RhythmX AI is a new company chaired and invested by Romesh Wadhwani (Chairman of SymphonyAI Group) and is fully owned by the SAIGroup.
SAIGroup is one of the largest, fastest-growing players in enterprise AI. Our portfolio includes SymphonyAI and ConcertAI, both founded in 2017 and both are working with several hundred of the Fortune 1000, generating hundreds of millions in revenues, and employing 4000 employees globally. ConcertAI is the leader in real-world data and enterprise AI for life sciences and healthcare and recently at $1.9 billion valuation. SymphonyAI is the leader in enterprise AI for key vertical sectors, including retail, financial services, manufacturing, and IT operations, and has hundreds of millions of dollars in revenue.
Now, for his third pillar under the SAIGroup, Dr. Romesh Wadhwani is starting a company called RhythmX AI and fully anticipates it, too, will become a unicorn- joining his first two successful companies SymphonyAI and ConcertAI. Deepthi Bathina, formerly a Chief Product Officer at Humana, and Senior Executive & GM of Operations at Nuance Communications and COO of Wolter Kluwers HealthTech division, has joined as CEO, bringing years of healthcare, AI and business experience to the team.
Prior to founding SAIGroup, Dr. Wadhwani was the founder and CEO of Symphony Technology Group, a strategic private equity firm that builds great software and technology-enabled services companies. Dr. Wadhwani founded STG in 2002, growing it from startup to $ 2.5 billion in combined revenue and 15,000 employees. Dr. Wadhwani was the founder and CEO of Aspect Development Inc., a B2B software firm. Aspect Development was acquired in 2000 for $9.3 billion, the largest software acquisition at the time. TIME Magazine recently recognized our Chairman Romesh as one of the Top 100 Most Influential AI leaders in the world.
Under the highly engaged leadership of successful Silicon Valley serial entrepreneur Dr. Romesh Wadhwani who has committed $1B of his personal capital to SAIGroup’s growth and the success of our clients, we are launching RhythmX AI to market with a clear path to a minimum $1+ billion value outcome. We need passionate and purpose-driven leaders who want to change the trajectory of healthcare for generations to come to be part of our leadership team.