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Genpact Strengthens Artificial Intelligence Capabilities with Acquisition of Rage Frameworks

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Genpact (NYSE:G), a global professional services firm focused on delivering digital transformation for clients, has signed a definitive agreement to acquire Rage Frameworks, a leader in knowledge-based automation technology and services providing Artificial Intelligence (AI) for the Enterprise. "The unique combination of Rage's no-code development platform and deep global talent pool of AI, automation, and financial services expertise, coupled with Genpact's domain expertise and what we believe is the world's largest digital process sandbox, allows for a level of agility of implementation and speed to insight that was previously unattainable." The two companies have partnered on a number of strategic client engagements, including an automated management reporting solution for a large global insurer and global CPG leader, as well as automated financial spreading solutions for several large financial institutions, among others. About Genpact Genpact (NYSE:G) is a global professional services firm focused on delivering digital transformation for our clients, putting digital and data to work to create competitive advantage.