Hexaware Strengthens Data Capabilities with Acquisition of Softcrylic Know More
November 24, 2021
Partnership includes customized industry focused offerings
Hexaware, a global information technology services company specializing in open-source statistical tools, NLP, NLG and Cloud technologies, today announced it has partnered with AI Cloud leader, DataRobot. The partnership empowers businesses across industries to accelerate their AI initiatives, helping drive business impact at scale.
Despite the incredible benefits AI can offer to organizations, industry reports state that only 14.6% of firms have deployed AI capabilities in production. The DataRobot and Hexaware partnership enables institutions to break through this barrier with the powerful capabilities of the DataRobot AI Cloud that offers a unified platform for user personas, data types and environments, accelerating the delivery of AI to production.
“We at Hexaware are happy to announce our strategic partnership with DataRobot, which will enable customers across industries to accelerate their artificial intelligence journeys,” said Vaidya J.R., Senior Vice President and Global Head of Data and AI business at Hexaware. He further added, “Hexaware solutions built on DataRobot’s AI Cloud platform will enable businesses to roll out enterprise AI on a highly scalable data infrastructure, unlock deeper and more impactful insights faster and truly become data-driven in their decision-making process. Hexaware will continue to invest in building industry-specific solutions that speed up customers’ data-to-decisions journey.”
The Data Science wing, Decision Sciences Community at Hexaware, is currently working on industry domains like Banking, Manufacturing & Consumer, Travel &Transport, Healthcare & Insurance and Professional Services to create vertical-specific offerings leveraging DataRobot.
“We’re pleased to be partnering with Hexaware, whose deep domain expertise adds great value to this partnership,” said Gardner Johnson, Vice President, Worldwide Channels, DataRobot. “Hexaware’s track record of implementing large-scale cloud and digital transformation solutions is well-aligned with DataRobot’s mission to deliver industry-specific solutions and make applied AI a reality for as many businesses as possible.”
As part of the partnership, Hexaware has also launched a KYC (Know Your Customer) offering that leverages Artificial Intelligence to help financial services businesses meet strict regulatory KYC standards.
About DataRobot
DataRobot AI Cloud is the next generation of AI. The unified platform is built for all data types, all users, and all environments to deliver critical business insights for every organization. DataRobot is trusted by global customers across industries and verticals, including a third of the Fortune 50. For more information, visit http://www.datarobot.com/.
About Hexaware
Hexaware is a global IT services company empowering businesses worldwide to realize digital transformation at scale and speed. Our three-pronged strategy of Automate Everything®, Cloudify Everything® and Transform Customer Experiences® endeavors to drive human-machine collaboration for solving complex business problems. We enable future-ready organizations and market leaders to create lasting business value by helping them offer touchless immersive customer experiences through full-cloud enablement, digital product engineering and extreme automation.
We serve customers in Banking, Financial Services, Capital Markets, Healthcare, Insurance, Manufacturing, Retail, Education, Telecom, Hi-Tech & Professional Services (Tax, Audit, Accounting and Legal), Travel, Transportation and Logistics. We deliver highly evolved services in Rapid Application prototyping, development and deployment; Build, Migrate and Run Cloud solutions; Automation-based Application support; Enterprise Solutions for digitizing the back-office; Customer Experience Transformation; Business Intelligence & Analytics; Digital Assurance (Testing); Infrastructure Management Services; and Business Process Services.
We believe technology is a magical thing, and our purpose is to create smiles through great people and technology. Headquartered in New Jersey for North America, London for Europe and Singapore for the Asia Pacific, Hexaware services customers in over two dozen languages from every major time and regulatory zone.
Learn more about Hexaware at https://www.hexaware.com. Take an immersive 360° virtual tour of our campuses worldwide at https://www.hexawareimmersive.com.
Safe Harbor Statement:
Certain statements in this press release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Hexaware has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry.
For more information, contact
Sreedatri Chatterjee,
Hexaware Technologies Limited,
Tel: +91 900 426 3405
E-mail: sreedatric@hexaware.com
Kate Lavoie-Mayer
datarobot@nectarpr.com
781 941 0619