(from left) Prakash Anthony, CEO and Co-Founder, Korcomptenz Inc, USA; Clara D’Silva, President and Founder; and Christian Twiste, Chief Digital Officer, at a press conference, in Chennai on Thursday
| Photo Credit:
BIJOY GHOSH
Korcomptenz Inc., the US-based IT company, is expanding its presence in India by setting up an artificial intelligence (AI) Innovation Hub in Chennai. The hub was launched on Wednesday, The company has set up offices in the city and Hyderabad, the company’s President Clara D’Silva, told newspersons on Thursday.
The hub will be used to showcase the company’s AI-powered solutions to industries like manufacturing, retail, banking, financial services and healthcare, she said..
As a global partner for Microsoft, SAP and Salesforce, Korcomptenz has around 350 employees globally with 250 in Chennai. The company’s clients in clude Dentsply Sirana, Berkshire Hathaway, Adfast, Napoleon and Westlife Foodworld.
Prakash Anthony, CEO and Co-founder, Korcomptenz, said, the AI innovation hub will be critical for the company’s India expansion initiatives. “We want to create IPs and AI patents in 1-2 years to get a turnover of $100 million,” he added.
The company’s current revenue is around $50 million, and is likely to reach around $300 million in 3-4 years, said Anthony.
Christian Twiste, Chief Digital Office, Korcomptenz, said the company engages with clients on e-commerce, web content management, mobile applications. It enables ERP implementation, support and audit, and infrastructure management. The company also accelerates AI, analytics and business insights for clients.
Published on May 8, 2025
