Moveworks Joins Competition in Offering Enterprise AI Agents

Agentic AI company Moveworks has opened an AI Agent Marketplace that launches with more than 100 pre-built agents, enabling users to discover, install, and deploy AI assistants that automate business processes. Agentic AI is booming, as businesses seek to offload tasks from human workers to software. To support that, new companies and existing ones have started providing pre-built agents that are more convenient than building them from scratch. “What once took weeks to build can now be installed and deployed in mere minutes,” Moveworks says, touting its library offerings.

“ServiceNow, Google, Writer, Amazon Web Services and Microsoft are just a few of the companies that have or recently announced platforms where customers can choose pre-built agents and then deploy them to their organizations,” reports VentureBeat.

Promising to make AI agent discovery and deployment a reality across every corner of the enterprise, Moveworks CEO and co-founder Bhavin Shah says in a Marketplace announcement that the company’s signature platform, Agent Studio, “makes it possible for every customer to install, configure, and scale advanced and reliable AI agents for all enterprise operations.”

Agent Studio is powered by an Agentic Automation Engine that “both connects natural language to system APIs and understands the nuances of business processes,” Moveworks says.

While Agent Studio is a full-stack AI agent development environment, the Agent Marketplace provides a turnkey entry level step with what are essentially agent templates that can integrate into third-party platforms that organizations typically use to become part of the corporate data environment.

The Agent Studio chatbot integrates with software from Microsoft, Salesforce, Slack and Databricks.

“Moveworks said its marketplace differs from other marketplaces in that ‘unlike other marketplaces with simple prompt packs,’ its version offers integrations to enterprise workloads. Users can discover AI agents through plugins to ‘extend the capabilities of an AI agent’ or install these through a low-code platform,” VentureBeat writes.

Moveworks, founded in 2016 as a transformational IT company that leaned into AI, was acquired last month for $2.85 billion by cloud-based workflow solutions provider ServiceNow, which launched in 2004. Servicenow went public on the NYSE in 2014 and has a current market cap is just under $160 billion. TechCrunch provides background on Moveworks and ServiceNow in its acquisition story.

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