ComplianceQuest Applauded by Frost & Sullivan for Enabling Better Business Decisions, Intelligent Automation, Generative Assistance and Proactive Approach through Predictive AI with Its Digital Quality+ Platform

October 09, 2024 03:00 AM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

ComplianceQuest's Digital Quality+ Platform supports higher user adoption, increased operational efficiency and revenue while managing costs and risks across products, people, partners, processes and performance ultimately resulting in improved data, product quality, and innovation.

SAN ANTONIO, Oct. 9, 2024 /PRNewswire/ -- Frost & Sullivan recently assessed the quality AI market and based on its findings, recognizes ComplianceQuest with the 2024 Global Product Leadership Award. The company provides real applied AI for quality, going beyond basic AI and including hyper-automation, intelligent analytics, generative and conversational AI, and other core AI features that enhance human capabilities. This enables users to complete processes faster, more efficiently, and with fewer errors than a traditional enterprise quality management system (EQMS). Rather than using technical jargon to accompany its AI technology, ComplianceQuest provides easy-to-understand "built-in" functionality for its customers to augment user capabilities and provide them with all the necessary information to make smarter decisions and complete their tasks. Overall, ComplianceQuest's applied AI agents help users automate tasks, save time, reduce costs, eliminate redundancy, improve data integrity and quality, and minimize data errors. CQ.AI Agents include quality, supplier, decision support, audit/risk, safety, assisted summaries, conversational assistant and user experience agents.. AI functionality includes:

ComplianceQuest_Award
ComplianceQuest_Award
  • Assisted decision-making—provides insights for faster and better decision-making
  • Intelligent hyperautomation —automates tasks using AI without manual effort
  • Guides/Assistants— enhanced next-best actions/tasks provide recommendations to guide users to complete tasks and processes, helping with user adoption
  • Smart recommendations—provides users recommendations to increase efficiency
  • Predictive visibility—predicts future events based on current and historical data to enable proactive quality and risk actions
  • Assisted Summaries – automatically generates a summary of investigation text and data for users to finalize and submit
  • Conversational Assistant – using familiar tools like Microsoft Teams, enables a user to submit information, where AI Assistant correlates it with system data, validates it, and then automatically generates the record

ComplianceQuest's AI identifies similar records, provides users with information based on their search, and assigns a rating associated with records to assist in decision-making. Its applied AI initiatives in the EQMS space deliver real use cases with clear ROI and certainty to business leaders, all without requiring significant customer changes. ComplianceQuest's Digital Quality+ Platform integrates AI into its three suites: QualityQuest, ProductQuest for Design Quality and PLM functionality, and SafetyQuest for EHS. The platform's intelligent analytics include Quality Maturity Index (QMI), management review with quality QBR dashboards, and supplier performance ratings, give quality executives the visibility to achieve organizational goals.

Sankara Narayanan, industry director for Frost & Sullivan, observed, "ComplianceQuest has been introducing AI into its platform over the past four years, integrating it into all processes to help with productivity, efficiency, and predictive visibility to minimize risk and to enhance decision-making within an organization. The company expands its AI capabilities with each release. ComplianceQuest has embedded applied AI agents within many of its solutions to operate in areas such as decision support, audit/risk, complaints, quality, safety, supplier management, and user experience."

ComplianceQuest's

  • AI-Infused functionality,
  • Digital SOPs (operational step-by-step text/image/video work instructions to augment frontline workers),
  • Process Record Management (supporting additional quality and operational processes),
  • CQ Forms (for collecting additional information for CQ records and processes),
  • Quality Maturity Index with predictive scoring to benchmark quality to metric targets,
  • Intelligent Analytics to report on any and all data,

combined with a modern user experience, complete flexibility, unified solutions, and collaboration capabilities significantly differentiate this next-gen platform.

"ComplianceQuest embeds AI into every process and leverages it across the platform, delivering digital quality advantages for all businesses. Its next-gen platform's higher user adoption, increased productivity, better business decision-making, improved innovation, and optimized operations further enhance the customer value proposition," added Sankara Narayanan. With its strong overall performance, ComplianceQuest earns Frost & Sullivan's 2024 Global Product Leadership Award in the quality AI market.

Each year, Frost & Sullivan presents this award to the company that has developed a product with innovative features and functionality that is gaining rapid market acceptance. The award recognizes the quality of the solution and the customer value enhancements it enables.

"We're honored to receive this award from Frost & Sullivan, which highlights our mission to revolutionize and disrupt quality management through AI and hyperautomation," said Prashanth Rajendran, CEO of ComplianceQuest. "At ComplianceQuest, we believe that AI isn't just a buzzword; it's a core driver of operational excellence and innovation that helps organizations make smarter decisions, improve productivity, and drive continuous improvement across the value chain."

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion.

Contact:
Camila Tinajero
P: +54911 6713 2748
E: [email protected]

About ComplianceQuest

Transform to a fully connected business with a next-generation AI-powered Product Lifecycle, Quality, Safety and Supplier management platform, built on Salesforce.

Our connected suite of solutions helps businesses of all sizes increase product, quality, safety, and supplier as they bring their products from concept to customer success. Our intelligent data-driven platform comes with best-in-class integrated processes to mitigate risks, protecting your employees, suppliers and brand reputation, and to increase innovation, compliance, profit and customer loyalty. ComplianceQuest is pre-validated and easy to implement, use, and maintain, allowing for streamlined communication and collaboration across the product value chain.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

Two ASX Listed Stocks Giving Bullish Indications

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.