The company wants to target Indian developers, IT firms and other enterprises as it plans to capture the country’s artificial intelligence market that is expected to touch $4.2 billion by 2030, chief executive Ashok Reddy said.
KX Systems is planning to enter the India market and set up sales and research & development offices in Bengaluru and Mumbai, a top executive at the software firm said.The company wants to target Indian developers, IT firms and other enterprises as it plans to capture the country’s market that is expected to touch $4.2 billion by 2030, chief executive Ashok Reddy said.KX Systems is a wholly owned subsidiary of LSE-listed . The UK- and New York-based firm said it is expected to add 50 jobs in India in the first phase of expansion in the short to medium term.“KX started off helping customers on Wall Street about 20-25 years ago to aid in big data- and real-time data-based testing to make investment strategies to beat the market.
