing product taxonomies, and cross-border challenges like languages and tariffs all impede the smooth flow of information and processes.”
While there is no magic solution that can yield frictionless commerce immediately, says Pandit, Intigma believes that the starting point is the adoption of universal e-catalog standards. “After all, transactions are consummated only when e-catalog agents start intelligently communicating with each other.” The company’s services facilitate the creation of structured, intelligent catalogs from the maze of multi-formatted content that is currently out there.
Two and a half million dollars in funding from eVentures India Pvt. Ltd., will help to build a team of 100 IT professionals in India and the U.S. by the end of this year. For more information, visit the company’s website at www.intigma.com.
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