Antuit.ai, the leader in SaaS Artificial Intelligence (AI) demand forecasting solutions, today announced the appointment of Sivakumar (Siva) Lakshmanan and Yogesh Kulkarni as joint-CEOs.
The pair, who bring decades of experience working with some of the world’s largest consumer product companies (CPG) brands, including PepsiCo, Nike and adidas, succeed outgoing CEO, Craig Silverman, who leaves the company to take up a new position.
With the most accurate demand forecasting and advanced omnichannel inventory optimisation for supply chain, merchandising and marketing, Antuit.ai empowers world-class retailers, brands and CPGs to digitally transform their businesses and achieve substantial business results through the application of intelligent, unified data science.
Yogesh was most recently COO of the Merchandising and Marketing business unit at Antuit.ai. Prior to that, he co-founded Prognos, a boutique retail and consumer brands-focused advanced analytics firm, which served global brands including PepsiCo, MillerCoors, Nike and adidas, supporting their price optimisation, demand forecasting and personalisation capabilities. Siva Lakshmanan was previously COO of AI Forecasting and Supply Chain at Antuit.ai and before that was a leader for supply chain analytics at IBM Global Consulting Group, responsible for solution sales and implementing enterprise supply chain.
Commenting on the appointments, Neeraj Bhargava, Chairman of the Board at Antuit.ai, commented:
“Siva and Yogesh have played key roles in Antuit.ai’s success as business unit leaders and co-COOs, working together for the past six years to build great AI SaaS products and attracting leading retail and CPG customers from around the world. Both are heavily involved in all aspects of managing the company, so this is a logical move that will keep the focus on company growth and success. We also want to thank Craig Silverman for his help transitioning Antuit.ai to a product company and positioning it for future growth.
“We are extremely proud of our unique innovation-driven culture that makes Antuit.ai a great place to work for the best brains in the industry for building AI products. We want to build on this strong foundation to make Antuit.ai the most innovative AI software company for Retail and CPG industries,” said Yogesh.
“Relentless focus on continued value creation for our customers using innovative AI products has been the cornerstone for Antuit.ai’s success and growth. More than ever we are committed to leveraging AI and technology to help our customers do more with less, as they navigate their transformation journey towards sustainable, responsible and successful enterprises,” Siva added.