STOCK TITAN

AI Simulation Leader Cosmo Tech Appoints Andre M. Boisvert as Lead Independent Director

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management AI

Cosmo Tech, a leader in AI Simulation software, has appointed Andre M. Boisvert as Lead Independent Director and Strategic Advisor. Boisvert brings over 40 years of experience from roles at IBM, Oracle (former Senior VP of WW Marketing), and SAS Institute (former President and COO).

Boisvert previously served on boards of public companies including VA Linux (NASDAQ:LNUX) and Sagent Technologies (NASDAQ:SGNT). He co-founded Pentaho, which was acquired by Hitachi Data Systems for over $500M. His appointment follows Insight Partners' majority investment and co-investment from former Accenture executives.

Founded in 2010, Cosmo Tech specializes in AI-Simulation software for enterprise decision making and business optimization, serving manufacturing, automotive, energy, and transportation sectors.

Cosmo Tech, leader nel software di simulazione AI, ha nominato Andre M. Boisvert come Direttore Indipendente Principale e Consulente Strategico. Boisvert porta con sé oltre 40 anni di esperienza in ruoli presso IBM, Oracle (ex Senior VP di Marketing a livello mondiale) e SAS Institute (ex Presidente e COO).

In precedenza, Boisvert ha fatto parte dei consigli di amministrazione di aziende pubbliche tra cui VA Linux (NASDAQ:LNUX) e Sagent Technologies (NASDAQ:SGNT). Ha co-fondato Pentaho, acquisita da Hitachi Data Systems per oltre 500 milioni di dollari. La sua nomina arriva dopo l'investimento di maggioranza di Insight Partners e il co-investimento da parte di ex dirigenti di Accenture.

Fondata nel 2010, Cosmo Tech è specializzata in software di simulazione AI per decisioni aziendali e ottimizzazione, servendo i settori della manifattura, automobilistico, energetico e dei trasporti.

Cosmo Tech, líder en software de simulación de IA, ha nombrado a Andre M. Boisvert como Director Independiente Principal y Asesor Estratégico. Boisvert aporta más de 40 años de experiencia en roles en IBM, Oracle (ex VP Senior de Marketing Mundial) y SAS Institute (ex Presidente y COO).

Anteriormente, Boisvert ha servido en las juntas de empresas públicas, incluyendo VA Linux (NASDAQ:LNUX) y Sagent Technologies (NASDAQ:SGNT). Co-fundó Pentaho, que fue adquirida por Hitachi Data Systems por más de $500 millones. Su nombramiento sigue a la inversión mayoritaria de Insight Partners y la co-inversión de ex ejecutivos de Accenture.

Fundada en 2010, Cosmo Tech se especializa en software de simulación de IA para la toma de decisiones empresariales y la optimización de negocios, sirviendo a los sectores de manufactura, automotriz, energético y transporte.

Cosmo Tech는 AI 시뮬레이션 소프트웨어의 선두주자로, Andre M. Boisvert를 수석 독립 이사 및 전략 고문으로 임명했습니다. Boisvert는 IBM, Oracle(전 세계 마케팅 수석 부사장) 및 SAS Institute(전 사장 겸 COO)에서 40년 이상의 경험을 가지고 있습니다.

Boisvert는 VA Linux(NASDAQ:LNUX)와 Sagent Technologies(NASDAQ:SGNT)와 같은 상장 회사의 이사회에서도 활동했습니다. 그는 Hitachi Data Systems에 의해 5억 달러 이상에 인수된 Pentaho를 공동 설립했습니다. 그의 임명은 Insight Partners의 대다수 투자 및 이전 Accenture 임원들의 공동 투자가 뒤따릅니다.

2010년에 설립된 Cosmo Tech는 기업 의사결정 및 비즈니스 최적화를 위한 AI 시뮬레이션 소프트웨어를 전문으로 하며, 제조, 자동차, 에너지 및 운송 분야에 서비스를 제공합니다.

Cosmo Tech, un leader dans les logiciels de simulation par IA, a nommé Andre M. Boisvert en tant que Directeur Indépendant Principal et Conseiller Stratégique. Boisvert apporte plus de 40 ans d'expérience de ses fonctions chez IBM, Oracle (ancien VP Senior du Marketing mondial) et SAS Institute (ancien Président et COO).

Auparavant, Boisvert a siégé dans des conseils d'administration d'entreprises publiques telles que VA Linux (NASDAQ:LNUX) et Sagent Technologies (NASDAQ:SGNT). Il est co-fondateur de Pentaho, qui a été acquis par Hitachi Data Systems pour plus de 500 millions de dollars. Sa nomination fait suite à l'investissement majoritaire de Insight Partners et au co-investissement d'anciens dirigeants d'Accenture.

Fondée en 2010, Cosmo Tech se spécialise dans les logiciels de simulation par IA pour la prise de décision d'entreprise et l'optimisation des affaires, servant les secteurs de la fabrication, de l'automobile, de l'énergie et du transport.

Cosmo Tech, ein führendes Unternehmen im Bereich AI-Simulationssoftware, hat Andre M. Boisvert als leitenden unabhängigen Direktor und strategischen Berater ernannt. Boisvert bringt über 40 Jahre Erfahrung aus verschiedenen Positionen bei IBM, Oracle (ehemaliger Senior VP für weltweites Marketing) und SAS Institute (ehemaliger Präsident und COO) mit.

Boisvert war zuvor in den Aufsichtsräten öffentlicher Unternehmen tätig, darunter VA Linux (NASDAQ:LNUX) und Sagent Technologies (NASDAQ:SGNT). Er co-gründete Pentaho, das von Hitachi Data Systems für über 500 Millionen Dollar übernommen wurde. Seine Ernennung folgt auf die Mehrheitsinvestition von Insight Partners und die Co-Investition ehemaliger Führungskräfte von Accenture.

Gegründet im Jahr 2010, spezialisiert sich Cosmo Tech auf AI-Simulationssoftware für unternehmerische Entscheidungsfindung und Geschäftsoptimierung und bedient die Bereiche Fertigung, Automobil, Energie und Verkehr.

Positive
  • Appointment of experienced technology executive with 40+ years in leadership roles at major companies
  • Strategic addition following major investment from Insight Partners
  • Previous board member returning with successful track record of company exits
Negative
  • None.

RESTON, Va.--(BUSINESS WIRE)-- Cosmo Tech, a market leader in AI Simulation software for enterprise decision making, today announced the appointment of Andre M. Boisvert as Lead Independent Director to its Board and as a Strategic Advisor. Boisvert is a globally recognized software executive with over 40 years of experience in sales, marketing, and R&D at companies such as IBM, Oracle Corporation, where he served as Senior Vice President of WW Marketing, and SAS Institute Inc., where he held the role of President and Chief Operating Officer.

Andre Boisvert, Lead Independent Director to the board, Cosmo Tech (Photo: Business Wire)

Andre Boisvert, Lead Independent Director to the board, Cosmo Tech (Photo: Business Wire)

After serving on boards of publicly traded technology companies, such as VA Linux (NASDAQ:LNUX) and Sagent Technologies Inc. (NASDAQ:SGNT), where he held the role of both Chairman and CEO, Boisvert co-founded Pentaho, an open-source BI and Analytics company which was ultimately acquired by Hitachi Data Systems for over $500M. Since then, Boisvert has held board positions for multiple technology startups, many which have been acquired by tech powerhouses like Microsoft, Oracle and SAP.

In addition to Cosmo Tech, Boisvert serves as a Strategic Advisor and Board Director for Pyramid Analytics Inc. (Tel-Aviv), Dcbel Energy Inc. (Montreal), Clario Inc. (Minneapolis), River Logic Inc. (Dallas), and LatticeFlow AI (Zurich).

Commenting on Boisvert’s appointment, Cosmo Tech Co-founder and Chair of the Board of Directors, Hugues de Bantel, stated: “Andre served on our Board from 2016 to 2019 and we are delighted that he is returning following the majority investment from Insight Partners and former Accenture executives Phillip Hazen and Gerry Coulter.”

Of his appointment, Boisvert said: “I am honored to rejoin the Cosmo Tech board and look forward to working with Insight Partners and the world-class management team that co-invested in the recapitalization of the company. Coupled with the founders’ continued participation, this is a compelling opportunity poised to succeed.”

About Cosmo Tech

Cosmo Tech is an AI-Simulation software company for enterprise decision making and business performance optimization. Founded in 2010, Cosmo Tech is a global pioneer in the modeling of complex systems and an expert in combining core advanced simulation with other AI techniques. The Cosmo Tech AI-Simulation platform brings new predictive and prescriptive decision intelligence with the reliability demanded by large complex organizations. Leading companies in the manufacturing, automotive, energy, and transportation sectors rely on Cosmo Tech to anticipate what is coming and confidently optimize operations and strategies for better financial performance and resilience, while securing their net-zero carbon trajectory. For more information, visit cosmotech.com.

Press:

cindy.renard@cosmotech.com

cosmotech@storiesout.com

Source: Cosmo Tech

FAQ

What is Andre Boisvert's role at Cosmo Tech and what experience does he bring?

Andre Boisvert has been appointed as Lead Independent Director and Strategic Advisor at Cosmo Tech. He brings over 40 years of experience from executive roles at IBM, Oracle, and SAS Institute, plus board experience with companies like VA Linux (NASDAQ:LNUX).

What was Andre Boisvert's previous involvement with VA Linux (NASDAQ:LNUX)?

Andre Boisvert previously served on the board of directors of VA Linux (NASDAQ:LNUX) as one of his public company board positions.

What major exit has Andre Boisvert achieved in his career?

Andre Boisvert co-founded Pentaho, an open-source BI and Analytics company, which was acquired by Hitachi Data Systems for over $500M.

What prompted Andre Boisvert's return to Cosmo Tech's board?

Boisvert's return to Cosmo Tech's board follows a majority investment from Insight Partners and co-investment from former Accenture executives Phillip Hazen and Gerry Coulter.

What industries does Cosmo Tech serve with its AI-Simulation platform?

Cosmo Tech serves the manufacturing, automotive, energy, and transportation sectors with its AI-Simulation platform for enterprise decision making and business optimization.

LNUX

:LNUX

LNUX Rankings

LNUX Latest News

LNUX Stock Data