EXL collaborates with AWS to accelerate commercialization of generative AI solutions

Company announces cloud-native AI workbench for developing and delivering generative AI solutions, including use of Amazon Bedrock for large-scale language models

NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) — EXL [NASDAQ: EXLS], a leading data analytics and digital operations and solutions company, announced the deployment of a new generative AI solution on Amazon Web Services (AWS). Developed using EXL’s AI Workbench and built using Amazon Bedrock, the new solution enables organizations to seamlessly access deep, domain-specific datasets to enhance decision-making and improve performance across multiple industries. Designed to optimize operational efficiency. Amazon Bedrock is a fully managed service that provides a selection of high-performance foundational models from leading AI companies through a single API to help organizations build generative AI applications that meet the highest standards for security, privacy, and security. Provides the widest set of features you need. and responsible AI.

The versatility of EXL’s AI Workbench allows organizations to consider a variety of use cases and leverage generative AI technology to address specific business challenges. EXL designed the core of the platform to be modular and scalable, enabling integration with a rapidly evolving technology ecosystem and leveraging Amazon Bedrock’s leading generative AI models.

said Vivek Jetley, Executive Vice President and Global Head of Analytics at EXL. “We are excited to bring generative AI capabilities to AWS.” “We believe the power of AI lies in its ability to leverage large datasets to generate valuable insights and enhance decision-making. We are committed to delivering responsible, innovative AI solutions that enable companies across all industries to achieve new levels of efficiency, innovation, and success.”

EXL currently has more than 50 AI-based accelerators in the market, in addition to its core solutions designed to help insurance, healthcare, banking, media, and retail companies scale their AI capabilities faster. while ensuring privacy and security. Cutting edge. Specific solutions currently available on AWS include:

Customer 360-degree solutions stitch together a comprehensive customer journey across external and internal data, delivering real-time intelligence for actionable insights.
A unique image analysis solution that helps insurance companies identify risk factors and assess property risk.and
An intelligent document processing solution that extracts structured and unstructured data from client databases to drive decision support and improved workflows.

EXL is also working on several additional solutions and accelerators available on AWS. These include complaint analysis capabilities that process vast amounts of unstructured data and provide valuable insights into customer sentiment and concerns. Documentation Wiki leverages generative AI to create and maintain a dynamic knowledge base, streamline information search, and improve collaboration between teams. Our generative AI-powered code assistance solutions also accelerate development schedules and ensure accuracy and efficiency in migrating and modernizing your analytics platform.

Additionally, EXL recently achieved AWS Service Delivery Partner status for Amazon EMR to support big data processing for business intelligence and generative AI use cases.

Learn more about this partnership and EXL’s AI platform and generative AI solutions here.

About EXL

EXL (NASDAQ: EXLS) is a leading data analytics and digital operations and solutions company that partners with clients to improve business outcomes and enable growth. By combining deep domain expertise with robust data, powerful analytics, cloud, artificial intelligence, and machine learning, we create agile, scalable solutions for insurance, healthcare, banking and financial services, media, and more. Execute complex operations for the world’s leading companies in your industry. Especially retail. EXL was founded on core values of innovation, collaboration, excellence, integrity, and respect, with a focus on driving faster decision-making and transforming operating models. Headquartered in New York, our team exceeds 50,000 people and is located in more than 50 offices on six continents. For more information, please visit www.exlservice.com.

Cautionary note regarding forward-looking statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You should not place undue reliance on such statements as they are subject to numerous uncertainties and factors relating to EXL’s operations and business environment. Many of these are difficult to predict and beyond EXL’s control. Forward-looking statements include information regarding EXL’s possible or expected future performance, including a description of its business strategy. These statements include words such as “may”, “will”, “should”, “believe”, “expect”, “anticipate”, “intend”, “plan”, ” It may include words such as “estimate,” or similar expressions. These statements take into account management’s experience in the industry, historical trends, current conditions, expected future developments and other factors that it believes to be appropriate under the circumstances. Based on assumptions made by the Company. Please understand that these statements are not guarantees of performance or results. These include known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, many factors could affect EXL’s actual financial and operating results and may cause actual results to differ. Please note that forward-looking statements may differ materially. These factors include our ability to sustain and grow customer demand, our ability to hire and retain well-trained employees, our ability to accurately predict costs, rising interest rates, rising inflation and economic downturn trends. includes our ability to estimate and manage and is described below. For more information, please see his EXL filings with the Securities and Exchange Commission, including his EXL Annual Report on Form 10-K. Please note that forward-looking statements made herein or elsewhere speak only as of the date on which they are made. New risks and uncertainties arise from time to time, and it is impossible to predict these events or how they may affect EXL. EXL undertakes no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.

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