Fractal Analytics to hire 1,000 employees in this financial year
Fractal Analytics, a multinational artificial intelligence, and analytics company is hiring 1,000 software engineers and graduates.
The company provides services in consumer packaged goods, insurance, healthcare, life sciences, retail and technology, and the financial sector. It was founded in 2000 in Mumbai by Srikanth Velamakanni (Vice-Chairman and Group Chief Executive), Pranay Agrawal (Chief Executive) Nirmal Palaparthi, Pradeep Suryanarayan, and Ramakrishna Reddy.
Commenting on the hiring plan Srikanth Velamakanni said, “We hired close to 600 in 2020-21, 250 of them from the campuses. We will add 1,000 more to our headcount in FY22, as we’ve set a revenue growth target of at least 37 percent (Rs 1,370-1,400 crore) this fiscal. We closed FY21 with a topline (revenue) of Rs 1,000 crore,”
He said their tools help companies understand customers by building better ties with them, besides helping reduce inefficiencies by improving supply chains that help reduce wasting both resources, time, and money.
Fractal’s AI products include those to assist radiologists in making better diagnostic decisions, to help CEOs and CXOs make better tactical and strategic decisions, those to improve investment decisions, and those to find anomalies in high-velocity data as per PTI Inputs
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