EXL, a global data and AI company, has received 10 new U.S. patents in the past year for innovations in insurance, healthcare, retail, utilities, and financial services. These advancements include AI solutions like EXLdata.ai™ and EXLerate.ai™ that help automate workflows and improve customer experience. The company is focused on embedding AI into business operations to accelerate growth and reduce costs. EXL’s new patented solutions cover areas such as multimodal data ingestion, knowledge graph creation, and unstructured data extraction, enhancing enterprise AI use cases. These innovations aim to deliver measurable outcomes for clients and drive business transformation. EXL announced their partnership with a leading global financial services provider to enhance their digital transformation capabilities. The goal is to improve customer experience and streamline operations through the use of automation and analytics. This collaboration will leverage EXL’s expertise in data-driven insights and technology solutions to drive innovation and efficiency in the financial services industry.

In other news, EXL reported strong financial results for the quarter, with revenue increasing by 15% year-over-year. The company’s operating income also saw a significant growth, driven by higher demand for its services and continued investment in technology and talent. EXL’s positive performance reflects its commitment to delivering value to clients and driving sustainable growth in the competitive market.

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5. Facebook under scrutiny for potential data privacy violations. – Barchart: EXL granted 10 new patents in the last year for AI