Meet Michel Morvan, Executive Chairman and Co-founder of AI-Simulation Decisioning Tool: Cosmo Tech

Tell us about Cosmo Tech

 
Cosmo Tech is an AI-Simulation software company that helps the world’s biggest companies in industry, manufacturing, and supply chain chart their optimal course through an uncertain future. Energy executives or supply chain managers rely on our technology to help them set the right strategies and optimise operations. We offer AI Simulation to predict all possible futures and prescribe the best path of action to achieve performance and overcome problems, whether financial, production obstacles, or reducing CO2 emissions.
 
I co-founded the company in 2010, as a spin-off from a leading French research university. The name Cosmo Tech comes from the acronym Complex System Modeling. During my years of teaching, research and then in the business world, I have seen how mastering complexity is a necessity for all large organisations which are themselves complex systems. The more complex a system is, the more a decision or an event in a part of this system can generate cascading effects on the whole, and the more value can be trapped. When it comes to complexity, in a context of increased uncertainty that we can all witness, simulation is the key to anticipate risks and unlock all the value.
 

 

What do you think makes this company unique?

 
Our platform provides complex system simulation as its core, a type of knowledge-based AI. We combine simulation with other AI techniques to solve decision-making problems in ways that were previously impossible.
 
Like a GPS navigator for business efficiency, you inform the Cosmo Tech simulation engine where you want to go, given your KPIs, and it uses simulation-guided, goal-seeking AI to help you find the best path to take.
 
Confidently navigating complexity and uncertainty, businesses can test how their organization might react to change, quantify the impact of unexpected events before they happen, identify inefficiencies to optimize operations, improve profitability and resilience.
 

How has the company evolved over the last couple of years?

 
I’m proud of how the company has developed over the last few years. Cosmo Tech is now renowned on the tech scene for its expertise in complex system simulation and enterprise digital twins. The team has built strategic partnerships to deploy Cosmo Tech’s solutions. In 2020, we noticed the results for our customers were positive and we wanted to take this value quickly to a large number of customers by joining forces with large players such as Microsoft or Accenture. At the start of 2023 we also confirmed investment from Accenture and former Microsoft Corporate VP , Sam George, who has also joined our board.
 

What can we hope to see from Cosmo Tech in the future?

 
We will continue to help our customers scale AI simulation across their entire organization and work with our partners to drive the adoption of simulation across industries.. You can’t just look at past data and hope it will shed light on tomorrow. We’re seeing proof of that today in global supply chain and asset management issues. Cosmo Tech helps organizations with efficiency, profitability or sustainability challenges, as we did for global cable manufacturer Nexans which leveraged our solution for a plan that puts them on the path to increase profits while reducing their CO2 emissions by 50,000 tons annually.