Exela Technologies Teams Up with Microsoft Azure to Boost AI Capabilities on Low-Code Platforms, India

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Exela Technologies, a leader in business processing automation (BPA), has announced a collaboration with Microsoft to enhance its low-code platforms with generative artificial intelligence (AI) capabilities. By teaming up with Microsoft Azure’s OpenAI Service, Exela aims to provide its customers with access to advanced AI models while leveraging the security and enterprise features of Azure.

The initial focus of this collaboration will be India, where Exela is working to strengthen its AI initiatives. With the integration of generative AI capabilities, Exela’s low-code platforms will enable personalized engagement, optimized workflow automation, and industry-leading AI decision-making capabilities for its customers.

Sriram Ramanathan, CTO of Exela, expressed his excitement about collaborating with Microsoft, highlighting the company’s reputation for driving AI breakthroughs. He emphasized that Exela’s customers and employees will benefit from the efficient communication and collaboration enabled by this collaboration.

Mithun Sunder, Executive Director – Chief Partner Officer at Microsoft India, also commented on the collaboration, stating that they are pleased to see Exela Technologies integrating Microsoft Azure’s generative AI capabilities. Sunder believes that this integration will improve customer and employee experiences, leading to increased engagement.

The integration of generative AI will specifically enhance Exela’s customer service for software products like DrySign, Digital Mailroom (DMR), XBP (Exchange for Bills and Payments), and PCH (an award-winning healthcare claims processing gateway). Additionally, Exela plans to leverage generative AI to accelerate document lifecycle management, product system development lifecycle, and the analytics stack.

Exela is committed to using generative AI in a responsible and ethical manner. The company plans to organize educational events to demonstrate the benefits of this powerful platform that is already reshaping many enabled services. Exela intends to share more details about its participation in the AI evolution in the future.

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With a global footprint and proprietary technology, Exela has a strong presence in the business process automation space. Its digital transformation solutions improve efficiency, quality, and productivity for a diverse range of customers across 50 countries. Exela offers software and services for various industries, including finance and accounting, human capital management, facilities optimization, banking, healthcare, insurance, and the public sector.

By collaborating with Microsoft, Exela aims to unlock the full potential of AI and provide its customers with cutting-edge solutions. With approximately 15,000 employees operating in 21 countries, Exela is committed to being an end-to-end digital journey partner for businesses worldwide.

For more information about Exela’s news, commentary, and industry perspectives, visit their website: [https://investors.exelatech.com/]. Investors and the media are advised to monitor Exela’s website and social media accounts for material information.

Note: The content provided is based on the given headline and text, rephrased and written to adhere to the mentioned guidelines.

Frequently Asked Questions (FAQs) Related to the Above News

What is Exela Technologies?

Exela Technologies is a leading provider of business processing automation solutions. They offer digital transformation solutions that enhance efficiency, quality, and productivity for various industries worldwide.

What collaboration has Exela Technologies announced?

Exela Technologies has announced a collaboration with Microsoft to enhance its low-code platforms with generative artificial intelligence (AI) capabilities.

How will the collaboration with Microsoft benefit Exela's customers?

The collaboration will provide Exela's customers with access to advanced AI models through Microsoft Azure's OpenAI Service. This will enable personalized engagement, optimized workflow automation, and industry-leading AI decision-making capabilities.

What is the initial focus of the collaboration?

The initial focus of the collaboration is India, where Exela is working to strengthen its AI initiatives and provide enhanced customer and employee experiences.

Which software products will be specifically enhanced with generative AI capabilities?

Exela's software products such as DrySign, Digital Mailroom (DMR), XBP, and PCH will be enhanced with generative AI to improve customer service and accelerate various processes.

How does Exela plan to use generative AI responsibly?

Exela is committed to using generative AI in a responsible and ethical manner. They plan to organize educational events to demonstrate the benefits of the platform and showcase its responsible use.

What is Exela's presence in the business process automation space?

Exela has a strong presence in the business process automation space with a global footprint and proprietary technology. They serve customers across 50 countries and offer solutions for various industries.

How many employees does Exela have?

Exela has approximately 15,000 employees operating in 21 countries.

Where can I find more information about Exela Technologies?

For more information about Exela's news, commentary, and industry perspectives, you can visit their website at [https://investors.exelatech.com/]. It is recommended for investors and the media to monitor Exela's website and social media accounts for material information.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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