DeepCoding appoints former ServiceNow VP and IT Titan Yuval Cohen as Executive Chairman

, AI, DeepCoding appoints former ServiceNow VP and IT Titan Yuval Cohen as Executive Chairman

The company’s latest successes attract serial tech entrepreneurs, that are joining DeepCoding to fuel the company’s hypergrowth

DeepCoding, the global AI-led ITSM delivery optimization company, today announces the appointment of Yuval Cohen as Executive Chairman, Yossi Cohen as a new Executive Advisory Board Member and special advisor to the CEO, and investment by a number of new, high profile strategic investors.

Yuval Cohen has been appointed Executive Chairman and has also made a capital injection into DeepCoding.  Until recently, he served five years as Vice President and Chief Information Security Officer at ServiceNow, building one of the most advanced security programs for the SaaS giant. He joined ServiceNow selling Neebula Systems a start-up he co-founded led as CEO until its successful $100 million exit.  Working in partnership with legendary and former ServiceNow CEO, Frank Slootman, the pair super-charged the company’s growth to reach its current market capitalization of $95 billion. Slootman is now CEO of Snowflake, the global cloud computing-based data warehousing company.

Yossi Cohen, founder of Panaya, joins DeepCoding as an Executive Advisory Board Member and investor; Panaya was sold to Infosys for $230 million. At Panaya, Yossi has built a world class SaaS enterprise sales organization, and will work closely with Sebastien Adjiman, DeepCoding’s CEO, to support the company’s hypergrowth. 

, AI, DeepCoding appoints former ServiceNow VP and IT Titan Yuval Cohen as Executive Chairman

DeepCoding has also secured some substantial strategic investments from a number of prestigious new investors including Prof Ehud Weinstein, Dr. Ofir Shalvi and Ariel Maislos. Together, these three software experts founded Anobit, which was acquired by Apple in 2012.

DeepCoding is the solution for companies needing to accelerate digital transformation, significantly reducing IT costs while enhancing efficiency without replacing their existing ITSM ticket tool. Its AI Autonomous ITSM Optimization Platform has been recognized by CIOs of  Global 2000 enterprises, as well as leading global management consulting firms. Most recently, DeepCoding was selected from more than 70 high-growth startups to be part of the first cohort of the Deloitte Launchpad program. As part of the partnership, Deloitte will offer DeepCoding’s solution to their Fortune 500 customers which will accelerate global expansion.

Sebastien Adjiman, Founder and Chief Executive of DeepCoding, said: “Yuval brings a wealth of IT security, data protection and software experience. His insights and proven track record, together with the new strategic investments, will support DeepCoding’s highly aggressive growth plans and will fuel our ability to deliver exceptional outcomes for our clients.”

Yuval Cohen, Executive Chairman of DeepCoding, said: “I am delighted to join DeepCoding. The company’s agnostic AI solution is the next frontier in autonomous optimization platforms and will transform the industry. This is the technology which the industry has been waiting for and an invaluable solution for Global 2000 CIOs to optimize their ITSM systems turning their departments into the core organizational transformation engine of their company.”

DeepCoding offers corporations the opportunity to run a Return On Investment simulation via its website at www.deepcoding.ai

Author

How connected technology can help property developers reach future net...

Matthew Margetts • 18th September 2021

Nations and businesses around the world are working towards net zero targets, and reducing utility consumption is an obvious step in the process. With this significant focus on energy efficiency, how can property developers ensure future net zero compliance? Matthew Margetts, Director of Sales and Marketing at Smarter Technologies, explores the answer.

Are digital neighbourhoods the future for commerce?

Amber Donovan-Stevens • 18th September 2021

It’s a trend that every retail business needs to get on board with – and fast – because in the digital neighborhoods of the future, people will ‘show up’ to online stores as an event; not only to browse and buy goods, but also to socialise and be entertained, just as they do in physical...

The metaverse: Why it matters for business

Amber Donovan-Stevens • 17th September 2021

James Morris-Manuel, EMEA Managing Director of Matterport, explores why the metaverse: virtual replica of the built world, made up of billions of digital twins, will fundamentally change how we experience, interact with, and analyse the space around us.

Why human psychology is the key to effective human-robot interaction...

Amber Donovan-Stevens • 07th September 2021

Craig Summers, UK Managing Director of Manhattan Associates, reflects on Manhattan Associates’ annual virtual event, Momentum Connect and its biggest takeaway. This was being treated to an excellent speaker session from Kate Darling, Professor of human-robot interaction, tech policy and ethics at MIT, looking at how people project human traits, qualities and emotions onto not just animals, but also...

Is ‘clicks and mortar’ the answer to future success for...

Amber Donovan-Stevens • 20th August 2021

The needs and desires of the modern consumer must be put first with a ‘Clicks and Mortar’ model, explains Russell Loarrdige, Director UK, ReachFive. There has been a shift in both customer expectations and attitudes, but if pure-play retailers recognise this and combine a personal online experience with immersive engagement, they too can succeed.

Join our webinar on 28th September: How the digital nomad generation influences business behaviour

X