Infogain Buys AI, Analytics Company Absolutdata
Absolutdata has been acquired by Infogain, a ChrysCapital portfolio company known for its human-centered digital platform and software engineering services. The two companies’ complementary strengths create synergies that benefit the unified organization’s customers.
The acquisition is a positive development for Absolutdata’s existing customers, which include Global 500 clients. As part of a larger organization with broader skills, Absolutdata’s talented data scientists and solution engineers can now work with strategy, experience, and cloud technology experts to deliver comprehensive AI and analytics solutions along with the infrastructure needed to execute digital transformation strategies.
“Digital transformation was underway before the pandemic, but COVID-19 accelerated it as global enterprises leverage AI and analytics on advanced platforms to manage change and drive growth,” said Dr. Anil Kaul, PhD, Absolutdata’s CEO and co-founder.
With a strategic focus on growing its data, analytics and AI capabilities, Infogain is in growth mode. The Absolutdata acquisition follows Infogain’s earlier acquisitions of Silicus Technologies and Revel Consulting. Infogain now adds Absolutdata’s NAVIK AI platform and advanced analytics services to its portfolio. These expanded expertise and capabilities will further equip Infogain to help clients drive rapid growth, improve revenue and create deeper, more resilient customer relations across multiple industries.