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Infogain Aquires AI and Analytics Firm Absolutdata

Posted on January 4, 2021 by Jude
infogain absolutdata
January 4, 2021 — Infogain has announced its acquisition of Absolutdata, a provider of AI solutions, advanced analytics and data science services.

Infogain is a ChrysCapital portfolio company, and provides human-centered digital platform and software engineering services. As announced, the two companies’ complementary strengths will create synergies that benefit both organizations’ customers.

“This acquisition greatly benefits our combined clientele. Infogain now offers its first SaaS platform, NAVIK AI, an industry-leading digital solution that enhances our transformational services. This will help us dramatically increase our analytics customer base. At the same time, we can now offer strategy and experience, data estate, and cloud transformation services to Absolutdata customers, strengthening the available product and service portfolio. In this acquisition, everyone wins,” said Ayan Mukerji, COO of Infogain.

With about 500 global clients, Absolutdata views the acquisition as a positive development for its customers in such a way that its data scientists and solution engineers can work with strategy, experience, and cloud technology experts in delivering its AI and analytics solutions.

“I, along with my co-founders, Sudeshna Datta and Suhale Kapoor, are incredibly excited to join the Infogain team, which shares our drive to create value through innovation. This acquisition opens up career growth possibilities for our employees and being part of a larger company with an expanded skillset will enable us to deliver innovative, end-to-end solutions to both companies’ clients as a unified team,” said Dr. Anil Kaul, CEO and Co-founder of Absolutdata.

According to Infogain, the acquisition is a strong step towards realizing its strategic focus of growing its data, analytics and AI capabilities. Infogain believes that the addition of Absolutdata’s NAVIK AI platform and analytics services to Infogain’s portfolio will expand its expertise and capabilities and also help their clients drive rapid growth, improve revenue and create more resilient customer relations across multiple industries.

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