SAN FRANCISCO, June 26, 2024 /PRNewswire/ -- Fractal
(www.fractal.ai), a global provider of artificial intelligence and
advanced analytics solutions to Fortune 500® companies, today
announced the merger of Eugenie AI (Eugenie.ai), an AI company
dedicated to providing AI-driven products for climate change and
industrial sustainability.
Founded in 2021, Eugenie has established itself as one of the
pioneering forces in AI-driven climate solutions. Their clientele
includes some of the world's largest industrial corporations across
energy, metals & mining, and other hard-to-abate sectors.
Eugenie's achievements include being featured at the prestigious
2024 Google I/O, being an alum of the Google for Startups: Climate
Change accelerator and winning multiple global accolades such as
the NASSCOM Emerge 50, Tech30 recognition by YourStory, and the
Vedanta Spark Corporate Innovation Challenge. Eugenie has been
featured as a key provider by Gartner in its 2023 Market Guide for
Energy Management and Optimization Systems & Market Guide for
Commercial and Industrial Energy Management and Optimization
Systems.
Srikanth Velamakanni,
Co-founder, Group Chief Executive & Vice Chairman, Fractal,
said, "We are excited to welcome Eugenie back into the Fractal
family. Eugenie's cutting-edge AI technologies and their commitment
to combating climate change align perfectly with our vision to
leverage AI for social good. Together, we aim to accelerate the
development and deployment of innovative solutions that address
some of the most pressing environmental challenges of our time.
Eugenie's expertise in serving major industrial clients complements
our goal of creating significant value for client in Fortune 100
organizations."
Dr. Soudip Roy Chowdhury, Founder and CEO, Eugenie AI,
said, "Joining forces with Fractal marks a significant milestone
for Eugenie. Our shared values and complementary expertise will
enable us to scale our impact and continue our mission to drive
sustainable industrial transformations. We look forward to working
together to create a future where technology and nature coexist
harmoniously. By integrating our AI-driven solutions with Fractal's
extensive capabilities, we can offer even greater value to our
clients, helping them achieve their sustainability goals."
The merger of Eugenie reinforces Fractal's commitment to
harnessing the power of artificial intelligence to address global
challenges and underscores its dedication to sustainability and
innovation. By integrating Eugenie's expertise in
climate-focused AI solutions, Fractal aims to expand its portfolio
and deliver even greater value to its clients and communities
worldwide.
Eugenie's focus on providing AI solutions to some of the
hardest-to-abate sectors aligns perfectly with Fractal's vision of
driving significant value for large enterprises. This strategic
merger will enhance Fractal's ability to offer comprehensive AI
solutions that not only optimize business operations but also
contribute to a more sustainable and resilient industrial
ecosystem.
For more information, please visit www.fractal.ai and
www.eugenie.ai.
About Fractal
Fractal is one of the most prominent providers of Artificial
Intelligence to Fortune 500® companies. Fractal's vision is to
power every human decision in the enterprise, and bring AI,
engineering, and design to help the world's most admired
companies.
Fractal's businesses include Crux Intelligence (AI driven
business intelligence), Eugenie.ai (AI for sustainability),
Asper.ai (AI for revenue growth management), Senseforth.ai
(conversational AI for customer service) & Flyfish (generative
AI for Sales). Fractal incubated Qure.ai, a leading player in
healthcare AI for detecting Tuberculosis and Lung cancer.
Fractal currently has 4500+ employees across 17 global
locations, including the United
States, UK, Ukraine,
India, Singapore, Middle
East and Australia. Fractal
has been recognized as 'Great Workplace' and 'India's Best Workplaces for Women' in the top
100 (large) category by The Great Place to Work® Institute;
featured as a leader in Data Engineering services 2024 & Data
Science Services 2024 by Information Services Group, Leader in AI
and Analytics Services Specialists Peak Matrix Assessment 2021 by
Everest Group, Leader in Customer Analytics Service Providers Wave™
2023 by Forrester Research, Inc.
About Eugenie AI:
Eugenie is a forward-thinking AI company, headquartered in NY,
USA dedicated to creating solutions that address climate change and
promote industrial sustainability. Leveraging advanced AI
technologies, Eugenie empowers organizations to achieve their
sustainability goals and contribute to a healthier planet.
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