Archive · 25 Jun 2025
Phaneesh Murthy Joins Covasant to Lead Enterprise AI Services
Imagine robots, but instead of just helping, they can run entire parts of a business!
That's the idea behind Covasant, a new company using something called Agentic AI.
A well-known tech leader, Phaneesh Murthy, who helped grow big tech companies before, is joining Covasant to help them build these smart robots.
These AI agents will handle complicated tasks like supply chains and financial audits.
The goal is to make businesses work more efficiently by using these AI-powered agents, making it a significant change in the tech world.
Phaneesh Murthy joins Covasant Technologies' Advisory Board as Non-Executive Director.
Covasant aims to lead the enterprise AI era with Agentic AI-led services.
Murthy is known for scaling Infosys and iGate into billion-dollar companies.
Covasant focuses on autonomous AI agents to run complex business processes.
Murthy sees Covasant's 'Services-as-Software' model as the next evolution in IT services.
- Who
- Phaneesh Murthy and Covasant Technologies.
- What
- Phaneesh Murthy joined Covasant Technologies' Advisory Board as a Non-Executive Director.
- When
- Not explicitly stated in the article.
- Where
- Not explicitly stated in the article.
- Why
- To shape Covasant’s strategic direction, drive innovation, and solidify their position in the Agentic AI field.
Current IT Services Model
Future of AI Services
Approach
Current IT Services Model
Focuses on scaling human expertise.
Future of AI Services
Empowers expertise with efficiency and autonomy powered by AI.
Services
Current IT Services Model
Offers traditional IT services.
Future of AI Services
Provides services-as-software based on AI.
- New Role
- Non-Executive Director
- Company
- Covasant Technologies
- Key Person
- Phaneesh Murthy
- Industry
- Enterprise AI and Agentic AI-led services