Jiva.ai continues to make significant strides in business development this quarter. Momentum continues to build with positive gains in their SaaS+Consultancy model. Key achievements include the near completion of their Amazon marketplace placement and a substantial SaaS sale to a UN-affiliated NGO. Additionally, Jiva has initiated the Syndesis project and launched two new spin-outs, Fusion42 and Kavarney. Promising discussions are also underway with Continuum, Nortal, and TATA Consulting for potential reseller contracts.
Jiva is also expanding its team and enhancing its product offerings. They welcomed two new hires: Elis Jones, a talented UI/UX developer, and Ramesh Kumar, an experienced DevOps engineer. With an expected cash injection in July, further expansion of their technology team is anticipated. On the product front, Jiva’s AI platform is set to receive a significant update with a new UI release expected in July, followed by scalability improvements. Key R&D projects, including the development of the “Magic Node” AI and automation pipeline and the application of model fusion to a real-world asthma use case, are also underway. These advancements will enhance the platform’s capabilities and address critical health challenges.
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