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EXL granted 10 new patents in the last year for AI solutions
Globenewswire· 2026-02-09 15:53
Core Insights - EXL has been granted 10 new U.S. patents in the past year, enhancing its capabilities in data and AI solutions across various industries including insurance, healthcare, retail, utilities, and financial services [1][2] - The innovations focus on making data AI-ready, automating workflows, and improving customer engagement, thereby strengthening EXL's position as a leader in the data and AI sector [1][2] Patent Innovations - EXLdata.ai, launched in October 2025, is an agentic AI-native suite designed to unify complex data ecosystems and accelerate enterprise-wide adoption [2] - EXLerate.ai integrates EXL and third-party AI agents into business operations, with patented solutions for multimodal data ingestion, knowledge graph creation, and unstructured data extraction [3][4] - Key patents include: - U.S. Patent No. 12,260,342 for multimodal table extraction and semantic search [3] - U.S. Patent No. 12,481,215 for advanced knowledge retrieval techniques [3] - U.S. Patent No. 12,253,832 for context-based entity recognition [3] - U.S. Patent No. 12,468,696 for enhancing regulatory reporting accuracy and transparency [4] AI and Data Solutions - EXL Transaction Insights™ utilizes AI to assess personal financial risk by mining deep consumer financial insights [3] - EXL Cognitive Image Analytics™ reduces network traffic for event predictions based on cognitive image analysis [4] - The EXL Insurance LLM™ is the first industry-specific large language model aimed at improving claim adjudication outcomes, achieving 20-30% higher accuracy in claims and underwriting tasks compared to general-purpose models [4][5] Company Overview - EXL is a global data and AI company founded in 1999, headquartered in New York, with approximately 63,000 employees across six continents [6] - The company focuses on transforming business models and driving better outcomes through data and AI solutions in various sectors including insurance, healthcare, and financial services [6]
EXL named a Leader in Everest Group Data and AI Services Specialists PEAK Matrix® Assessment 2025
Globenewswire· 2025-07-07 13:07
Core Insights - EXL has been recognized as the top Leader in the Everest Group Analytics and AI Services Specialists PEAK Matrix® Assessment 2025 for the second consecutive year, highlighting its strong position in the market [1][2] Company Performance - The Everest Group report evaluated 32 leading providers that derive over 50% of their revenue from analytics and AI services, with EXL achieving the top-right Leader position due to its robust generative AI capabilities and domain-led expertise [2][3] - EXL's investment in data and AI capabilities focuses on domain-specific applications in industries such as insurance, healthcare, and retail, exemplified by solutions like EXL Claims Assist [3] Technological Advancements - EXL's growing intellectual property portfolio includes platforms like XTRAKTO.AI™ for intelligent document processing and EXL Code Harbor™ for AI-assisted code generation, which enhance operational efficiency and implementation speed [3] - Collaboration with NVIDIA, utilizing platforms like NVIDIA NeMo™ and AI Enterprise, has strengthened EXL's ability to develop high-performance AI solutions, including EXL Insurance LLM™ and EXL Smart Agent Assist™ [3] Industry Context - The report emphasizes that while many companies have adopted AI, true leaders like EXL are integrating AI across enterprise workflows to transform operating models and unlock the full potential of AI [3]
EXL achieves the AWS Generative AI Competency
Globenewswire· 2025-06-03 14:23
Core Insights - EXL has achieved the Amazon Web Services (AWS) Generative AI Competency, recognizing its expertise in delivering generative AI solutions [1][2][3] - This competency validates EXL's capability to help businesses leverage GenAI for innovation, decision-making, and operational efficiency [2][4] - EXL has launched five innovative solutions in the AWS Marketplace, showcasing its leadership in applied AI [3][4] Company Offerings - EXL Insurance LLM™ is a specialized large language model for the insurance industry, fine-tuned with proprietary datasets for high-precision claims adjudication [6] - EXL Code Harbor™ is a generative AI service that accelerates the migration of legacy codebases, enhancing data governance and reducing costs [6] - EXL Property Insights™ uses AI and machine learning to provide real-time insights for underwriting and claims, improving risk evaluation [6] - EXL Paymentor℠ is an AI-powered platform that personalizes customer outreach and optimizes collection strategies, enhancing efficiency across over 40 million global engagements [6] - EXL Smart Agent Assist™ enhances customer service operations with real-time insights and automation, improving agent productivity and customer experience [6] Strategic Positioning - The achievement of the AWS Generative AI Competency strengthens EXL's collaboration with AWS, enabling clients to modernize and uncover new revenue opportunities through AI [4] - EXL's commitment to AI innovation positions it at the forefront of industry transformation, partnering with clients to unlock new value [3][4] - The company serves a diverse range of industries, including insurance, healthcare, banking, retail, and energy, leveraging data and AI to drive growth [7]