Analytics solution provider, Fractal Analytics recently announced the acquisition of enterprise AI solutions platform for data scientists and data engineers, Zerogons. The amount of the acquisition is not disclosed and is stated as it will help strengthen Fractal’s Cloud AI business and accelerate the ‘data to decisions’ journey for its Fortune 500 clients.
In the past few years, Fractal Analytics has brought in a range of innovative solutions, such as providing intelligent solutions, assistance in store-level forecasts, real-time monitoring and much more. This acquisition will certainly deliver
Pranay Agrawal, co-founder and Chief Executive Officer at Fractal Analytics stated, “Sandeep and Divya have built a world-class AI and ML engineering platform and the team at Zerogons. Cloud is the home of AI, and we are excited to partner with Zerogons to operationalize AI for our clients through cloud and engineering.”
Ajoy Singh, who is the chief operating officer at Fractal said that the company is delighted to welcome the capable team at Zerogons. This acquisition will strengthen the cloud engineering and AI offerings as well as helps them deliver high velocity and value in the continuing journey to power every human decision in the enterprise.
Adding to this comment, Sandeep Mehta, Co-founder of Zerogons said, “We are happy to become a part of one of the leading AI companies in the world. Fractal shares our vision of building the most innovative AI & ML solutions for the industry. With enterprises increasingly demanding cloud-based AI solutions to solve both, their immediate challenges and longer-term growth objectives, we are well placed as a combined entity to accelerate our clients’ digital journey.”
Also, Divya Rakesh, who is the co-founder at Zerogons stated that this acquisition is a joint vision for AI, and together they will be able to help their clients in realising their short-term and long-term digital transformation objectives.