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Draft:SymphonyAI

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  • Comment: Everything I see in the draft is WP:ROUTINE. We need to see sources meet WP:CORPDEPTH. Also, based on the promotional tone, I would say there is a connection between submitter and the topic. Please review WP:COI and WP:PAID and make the appropriate disclosure. It is okay if you have a connection, but it is not okay if you fail to disclose such. CNMall41 (talk) 16:24, 9 June 2025 (UTC)

SymphonyAI
Company typePrivate
IndustrySoftware
Founded2017; 8 years ago
FounderRomesh Wadhwani
HeadquartersPalo Alto, California, U.S.
Key people
Romesh Wadhwani (chairman), Sanjay Dhawan (CEO)
Number of employees
2500 (2025)
Websitesymphonyai.com
Footnotes / references
[1]

SymphonyAI is a U.S.-based enterprise artificial intelligence (AI) software company that specializes in providing predictive and generative AI solutions across various industries, including retail, consumer packaged goods (CPG), financial services, industrial manufacturing, media, and enterprise IT.[2] The company was founded in 2017 by Romesh Wadhwani and is headquartered in Palo Alto, California.[1]

History

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SymphonyAI was established in 2017 by technology entrepreneur Romesh Wadhwani. The company focuses on developing AI-driven software applications tailored to specific industry verticals.[1]

Operations and Growth

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As of 2023, SymphonyAI reported a revenue run rate approaching $500 million and stated it had achieved profitability, with an annual growth rate of approximately 25%.[3][4][5][6] The company serves over 2,000 customers worldwide, including notable firms such as PepsiCo. SymphonyAI employs more than 2,500 individuals across 33 countries.

Acquisitions

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In July 2022, SymphonyAI expanded its financial services portfolio by acquiring NetReveal, a financial crime detection business from BAE Systems. The acquisition strengthened its offerings in regulatory compliance and financial crime prevention.[7]

Products and Technology

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SymphonyAI develops AI-powered software solutions designed for specific industry challenges. In 2023, it launched Eureka GenAI, a platform combining predictive and generative AI technologies aimed at transforming enterprise workflows and enhancing decision-making.[8]

The company's product suite includes applications for retail, Consumer Packaged Goods (CPG), financial crime detection, industrial data operations, IT service management, and media content monetization.[9]

Recognition

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In 2024, SymphonyAI was named Microsoft's Business Transformation: AI Innovation Partner of the Year.[10] That same year, it was ranked #7 in The Software Report’s "Top 25 Artificial Intelligence Companies of 2024"[11]

References

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  1. ^ a b c Fannin, Rebecca (2023-12-08). "How a 75-year-old Indian-American tech entrepreneur is betting $1 billion of his own fortune on AI's future". CNBC. Retrieved 2025-01-26.
  2. ^ dwillis (2024-04-10). "How SymphonyAI's sanctions screening system looks to transform sanctions". FinTech Global. Retrieved 2025-01-26.
  3. ^ Feldman, Amy. "Tech Billionaire Romesh Wadhwani Replaces Himself As CEO As He Considers Taking SymphonyAI Public". Forbes. Retrieved 2025-01-26.
  4. ^ Brown, Michael (2023-08-09). "On the Hunt: SymphonyAI's M&A Algo". The Deal. Retrieved 2025-01-26.
  5. ^ Hu, Krystal (2024-07-16). "SymphonyAI targets second half 2025 IPO with $500 million in revenue run rate". reuters.com.
  6. ^ Louise, Nickie (2024-07-16). "Profitable AI startup SymphonyAI eyes late 2025 IPO after strong growth of $500 million revenue run rate - Tech Startups". Tech Startups. Retrieved 2025-01-26.
  7. ^ Christopher, Elena (2022-08-17). "SymphonyAI acquires NetReveal to try and fight financial crime differently". HFS Research. Retrieved 2025-01-26.
  8. ^ Burt, Jeffrey (2024-02-13). "You Can Build GenAI From Scratch, Or Go Straight To SaaS". The Next Platform. Retrieved 2025-01-26.
  9. ^ "SAIGroup". SAIGroup. June 9, 2025. Retrieved June 9, 2025.
  10. ^ John, Amy Sarah (June 28, 2024). "Microsoft unveils 2024 Partner of the Year Award winners and finalists". Wire19. Retrieved June 9, 2025.
  11. ^ "Top 25 Artificial Intelligence Companies of 2024". The Software Report. February 13, 2024. Retrieved June 9, 2025.
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