Absolutdata - AI And Advanced Analytics Firm Acquired by Infogain
CIOReviewIndia Team | Thursday, 24 December 2020, 16:14 IST
Silicon Valley located digital platform and software engineering company, Infogain acquires a San Francisco Bay Area based AI and Advanced Analytics company Absolutdata.
Absolutdata won award ‘NAVIK AI’ platform and 300 data scientists will now enhance Infogain’s ability for engineering superior business outcomes for its clients through the usage of cutting-edge AI and Analytics said Infogain in a statement.
Sunil Bhatia, Infogain’s CEO, said, “Infogain's acquisition of Absolutdata completes our three-pronged acquisitions strategy to help customers' increasing demand for adopting digital platforms by employing strategy and experience, cloud transformation, and advanced analytics and AI services.”
Bhatia said that the acquisition will increase Infogain’s presence in additional market segments like CPG, telecom, and pharma.
Anil Kaul, the CEO of Absolutdata added, “Companies across the globe are increasingly looking towards a combination of Technology and AI/Analytics to drive scalable, sustained & profitable business growth. The Covid-19 pandemic has further accelerated digital transformation across organisations. We are thrilled to be joining the Infogain team as we share a like-minded commitment to driving business success through disruptive technologies. As a unified team and company, we are very well positioned to service our clients' requirements comprehensively and innovatively, as well as providing tremendous growth opportunities for Absolutdata employees.”
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