India’s Fractal Analytics Inc<\/a>., a provider of artificial intelligence and analytics solutions to global companies, is exploring an initial public offering to fuel its growth as the pandemic helps to boost demand for its services. 除了考虑IPO,分形是投资者评估公司的评估利益大大超过10亿美元,Srikanth Velamakanni,联合创始人兼首席执行官,在一次采访中说周二通过视频。 印度的分形分析公司,提供人工智能和分析解决方案全球公司,正在探索经济增长对首次公开发行(ipo)的流行有助于提高对其服务的需求。
Besides weighing an IPO, Fractal<\/a> is assessing interest from investors valuing the company at significantly more than $1 billion, Srikanth Velamakanni, co-founder and chief executive officer, said in an interview via video on Tuesday. It has received $325 million in funding so far from investors including Apax Partners.
The pandemic has accelerated a push by companies to move functions to the cloud, a boon for analytics providers such as Fractal that make such processes more efficient. Fractal, whose customers include Alphabet Inc.<\/a>’s Google<\/a>, Reckitt Benckiser Group Plc and Wells Fargo & Co., is predicting revenue to increase 37% to $160 million in the fiscal year ending March 2022.
“The floodgates have opened,” Velamakanni said from Mumbai. “We have the scale to be a public company.”
India has more than a thousand software-as-a-service providers and the industry<\/a> is set to increase its annual revenue to $70 billion by 2030 from about $3 billion now, according to a recent report by consultancy McKinsey & Co., trade group SaasBoomi and India’s software industry body, Nasscom<\/a>. The country’s contenders are set to control about 6% of the global SaaS market estimated to be worth $1.3 trillion by the end of the decade, according to the report.
Fractal has its main offices in Mumbai and New York and 2,400 employees in 16 locations across the globe, including India, the U.S., U.K., Ukraine and Australia. The company plans to add 1,500 workers this year, mainly in India, Velamakanni said.
Revenue in the fiscal year after this one is set to reach $250 million, he said. Among Fractal’s new initiatives is Crux Intelligence<\/a>, which combines machine learning and natural language processing to allow enterprises to easily gather business intelligence from data and convert such analysis into action.
“It’s like the Siri or Google Assistant for businesses,” said Kathy Leake, the head of Crux Intelligence. “Customers can query in simple language and have data analysis and personalized business insights at their fingertips.”
Fractal has also incubated several other AI<\/a> projects including Qure.ai to assist radiologists in their diagnostic decisions, Theremin.ai to improve investment decisions and Eugenie.ai to find anomalies in high-velocity data streams.
<\/p><\/body>","next_sibling":[{"msid":84406768,"title":"Amazon acquires Facebook\u2019s satellite internet team: Report","entity_type":"ARTICLE","link":"\/news\/amazon-acquires-facebooks-satellite-internet-team-report\/84406768","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"84405433","title":"IPO-","entity_type":"IMAGES","seopath":"markets\/ipos\/fpos\/india-ai-startup-fractal-weighs-ipo-as-pandemic-fuels-growth\/ipo-","category_name":"India AI startup Fractal weighs IPO as pandemic fuels growth","synopsis":"\u201cThe floodgates have opened,\u201d Velamakanni said from Mumbai. \u201cWe have the scale to be a public company.\u201d","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-57807\/84405433.cms?width=150&height=112","link":"\/image\/markets\/ipos\/fpos\/india-ai-startup-fractal-weighs-ipo-as-pandemic-fuels-growth\/ipo-\/84405433"},{"msid":"84399564","title":"Info Edge shares gain as Zomato IPO kicks off","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/info-edge-shares-gain-as-zomato-ipo-kicks-off","category_name":"News","synopsis":"The stock rose 1.43 per cent to Rs 5,229.85 on the BSE in an otherwise muted session for the broader market so far.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-965419\/84399564.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/info-edge-shares-gain-as-zomato-ipo-kicks-off\/84399564"},{"msid":"84370749","title":"As Zomato hogs limelight on D-Street, should you sell shares of Domino\u2019s operator?","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/as-zomato-hogs-limelight-on-d-street-should-you-sell-shares-of-dominos-operator","category_name":"News","synopsis":"Zomato is also being compared with Jubilant Foodworks, the operator of Domino\u2019s Pizza chain in India. Jubilant is a profitable company with an established track record and has been able to fight off the rise of Zomato and Swiggy successfully.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-384507\/84370749.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/as-zomato-hogs-limelight-on-d-street-should-you-sell-shares-of-dominos-operator\/84370749"},{"msid":"84269851","title":"Growth, valuation worries may keep lid on optimism in Zomato IPO week","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/growth-valuation-worries-may-keep-lid-on-optimism-in-zomato-ipo-week","category_name":"News","synopsis":"\u201cThe biggest risk to GREED & fear\u2019s pro-cyclical view has always been that the vaccines cease to be effective against the new variants, such as the Delta variant, concerns about which are growing,\u201d Jefferies Global Equity Strategist Christopher Woods said.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-117739\/84269851.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/growth-valuation-worries-may-keep-lid-on-optimism-in-zomato-ipo-week\/84269851"}],"msid":84407352,"entity_type":"ARTICLE","title":"India AI startup Fractal weighs IPO as pandemic fuels growth","synopsis":"Besides weighing an IPO, Fractal is assessing interest from investors valuing the company at significantly more than $1 billion, Srikanth Velamakanni, co-founder and chief executive officer, said in an interview via video on Tuesday. ","titleseo":"telecomnews\/india-ai-startup-fractal-weighs-ipo-as-pandemic-fuels-growth","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":366,"shares":0,"engagementtimems":1527000},"Alttitle":{"minfo":""},"artag":"Bloomberg","artdate":"2021-07-14 16:43:17","lastupd":"2021-07-14 16:45:17","breadcrumbTags":["Fractal IPO","ipos","Alphabet Inc.","ai","google","Industry","nasscom","Fractal Analytics Inc","Fractal","crux intelligence"],"secinfo":{"seolocation":"telecomnews\/india-ai-startup-fractal-weighs-ipo-as-pandemic-fuels-growth"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2021-07-14" data-index="article_1">
印度AI分形重启动IPO流行燃料增长
除了考虑IPO,分形从投资者评估公司评估利益大大超过10亿美元,Srikanth Velamakanni,联合创始人兼首席执行官,在一次采访中说周二通过视频。迄今为止它已经获得了3.25亿美元的资金从投资者包括Apax Partners。
大流行性流感加速推动了企业功能转移到云中,有利于分析提供者,如分形,使这些过程更有效率。分形,其客户包括字母(aapl . o:行情)。的谷歌利洁时公司Group Plc)和富国银行(Wells Fargo & Co .)预计营收增加37%至1.6亿美元,截至2022年3月的财政年度。
印度有一千多个saas提供者和行业年度收入增长将从现在的约30亿美元到700亿美元到2030年,根据咨询公司麦肯锡最近的一份报告,贸易集团SaasBoomi和印度的软件行业的身体,行业协会。这个国家的竞争者将控制约6%的全球SaaS市场估计价值1.3万亿美元的十年中,根据该报告。
分形在孟买和纽约都有其主要办事处,全球2400名员工在16个位置,包括印度、美国、英国、乌克兰和澳大利亚。该公司计划今年增加1500名员工,主要在印度,Velamakanni说。
在本财政年度收入将达到2.5亿美元,他说。在分形的新举措关键情报结合机器学习,自然语言处理,允许企业很容易从数据收集商业情报,并将这种分析转化为行动。
“就像Siri或谷歌商业助理,”凯西Leake说关键情报。用简单的语言和“客户可以查询有数据分析和个性化业务在指尖的见解。”
分形也孵化其他几个人工智能项目包括Qure。人工智能to assist radiologists in their diagnostic decisions, Theremin.ai to improve investment decisions and Eugenie.ai to find anomalies in high-velocity data streams.
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India’s Fractal Analytics Inc<\/a>., a provider of artificial intelligence and analytics solutions to global companies, is exploring an initial public offering to fuel its growth as the pandemic helps to boost demand for its services.
Besides weighing an IPO, Fractal<\/a> is assessing interest from investors valuing the company at significantly more than $1 billion, Srikanth Velamakanni, co-founder and chief executive officer, said in an interview via video on Tuesday. It has received $325 million in funding so far from investors including Apax Partners.
The pandemic has accelerated a push by companies to move functions to the cloud, a boon for analytics providers such as Fractal that make such processes more efficient. Fractal, whose customers include Alphabet Inc.<\/a>’s Google<\/a>, Reckitt Benckiser Group Plc and Wells Fargo & Co., is predicting revenue to increase 37% to $160 million in the fiscal year ending March 2022.
“The floodgates have opened,” Velamakanni said from Mumbai. “We have the scale to be a public company.”
India has more than a thousand software-as-a-service providers and the industry<\/a> is set to increase its annual revenue to $70 billion by 2030 from about $3 billion now, according to a recent report by consultancy McKinsey & Co., trade group SaasBoomi and India’s software industry body, Nasscom<\/a>. The country’s contenders are set to control about 6% of the global SaaS market estimated to be worth $1.3 trillion by the end of the decade, according to the report.
Fractal has its main offices in Mumbai and New York and 2,400 employees in 16 locations across the globe, including India, the U.S., U.K., Ukraine and Australia. The company plans to add 1,500 workers this year, mainly in India, Velamakanni said.
Revenue in the fiscal year after this one is set to reach $250 million, he said. Among Fractal’s new initiatives is Crux Intelligence<\/a>, which combines machine learning and natural language processing to allow enterprises to easily gather business intelligence from data and convert such analysis into action.
“It’s like the Siri or Google Assistant for businesses,” said Kathy Leake, the head of Crux Intelligence. “Customers can query in simple language and have data analysis and personalized business insights at their fingertips.”
Fractal has also incubated several other AI<\/a> projects including Qure.ai to assist radiologists in their diagnostic decisions, Theremin.ai to improve investment decisions and Eugenie.ai to find anomalies in high-velocity data streams.
<\/p><\/body>","next_sibling":[{"msid":84406768,"title":"Amazon acquires Facebook\u2019s satellite internet team: Report","entity_type":"ARTICLE","link":"\/news\/amazon-acquires-facebooks-satellite-internet-team-report\/84406768","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"84405433","title":"IPO-","entity_type":"IMAGES","seopath":"markets\/ipos\/fpos\/india-ai-startup-fractal-weighs-ipo-as-pandemic-fuels-growth\/ipo-","category_name":"India AI startup Fractal weighs IPO as pandemic fuels growth","synopsis":"\u201cThe floodgates have opened,\u201d Velamakanni said from Mumbai. \u201cWe have the scale to be a public company.\u201d","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-57807\/84405433.cms?width=150&height=112","link":"\/image\/markets\/ipos\/fpos\/india-ai-startup-fractal-weighs-ipo-as-pandemic-fuels-growth\/ipo-\/84405433"},{"msid":"84399564","title":"Info Edge shares gain as Zomato IPO kicks off","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/info-edge-shares-gain-as-zomato-ipo-kicks-off","category_name":"News","synopsis":"The stock rose 1.43 per cent to Rs 5,229.85 on the BSE in an otherwise muted session for the broader market so far.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-965419\/84399564.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/info-edge-shares-gain-as-zomato-ipo-kicks-off\/84399564"},{"msid":"84370749","title":"As Zomato hogs limelight on D-Street, should you sell shares of Domino\u2019s operator?","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/as-zomato-hogs-limelight-on-d-street-should-you-sell-shares-of-dominos-operator","category_name":"News","synopsis":"Zomato is also being compared with Jubilant Foodworks, the operator of Domino\u2019s Pizza chain in India. Jubilant is a profitable company with an established track record and has been able to fight off the rise of Zomato and Swiggy successfully.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-384507\/84370749.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/as-zomato-hogs-limelight-on-d-street-should-you-sell-shares-of-dominos-operator\/84370749"},{"msid":"84269851","title":"Growth, valuation worries may keep lid on optimism in Zomato IPO week","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/growth-valuation-worries-may-keep-lid-on-optimism-in-zomato-ipo-week","category_name":"News","synopsis":"\u201cThe biggest risk to GREED & fear\u2019s pro-cyclical view has always been that the vaccines cease to be effective against the new variants, such as the Delta variant, concerns about which are growing,\u201d Jefferies Global Equity Strategist Christopher Woods said.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-117739\/84269851.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/growth-valuation-worries-may-keep-lid-on-optimism-in-zomato-ipo-week\/84269851"}],"msid":84407352,"entity_type":"ARTICLE","title":"India AI startup Fractal weighs IPO as pandemic fuels growth","synopsis":"Besides weighing an IPO, Fractal is assessing interest from investors valuing the company at significantly more than $1 billion, Srikanth Velamakanni, co-founder and chief executive officer, said in an interview via video on Tuesday. ","titleseo":"telecomnews\/india-ai-startup-fractal-weighs-ipo-as-pandemic-fuels-growth","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":366,"shares":0,"engagementtimems":1527000},"Alttitle":{"minfo":""},"artag":"Bloomberg","artdate":"2021-07-14 16:43:17","lastupd":"2021-07-14 16:45:17","breadcrumbTags":["Fractal IPO","ipos","Alphabet Inc.","ai","google","Industry","nasscom","Fractal Analytics Inc","Fractal","crux intelligence"],"secinfo":{"seolocation":"telecomnews\/india-ai-startup-fractal-weighs-ipo-as-pandemic-fuels-growth"}}" data-news_link="//www.iser-br.com/news/india-ai-startup-fractal-weighs-ipo-as-pandemic-fuels-growth/84407352">
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