In a strategic move to enhance its AI-driven software engineering capabilities, Ascendion, a leader in AI-powered software solutions, has announced the acquisition of Moodys Northwest Consulting (Moodys), a renowned product strategy and transformation firm. The acquisition aims to deliver seamless, end-to-end solutions that combine cutting-edge AI engineering with product strategy and agile delivery, enabling enterprise clients to achieve faster, more impactful business outcomes.
Accelerating Business Value Through AI and Product Strategy
Ascendion’s CEO Karthik Krishnamurthy emphasized that the acquisition is a pivotal step in bridging the gap between vision and execution in an AI-centric world.
“In an AI-driven world, strong execution matters as much as innovation. By combining Moodys’ expertise in product strategy with our AI-led engineering capabilities, we’re helping companies deliver practical, high-impact outcomes that move business forward,” Krishnamurthy said.
The partnership is poised to help organizations imagine, build, and scale AI-enhanced software products that are tightly aligned with measurable business goals.
Moodys Becomes Product Management Center of Excellence
With this acquisition, Moodys will now serve as Ascendion’s Product Management Center of Excellence, bringing its industry-proven frameworks, top-tier talent, and strategic methodologies to the company’s global platform. Moodys has consistently delivered exceptional results to enterprise clients, including:
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8x increase in digital product adoption
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80-90% reduction in software defects
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2-3x faster engineering velocity
These proven capabilities will now be integrated into Ascendion’s AI development platform (AAVA) and global delivery network, enabling clients to benefit from:
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AI-powered decision-making across the product lifecycle
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Seamless product, design, and engineering integration
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Transparent KPI-linked execution and accelerated time-to-market
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Scalable solutions with strong local client engagement
Delivering What Enterprises Need
Ameet Moodbidri, CEO of Moodys, highlighted that the acquisition will allow the company to better meet the growing demands of enterprise clients.
“Our clients are focused on continuously enhancing customer engagement and delivering real business outcomes. With Ascendion, we now offer best-in-class AI-led product and engineering capabilities that drive genuine business impact,” Moodbidri stated.
Strategic Expansion in the AI Economy
Hiten Patel, Chairman of Ascendion, noted that the acquisition significantly enhances the company’s ability to deliver AI-powered products that perform, scale, and achieve real results.
“We’re closing the gap between strategy and execution, helping our clients turn software into tangible business success faster,” Patel said.
Moodys will continue to operate under its existing brand and leadership, ensuring continuity in client relationships while leveraging Ascendion’s global resources.
This acquisition further advances Ascendion’s vision to redefine software development in the AI economy by increasing speed, reducing risk, and delivering business outcomes that create real-world impact.
