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Axiamatic, Saratoga, California, United States: Axiamatic

Company: Axiamatic, Saratoga, CA
Company Description: Axiamatic AI is an award-winning, Continuous Assurance SaaS Service that identifies hidden risks and enables proactive actions to reduce costs, delays, and quality risks of ERP modernization programs.
Nomination Category: New Product & Service Categories - Technology Solutions
Nomination Sub Category: ERP Solution
2024 Stevie Winner Nomination Title: Axiamatic
  1. Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the nominated new or new-version product or service, OR written answers to the questions for this category? (Choose one):
    Written answers to the questions

     

  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.

     

  3. If you are providing written answers for your submission, you must provide an answer to this first question: If this is a brand-new product, state the date on which it was released. If this is a new version of an existing product, state the date on which the update was released:

     

    Axiamatic AI’s Continuous Assurance SaaS product for ERP modernization projects was released in May 2024.

  4. If you are providing written answers for your submission, you must provide an answer to this second question: Describe the features, functions, and benefits of the nominated product or service (up to 350 words):

     

    Total 347 words used.

    According to Gartner, 50%+ of all ERP modernizations are over schedule and budget, the average budget overrun is 66%, and 70%+ fail to meet their original business goals. These outcomes stem from common root causes: stakeholder misalignment, missed requirements, inadequate change management, and late surprises requiring rework.

    Axiamatic AI identifies hidden risks and enables proactive actions to address these root causes and assure that the ERP modernization program does not incur unwarranted costs and delays or miss business goals.

    Axiamatic AI is comprised of:

    • a proprietary knowledge base of the multi-level processes in SAP, Oracle, and Dynamics 365, built with the expertise of tenured consultants and proven through successful customer deployments
       
    • a model of implementation-specific leading indicators of potential risks
       
    • an extensive library of connectors to ingest an organization’s non-sensitive implementation data and project artifacts, and to connect with communication tools like Teams and Slack
       
    • a self-learning platform with autonomous agents leveraging leading LLMs, with complete isolation across customers and the highest enterprise privacy and security controls

    Key stakeholders like Program Management Office (PMO), Business Process Owners (BPO), Subject Matter Experts (SME), and Organizational Change Management Owners (OCM) get a Teams- or Slack-based Assistant. It proactively notifies them of issues needing their attention, tracks issues to closure, and takes conversational instructions from them to simplify their work.

    Axiamatic AI runs in an autonomous loop, constantly monitoring progress, and interacting with key stakeholders through their Assistants. Where available, it connects with existing systems to continually ingest existing implementation artifacts such as business case documents, KDDs (Key Design Decision) documents, user stories, workshop recordings, meeting minutes, etc. It analyzes them to predictively identify leading indicators of risk and in real time engages with relevant stakeholders, recommends specific actions, and follows through to track issues to closure. By identifying and closing these issues early, it reduces delays, rework, and change management challenges.

    Axiamatic comes with out-of-the-box reporting and dashboards for reviews by Stakeholders. At every step, Axiamatic provides a prompt interface (like ChatGPT’s chat interface), recommends situation-specific prompts, and responds to prompts from stakeholders to give them deep, contextualized insights.

     

  5. If you are providing written answers for your submission, you must provide an answer to this third question: Outline the market performance, critical reception, and customer satisfaction with the product or service to date. State monetary or unit sales figures to date, if possible, and how they compare to expectations or past performance. Provide links to laudatory product or service reviews. Include some customer testimonials, if applicable (up to 350 words):

     

    Total 350 words used.

    Customers have seen these benefits:

    • 20%+ reductions in cost and schedule
       
    • 100,000+ hours reduction in cumulative stakeholder time
       
    • 15-25% reduction in customizations, resulting in reduced costs and delays in the initial go-live and reduced maintenance costs with every release of the underlying ERP platform
       
    • Improved test coverage for key business requirements
       
    • Early, by many quarters, identification of pockets of change resistance, which when addressed proactively improved end-user adoption and business value realization

    Axiamatic AI serves enterprise customers across various industries, for example, Heico (Manufacturing), Electronic Arts (Gaming), Las Vegas Sands (Hospitality), Zoetis (Pharmaceuticals), Western Digital (Electronics), Marmon (Multi-sector Engineering Solutions), Ford (Automotive), TELUS (Telecommunications), and Adobe (Hi-tech).  Our annual contracts average $300k. Note: our customer list is confidential and should not be shared without prior approval.

    Tom Gerdes, EVP/CIO of Heico states, "Axiamatic has transformed our operations. By placing Axiamatic at the core of our delivery methods, we receive automated and actionable insights that significantly increase the value of our ERP projects. The results have been nothing short of outstanding."

    In addition to executive stakeholders like CIOs, CFOs, and COOs, Axiamatic is popular with operational stakeholders like business process owners, change management specialists, and project managers. Below are some of their experiences with Axiamatic:

    • “Axiamatic catches risks early, the difference between success and failure.”
       
    • “Knowing change risk early was a game changer – it saved a lot of frustrations and rework.”
       
    • “Axiamatic has saved me time. It is my trusted assistant.”
       
    • “The efficacy of risks uncovered is spot on.”
       
    • “We are human and miss things. Every BPO is a fan.”
       
    • “Not going back to ERP without Axiamatic.”

    In December 2024, ERP Today recognized Axiamatic as the winner of the Operational Innovation of the Year award and a finalist of the AI and Innovation of the Year award.

    Axiamatic AI benefits from the advice of a distinguished advisory board of customer CIOs/CFOs, retired leaders from the big 4 consulting companies, and industry experts such as Dr Prakash Easwaran, previously the VP of Business and Technology Advisory in the Chief Customer Office at SAP.

     

  6. You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):

     

    Total 14 words used.

    I have attached an architecture diagram to visualize the features and functions of Axiamatic.  

     

Attachments/Videos/Links:
Axiamatic
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