In the digital age of business, analytics are essential to running a high-efficiency marketing department. To get the most value out of every measurable metric, artificial intelligence (AI) automatically extracts insights and trends that help business leaders make key decisions.
One of the global leaders in digital analytics solutions, EXL, has announced it is upgrading its capabilities with the acquisition of Clairvoyant. Clairvoyant is a global data, AI, and cloud services solution that will reinforce EXL’s ability to support its insurance, healthcare, banking, financial services, and retail clients.
“Data has become the lifeblood of every industry as businesses confront volatile swings in the economy, changes in consumer preferences and the need to continually adapt to new technology,” said Rohit Kapoor, EXL Vice Chairman and Chief Executive Officer.
“Clairvoyant has established itself as a leader in data and cloud engineering, bringing many of the key structural components we need to expand our offerings and help our clients harness the power of data to enable better and faster decision making.”
The acquisition pairs Clairvoyant’s tailor-made AI solutions with EXL’s growing analytics platform to empower better decision-making information for enterprise organizations around the world. The move will also accelerate EXL’s cloud operations capabilities to help fuel large-scale digital transformation projects and more relevant insights.
Since Clairvoyant was established in 2012, it has become one of the fastest-growing tech companies in the United States. The Phoenix, Arizona-based company provides cloud, AI, and data solutions to over 75 global customers such as PayPal, American Express, Grand Canyon University, and Bidtellect. The company also takes advantage of partnerships with Amazon Web Services and Cloudera.
EXL is one of the globe’s premiere analytics and data solutions, employing over 34,000 around the world in more than 50 different countries. Its suite of scalable data and AI solutions are customized to support diverse multinational industries such as insurance, transportation & logistics, media, healthcare, and more.
“The need to quickly aggregate and interpret data has grown exponentially across industries in recent years,” said Vivek Jetley, Executive Vice President and Global Head of Analytics at EXL.
“As our clients look to leverage the power of analytics for business advantage, they need to modernize their data capabilities to keep pace. Having worked closely with Clairvoyant, we believe that the combination of our domain expertise, data management and analytics capabilities and their industry-leading data and cloud engineering services will help clients increase agility and speed to value and set the stage for breakthrough solutions.”
“We are thrilled to join forces with EXL. We share a culture of fearless innovation and a relentless commitment to helping our clients overcome some of their biggest challenges,” said Chandra Ambadipudi, Co-Founder and Chief Executive Officer at Clairvoyant. “By integrating our capabilities with EXL’s broad reach and expertise, we will be able to add value across a much wider range of clients and unlock exciting new growth opportunities along the way.”