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On July 6th, 2006, ExlService Holdings, Inc., a
leading offshore business process outsourcing company,
announced the acquisition of Inductis, a leading
strategy and analytics company serving the financial
services and insurance industries, as it continues
to invest in world-class offshore analytical outsourcing
and strategic solution delivery capabilities.
As a result of the acquisition, Inductis will become
a wholly owned and independently branded subsidiary
of EXL, focusing on Consulting and Research and
Analytics. EXL's existing Research and Analytics
business will be combined with Inductis to create
a new leader in this exciting growth area and provide
a full spectrum of knowledge services to EXL's clients.
In 2005, Inductis achieved revenues of approximately
$20 million. Inductis is one of the largest and
most successful analytics players with a global
delivery model in the marketplace today with 250
employees based in offices in Gurgaon, New York,
New Jersey, and Singapore.
Read more >>
EXL's position as a Tier 1, global BPO player in
the insurance sector has been reinforced by the
results of two global independent surveys. EXL has
a mention among the World's Top Outsourcing Providers
for the insurance industry in The International
Association of Outsourcing Professionals' (IAOP)
sub-list of Global Outsourcing 100 released in September
2006. And, in another ranking released by the Brown-Wilson
Group, Inc. in The Black Book of Outsourcing, EXL
is ranked No. 1 among the Top 10 Insurance BPO Outsourcing
Provider. Read more
>>
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