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On August 27, 2024
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Datamatics partners with Microsoft to develop its own AI-focused copilot solutions
Datamatics has launched a Partner On-boarding Copilot available on the Microsoft Teams store which integrates Azure OpenAI with Datamatics Intelligent Automation Platform. With this new feather in the cap, Datamatics was recognized as one of the ISVs building an ISV custom copilot solution and they were featured in the Microsoft Build 2024 conference held in Seattle, USA, along with a prominent mention in the blog by Merav Davidson, Vice President, Industry AI from Microsoft.
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Datamatics partners with Microsoft on AI Copilots, recognized as Top ISV
Datamatics, a global digital technology company, has partnered with Microsoft to develop copilot solutions for process automation, the company announced today. Datamatics launched a Partner On-boarding Copilot on the Microsoft Teams store, integrating Azure OpenAI with its Intelligent Automation Platform. The company was recognized as a top Independent Software Vendor (ISV) building custom copilot solutions at the Microsoft Build 2024 conference in Seattle. At 2:05 PM on the BSE, Datamatics' stock price surged to ₹673.20, marking an increase of ₹112.20 or 20.00%. Datamatics is advancing its collaboration with Microsoft as a beta partner for private preview Copilot initiatives aimed at developers. The company has also been highlighted in Microsoft's "AI First Movers" series for its impactful use of AI at scale. Also read: Datamatics secures spot in Gartner Magic Quadrant for third consecutive year Rahul Kanodia, Vice Chairman and CEO of Datamatics, said, " We are thrilled to be named one of Microsoft's top ISV partners globally and to be highlighted in the 'AI First Mover' Series. Microsoft Copilot and the Generative AI space offer significant opportunities for businesses to automate and unlock their untapped potential. Our collaboration with Microsoft is driven by a shared commitment to empower organizations worldwide. We will continue to introduce Copilot-based products and services to accelerate business transformation for our clients." SHARE Copy linkEmailFacebookTwitterTelegramLinkedInWhatsAppRedditPublished on August 27, 2024
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Datamatics, a global Digital Technologies, Operations, and Experiences company, has partnered with Microsoft to develop its own AI-focused Copilot solutions. The collaboration aims to enhance productivity and efficiency across various industries.
Datamatics Global Services Ltd, a prominent player in Digital Technologies, Operations, and Experiences, has announced a strategic partnership with Microsoft to develop cutting-edge AI-focused Copilot solutions 1. This collaboration marks a significant step in the integration of artificial intelligence into business operations across various sectors.
The partnership will see Datamatics utilizing Microsoft's advanced technology stack, including Azure OpenAI Service, to create innovative Copilot solutions 2. These AI-powered tools are designed to enhance productivity and efficiency in different business functions, potentially revolutionizing how companies operate in the digital age.
In a notable achievement, Datamatics has been recognized as one of the top Independent Software Vendors (ISVs) in Microsoft's AI Copilot Program 2. This accolade underscores the company's expertise in developing AI solutions and its strong relationship with Microsoft.
Datamatics plans to integrate these AI Copilot solutions into its existing products and services 1. The company aims to enhance its offerings in areas such as Robotic Process Automation (RPA), Business Intelligence (BI), and Automated Fare Collection (AFC) for smart cities. This integration is expected to provide clients with more intelligent, efficient, and user-friendly solutions.
The announcement of this partnership has had a positive impact on Datamatics' market performance. The company's shares saw a significant increase, trading 5.56% higher at ₹551.90 on the BSE 1. This surge reflects investor confidence in the potential of AI-driven solutions and Datamatics' strategic direction.
The collaboration between Datamatics and Microsoft signifies a growing trend in the tech industry towards AI-powered business solutions. As companies increasingly seek to leverage AI to streamline operations and boost productivity, partnerships like this are likely to become more common, potentially reshaping the landscape of enterprise software and services.
Reference
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Microsoft announces the second wave of Copilot, expanding AI integration across its 365 product suite. The update introduces new features and capabilities aimed at enhancing productivity and creativity for businesses and individual users.
24 Sources
Microsoft CEO Satya Nadella highlights GitHub Copilot's impact on revenue growth and its widespread adoption by major organizations across various industries.
2 Sources
Microsoft announces the second wave of Copilot AI integration, bringing advanced AI capabilities to PowerPoint, Outlook, Teams, and other Office 365 applications. This update aims to enhance productivity and streamline workflows for users across the Microsoft ecosystem.
6 Sources
Microsoft introduces AI agents and updates to Copilot for Microsoft 365, aiming to boost adoption and productivity in the workplace. The new features include task delegation to AI agents and improved integration across Office applications.
2 Sources
Microsoft's AI assistant Copilot promises to transform office work, but early adopters face challenges in implementation and employee adoption. The technology shows potential but requires careful integration and management.
2 Sources