Sonasoft (SSFT) Artificial Intelligence (AI) Consulting Services Books $650K in Orders
August 08 2019 - 9:17AM
InvestorsHub NewsWire
Sonasoft (SSFT) Artificial Intelligence (AI) Consulting Services
Books $650K in Orders
San Jose, CA -- August 8,
2019 -- InvestorsHub NewsWire -- Sonasoft Corp. (OTCQB: SSFT),
a leader in innovative artificial intelligence (AI) and data
management solutions, today announced that it has booked $650K in
orders in the previous month for its artificial intelligence (AI)
professional consulting services. These orders are directly
attributed to its recent acquisition of E-Connect Software, Inc.,
which was part of the Company’s overall strategy to expand into the
growing AI market.
"There is significant
market demand for the services of our team of data engineers and AI
experts,” said Jay Sen, VP of Customer Success & Delivery and
former CIO of E-Connect Software. "We just closed two
contracts supporting clients with some very innovative AI
initiatives. One of them involves helping a high-tech company
integrate its revenue recognition process and then enhance it with
custom-built analytics capabilities. With the same customer,
we will also help build its data architecture with advanced data
visualization. With another high-tech customer, we will help
build a data lake from many data sources including various supply
chains and assist the customer to mine this data with enterprise
reporting. Our knowledge in data engineering, advanced
analytics, and business intelligence and data warehousing (BI/DW)
architectures secured these opportunities for
Sonasoft."
Further updates regarding
the Company and its artificial intelligence (AI), enterprise
information archiving (EIA), and eDiscovery initiatives can be
expected as plans continue to
progress.
About
Sonasoft
Based in Silicon Valley
since 2003 Sonasoft is a public company (SSFT) providing solutions
that create significant competitive advantages from data, the most
valuable corporate asset in the digital economy. Our
artificial intelligence platform and software capabilities harness
data to enable businesses to accelerate and improve decision
making, increase operational efficiency, and automate critical
processes.
For more information
about Sonasoft, please visit:
https://www.sonasoft.com
For more information
about Sonasoft’s Professional Consulting Services for AI and Data
Science:
https://www.sonasoft.com/professional-services/data-science-consulting-ai-ml/
For more information
about Sonasoft’s Artificial Intelligence (AI) Solutions, please
visit:
https://www.sonasoft.com/products/artificial-intelligence-ai/
For investor-specific
information, please visit:
https://www.sonasoft.com/investors/
Investor
Contact:
Mike Khanna,
President
Sonasoft Corporation
Phone: (408) 708-4000
Forward-looking
Statements
This release contains
statements that constitute forward-looking statements. These
statements appear in a number of places in this release and include
all statements that are not statements of historical fact regarding
the intent, belief or current expectations of the Company, its
directors or its officers with respect to, among other things: (i)
the Company’s financing plans; (ii) trends affecting the Company’s
financial condition or results of operations; (iii) the Company’s
growth strategy and operating strategy; and (iv) the declaration
and payment of dividends. The words “may,” “would,” “will,”
“expect,” “estimate,” “anticipate,” “believe,” “intend,” and
similar expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, many of which are beyond the
Company’s ability to control, and that actual results may differ
materially from those projected in the forward-looking statements
as a result of various
factors.
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