Business
EXL to create enterprise-wide data and AI applications for insurance, healthcare, banking, retail and other industries using NVIDIA AI
NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading data analytics and digital operations and solutions company, today announced an
About this update from Exlservice Holdings, Inc.
[{"type":"text","content":"NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading data analytics and digital operations and solutions company, today announced an initiative to develop and deploy production-grade AI applications in insurance, healthcare, banking, financial services, media and retail using the full-stack NVIDIA AI platform, which includes accelerated computing, networking and software. EXL’s adoption of advanced AI technologies, powered by NVIDIA AI, aims to revolutionize the provision of fast and scalable AI in complex enterprise production environments. As a leader in helping clients redesign customer journeys and reinvent business models by integrating data, analytics and AI directly into critical workflows, EXL will play a key role in fine-tuning and applying the NVIDIA AI platform to highly specialized use cases. These include GenAI-driven insights engines and smart agent assist solutions, large insurance language models, claims assist tools and several real-time GenAI initiatives currently being used in banking and financial services, media, retail and other industries. Initial EXL applications being developed in collaboration with NVIDIA include a fine-tuned insurance LLM, which helps to improve the speed and effectiveness of claims adjudication and policy underwriting. By leveraging NVIDIA AI Enterprise software including NVIDIA NeMo and NVIDIA NIM microservices, EXL can dramatically compress model development time and embed client-specific data, analytics and digital tools directly into client workflows more rapidly and cost-effectively than before. Through this collaboration, EXL will help drive significant improvements in the performance of the latest large language models, resulting in more intuitive and comprehensive solutions for enterprise customers. “Our clients realize that business success hinges on their ability to effectively leverage data and AI to transform their operating model while always keeping their customers at the center of the design. To do this, they need access to world-class AI and data infrastructure, the best-in-class engineering and data science talent and the ability to manage change as their operating models and workflows transform,” said Anand “Andy” Logani, EXL’s executive vice president and chief digital officer. “The NVIDIA AI full stack platform will provide the foundation on wh...