EXL expands operations into Dublin and establishes a headquarters for international business
02 October 2023 - 5:03PM
EXL, a leading data analytics and digital operations and solutions
company, announced it will establish a headquarters for
international business in Dublin.
EXL plans to hire up to 200 artificial intelligence, data
engineers and other technology positions in Dublin over the next
three years. This builds upon EXL’s existing staff of more than
8,000 data scientists and 1,500 generative AI experts globally who
are developing AI, cloud enablement and data integration
technologies and continually introducing new technologies to the
marketplace.
EXL will also establish new global centers of excellence across
its operation, to streamline management and enable the business to
develop best practices to improve efficiencies and reduce
costs.
As part of its expansion into Ireland, EXL announced a new
collaboration with University College Dublin (UCD), one of Europe’s
leading research-intensive universities. EXL and UCD’s cooperation
was made possible by the Irish government’s Human Capital
Initiative, which is strengthening ties between higher education
and enterprise to address future skills needs. EXL will also work
with the Center for Applied AI or CeADAR, Europe’s Digital
Innovation Hub for AI in Ireland. It will provide EXL with new
technology insights in all aspects of innovation and applied
research and developments in AI, machine learning and data
analytics.
“EXL’s significant expansion in Ireland is very welcome, with a
new headquarters for international business in Dublin, and 200 new
highly-skilled jobs in transformative technologies such as AI,”
said Leo Varadkar, Ireland’s Prime Minister (Taoiseach). “Ireland
is well-placed to be a hub of innovation in this space, and EXL’s
plans to partner with local research institutions will be an
important contribution to developing the next generation of
talent.”
“Developing innovative technology solutions to complex business
problems is at the heart of what EXL does for our clients, and by
expanding our presence in Ireland, we are gaining access to a truly
world class talent market and a key geographic hub for our global
operations,” said Rohit Kapoor, vice chairman and chief executive
officer of EXL. “We will look to train AI experts in Ireland to
unlock the transformative power of generative AI, revolutionize
industries and drive new business opportunities. Dublin’s
exceptional talent pool will help us shape the future of
technology, fueling innovation and propelling our clients to the
forefront of the global AI landscape.”
‘’EXL’s plan to open a headquarters for international business
in Ireland and to hire up to 200 data and AI specialists in Dublin
over the next two years is very welcome,” said Mary Buckley,
executive director of IDA Ireland. “Ireland has a proven track
record of being an attractive location for companies to access a
well-established talent pool. I wish the team every success
here.’’
About EXL
EXL (NASDAQ: EXLS) is a leading data analytics and digital
operations and solutions company that partners with clients to
improve business outcomes and unlock growth. By bringing together
deep domain expertise with robust data, powerful analytics, cloud,
artificial intelligence and machine learning, we create agile,
scalable solutions and execute complex operations for the world’s
leading corporations in industries including insurance, healthcare,
banking and financial services, media, and retail, among others.
Focused on driving faster decision-making and transforming
operating models, EXL was founded on the core values of innovation,
collaboration, excellence, integrity and respect. Headquartered in
New York, our team is over 48,000 strong, with more than 50 offices
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.
© 2023 ExlService Holdings, Inc. All rights reserved.
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ContactsMedia Keith Little+1
703-598-0980 media.relations@exlservice.com
Investor RelationsJohn Kristoff+1 212 209
4613IR@exlservice.com
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