Unifies complex data ecosystems to accelerate AI in the workflowNEW YORK, Oct. 07, 2025 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS] is unlocking the data foundation to make AI real for enterprises with its newly unveiled agentic AI suite of data solutions, EXLdata.ai. In partnership with Databricks, the Data and AI company, this suite of data solutions tackles the top barrier to AI adoption by making enterprise data usable for AI and accelerating an organization’s ability to inject intelligence into its workflow ...

The business momentum here is real, and it is spread across both the company's government and commercial customers. A growth stock by every metric Palantir delivered 48% year‑over‑year revenue growth in Q2 to just over $1 billion. Its U.S. commercial revenue was the standout, up 93% year over year to roughly $306 million. Management also raised full‑year revenue guidance to about 45% year-over-year growth and forecast Q3 revenue to grow 50%. Those are big numbers. In addition, profitability looks to be here ...

Core Insights - Tencent Cloud has developed a comprehensive "Data+AI" capability and plans to launch a data intelligence product in the second half of the year [2] - The total data production in China is projected to exceed 40ZB for the first time in 2024, reaching 41.06ZB, a 25% year-on-year increase [2] - The demand for unstructured data management is surging due to the explosion of generative AI applications and compliance pressures [3] Group 1: Data Production and Trends - In 2024, the per capita data production is expected to be approximately 31.31TB, equivalent to over 10,000 HD movies, marking a 25.17% increase year-on-year [2] - Gartner's research indicates that unstructured data accounts for 70% to 90% of organizational data today, highlighting the growing need for effective management [2][3] Group 2: Challenges and Opportunities - Traditional data platforms face significant challenges in meeting the new data demands brought by generative AI, particularly regarding data quality, compliance, and security [3] - Companies are managing an average of over 400 heterogeneous data sources, leading to issues such as data silos and the need for a dynamic, traceable data governance system [3] Group 3: Future Developments - Tencent Cloud aims to create a next-generation integrated Data+AI platform to address new market and customer needs, emphasizing the importance of utilizing unstructured data effectively [5] - The construction of the Data Intelligence as a Service (DIaaS) platform is seen as a long-term and systematic project requiring industry collaboration [7] Group 4: Market Landscape - Currently, there are over 190,000 companies in China's data sector, with the industry scale exceeding 2 trillion yuan, projected to reach 7.5 trillion yuan by 2030 at an annual growth rate of over 20% [8]

Core Insights - EXL has expanded its partnership with Databricks to deploy a GenAI-enabled migration solution for transitioning from SAS to Databricks, significantly reducing manual effort by up to 80% [1][4] - The Code Harbor solution automates key aspects of the migration process, facilitating high-quality code transformation across various industries including insurance, banking, and healthcare [2][4] - A recent case study showed a leading global insurance provider achieved a 50% faster migration with minimal manual intervention using EXL's Code Harbor [3] Company Overview - EXL is a global data and AI company that provides services to transform business models and drive growth, with a workforce of approximately 60,000 employees [6] - The company focuses on industries such as insurance, healthcare, banking, and capital markets, leveraging data and AI to enhance client outcomes [6] Technology and Solution Features - EXL Code Harbor is designed to support the migration of legacy codebases into modern open-source languages and cloud environments, including Databricks Lakehouse [2] - The solution supports various programming languages and ETL platforms, ensuring flexibility for clients in integrating with on-premises, cloud, and hybrid environments [2] - By utilizing an autonomous multi-agent framework, the solution accelerates enterprise-scale code and data transformation, ensuring compliance and traceability [4]