XELAP - Exela Technologies and XBP Europe Announce the Launch of Reaktr.ai to Provide Cybersecurity Data Modernization and Multi-Cloud Management Enabled by AI | Benzinga
IRVING, Texas and LONDON, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (NASDAQ:XELA, XELAP)) and XBP Europe ("XBP") (NASDAQ:XBP, XBPEW)) announce the launch of a new Global Business Unit, Reaktr.ai. This step follows the successful expansion of FAO services more than a year ago, which was well received by customers, resulting in many new logos and industry accolades. Reaktr.ai is another example of Exela addressing a rapidly changing industry in which demand outpaces the customer's capacity to access available talent.
Reaktr.ai will be spearheaded by industry veteran Vineet Chaku as President. This strategic move positions the Company at the forefront of the cyber, large data and generative AI landscape.
Reaktr.ai is also establishing Centers of Excellence (CoE) for both Exela and XBP, propelling operational efficiency and innovation to enterprise customers. Reaktr.ai is focused on four key services:
- AI-Powered Growth: Architecting and deploying scalable AI platforms designed to fuel internal operations and deliver innovative solutions to customers including private GPT for enterprises
- Data Modernization: Modernizing data infrastructure, including cloud migration, to unlock deeper insights and drive better decision-making
- Multi-Cloud Management: Managing complexity around multiple public and private clouds through observability, unified orchestration and fiscal management
- Cybersecurity: Fortifying customers' defenses against evolving threats and ensuring the integrity of their operations
"We are thrilled to have Vineet lead these key strategic services and solutions," said Sriram Ramanathan, Exela's Chief Technology Officer. "Vineet's expertise and vision will be instrumental in building this business that not only serves our operations but also harnesses the transformative power of AI and data to transform customers on their digital journeys."
Exela and XBP are committed to delivering the future of technology today. Reaktr.ai represents ...