On the 24th of Dec, Infogain a software engineering and digital platform provider led by CEO Sunil Bhatia, acquired their third AI and analytics company, Absolutdata, all in a span of 14 months. The acquisition’s main highlight is the union of Absolutdata’s NAVIK AI platform and its ability to drastically increase the efficiency of Infogain’s services.
Bhatia on the note of the acquisition said,
Enterprise-grade NAVIK AI uses self-learning to adapt to the dynamic market of business and utilizes decision-centric processing, formed from “ML and AI models engineered for each unique client to optimize decisions.” This fusion also includes Absolutdata’s 300 world-class data scientists to Infogain’s arsenal of business tools.
Like AbsolutData, both Silicus Technologies and Revel Consulting were acquired in a similar fashion. The move was in no doubt following their trend of acquiring analytics and AI companies. Be sure to expect an Infogain to become a commonplace name as they continue to grow and expand their influence and power.