Datamatics Global Services Limited - Market Research Report

Company Overview

• Name: Datamatics Global Services Limited

• Mission: To enable enterprises to go Deep in Digital to enhance their productivity, customer experience, and competitive advantage.

• Founded By: Dr. Lalit S. Kanodia

• Key People:

• Dr. Lalit S. Kanodia - Founder and Chairman

• Rahul L. Kanodia - Vice Chairman & Chief Executive Officer

• Sameer L. Kanodia - Director

• Dilip D. Dandekar - Director

• Vinay Aggarwal - Director

• Mona Bhide - Director

• Headquarters: No information available

• Number of Employees: No information available

• Revenue: ₹394 crore for Q1FY25; Annual revenue for FY24 at ₹1550 crore.

• Known For: Digital Technologies, Operations, and Experiences company that enables enterprises to enhance productivity and customer experience through AI-first strategy and digital transformation services.

Products

Datamatics offers a range of products that cater to digital transformation through intuitive AI solutions and automation platforms:

1. Artificial Intelligence Solutions

• Key Features:

• GenAI-Powered Intelligent Automation Use Cases

• Extract Actionable Intelligence from Data

2. Intelligent Automation Platform

• Products:

• TruCap+ (IDP Solution)

• TruBot (RPA Solution)

• Key Features:

• Automates tasks, processes, and documents using AI-driven platforms.

3. Customer Management Solutions

• Key Features:

• CX Consulting, Management, Transformation, and Analytics

4. Microsoft Copilot Product-based IPs and Services

• Key Features:

• Customized Copilot solutions integrating with Microsoft 365.

5. TruAI

• A comprehensive AI and cognitive sciences solution.

• Modules Include:

• TruAI Text: Document classification, clustering, summarization, and sentiment analysis.

• TruAI Pattern: Association and relation extraction, recommendation engines.

• TruAI Vision: Face detection/matching/searching, object classification.

Recent Developments

• Partnerships and Collaborations:

• Formed a partnership with Microsoft to build AI solutions through Copilots on August 27, 2024.

• Recognition and Certifications:

• Earned ISO 42001:2023 Certification for Artificial Intelligence Management Systems on June 27, 2024.

• Featured in the Gartner® Magic Quadrant™ for Finance & Accounting Business Process Outsourcing for the third consecutive year on June 4, 2024.

• Recognized amongst India’s Top 500 Value Creators by Dun & Bradstreet on May 23, 2024.

• Financial Performance:

• Q1FY25 revenue reported at ₹394 crore with an EBITDA of ₹51 crore on August 1, 2024.

• Q4FY24 revenue increased by 11.8% QoQ to ₹413 crore; EBIT up by 27.8% QoQ to ₹56 crore, with annual revenue for FY24 at ₹1550 crore on May 8, 2024.

• Product Innovations:

• Recognized for the TruCap+ Intelligent Document Processing Solution by Everest Group for the sixth consecutive time on May 2, 2024.

• Patents:

• Granted a patent for its proprietary AI-powered Intelligent Document Processing Software on June 19, 2024.