SA-based AI startup Cortex Logic secures investment to expand to Europe & USA

South African based Artificial Intelligence Software & Solutions provider Cortex Logic has raised growth investment to expand it’s reach to new clients in Europe & USA.

Cortex Logic helps businesses solve complex business problems using the power of AI using its unique AI Engine for Business that solves strategic and operationally relevant problems by mobilising Data Science, Internet of Things (IoT) and Big Data & Analytics.

According to Cortex Logic Founder and CEO Dr Jacques Ludik, “The investment is a great endorsement not only of our team, products and growth strategy but also an acknowledgement the reality that enterprises around the world are now deploying artificial intelligence powered solutions to secure a competitive advantage – this cannot the ignored. Operationalisation of real-world Artificial Intelligence / IR4.0 technologies are now firmly on every executive scorecard either at the piloting phase or in production and deployment.”

Ludik added, “We have already established Cortex Logic here in South Africa and our expansion plans not only encompass Africa but also UK and USA.”

Cortex Logic has a range of artificial intelligence based business technologies, platforms and services. It’s also consulting with and supporting some of the most prominent brands in SA of which a number are JSE listed and global businesses in a range of sectors, from mining to banking, health to insurance and communications to retail.

“Every sector of commerce will be impacted by AI and we are now attracting interest from Europe and USA, so this is just a natural step in our growth plan,” said Ludik.

The investment allows the firm to on-board more staff and grow its operations. Cortex Logic is currently recruiting for data scientists, developers and analysts with experience in machine learning, deep learning and complex solution development.

READ  Pros and Cons of Home Equity Line of Credit

%d bloggers like this: