NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading data analytics, digital operations, and solutions company, announced its upcoming data and AI virtual event, AI in Action, scheduled for April 24 from 10:00 a.m. to 12:00 p.m. ET. The event promises to be an immersive experience, bringing together clients, prospects, and industry experts to explore the transformative power of data and AI at scale.

Rohit Kapoor, EXL’s vice chairman and chief executive officer, will be joined by keynote speakers Shanker Trivedi, senior vice president of enterprise business at Nvidia; Guy Adami, an American trader, investor, and original member of CNBC’s Fast Money; and Naveen Agarwal, board advisor and former chief market development officer at Prudential Financial, as well as executives from leading client and partner organizations and experts from within EXL. Attendees will have the opportunity to gain insights into the latest trends, innovations, and practical applications driving the data and AI revolution across the insurance, health, banking, and retail industries.

“We are excited to host this innovative event, where industry leaders, experts, and stakeholders will come together to delve into the limitless possibilities of data and AI,” said Kapoor. “In today’s rapidly evolving landscape, harnessing the power of data and AI in a responsible way is essential for organizations looking to stay ahead of the curve and drive sustainable growth.”

According to recent research conducted by EXL, 91% of top U.S. financial services firms and insurance companies have already implemented AI-driven solutions, but only about one-third (36%) of businesses have found a way to start using the technology widely across business functions. Among firms that have implemented AI for limited functions, 74% say data silos have been a barrier to enterprise-wide implementation. Among that group, 33% say data is siloed within each business function, and 41% say data is siloed in some business functions but shared among others.

“We believe collaboration and knowledge-sharing are key innovation drivers,” said Kapoor. “By bringing together thought leaders, industry partners, and data and AI visionaries, we aim to foster meaningful discussions and empower organizations to unlock the full potential of data and AI.”

For more information about the event, including the registration, full agenda, and list of speakers, please visit the event website at https://www.exlservice.com/ai-action-driving-business-impact-scale-with-data-ai.

About EXL

EXL (NASDAQ: EXLS) is a leading data analytics and digital operations and solutions company. We partner with clients using a data and AI-led approach to reinvent business models, drive better business outcomes and unlock growth with speed. EXL harnesses the power of data, analytics, AI, and deep industry knowledge to transform operations for the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have more than 54,000 employees spanning six continents. For more information, visit www.exlservice.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL's operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management's experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation and recessionary economic trends, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.

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