Latest news with #Altimetrik
Yahoo
17-07-2025
- Business
- Yahoo
Altimetrik Scales Its AI-led Growth Agenda for Customers Globally with the Launch of ALTI Lab™ in India
ALTI Lab™ empowers enterprises worldwide to seamlessly transition from prototype to production using an effective lab-to-factory model, driving rapid AI adoption. The company is boosting its AI-growth agenda through partnerships with OpenAI, AWS, Snowflake, and Databricks DETROIT, July 17, 2025--(BUSINESS WIRE)--Altimetrik, a pure-play AI-first, data, and digital engineering solutions company, has opened ALTI Lab™, a dedicated center for rapid prototyping and applied innovation, accelerating the company's AI-first strategy. Located in Bengaluru, India, ALTI Lab™ operates on a lab-to-factory model to develop enterprise-grade AI solutions and scale adoption across both client engagements and internal business functions through co-creation, integrated deployment, and targeted talent development. With an AI-first foundation, ALTI Lab™ builds core capabilities that fuel growth and innovation. Key capabilities include: Production-grade AI accelerators – A growing suite of tools, including the LLM Benchmarking Accelerator, KIONE, and underpinned by Altimetrik's Agentic Development and Assessment (ADA) Framework, helping organizations move from AI ambition to scalable action Cloud-native flexibility with model-agnostic design – Native support for leading platforms such as OpenAI, Gemini, Llama, GCP, AWS, Azure, and Snowflake, ensuring flexible, secure, and future-ready solution development Accelerated time-to-value – Rapid prototyping models cutting time-to-value by over 30%, enabling faster experimentation and enterprise-grade deployment Domain-specific LLMs – Purpose-built models combining contextual accuracy with governance-ready frameworks and supporting secure, high-impact use cases across regulated and high-growth industries AI-first workforce readiness – A structured and rewarding in-house ecosystem focused on building native AI expertise across roles through continuous learning, certification pathways, and hands-on experience in building, piloting, and scaling AI solutions "The launch of ALTI Lab™ marks a breakthrough moment in our journey as an AI-first company," said Raj Sundaresan, CEO, Altimetrik. "Enterprises need production-grade AI that delivers measurable results. That's precisely what ALTI Lab™ is designed to achieve. What sets this apart is our ability to combine deep engineering rigor with practitioner-led domain expertise. Through ALTI Lab™, we are enabling our clients to adopt AI in ways that are smarter in design, bolder in ambition, and faster in execution." Commenting on the occasion, Phil Fersht, CEO and Chief Analyst, HFS Research, said, "The launch of ALTI Lab™ is a timely initiative by Altimetrik to tackle today's persistent enterprise AI hurdle: moving from experimentation to execution. Many firms remain stuck in pilot mode, lacking a clear route to scale. Altimetrik's lab-to-factory model, grounded in its Service-as-Software approach, aims to shift the focus from AI as one-off projects to more repeatable, productized services. By integrating platform-native flexibility with engineering discipline and leveraging an ecosystem that includes OpenAI, AWS, Snowflake, and Databricks, the company is helping organizations advance their AI efforts in a more structured and scalable manner." Real-world domain-specific applications showcased at launch include: - On-prem GenAI capabilities for a banking giant by combining Retrieval Augmented Generation (RAG) and domain-specific Small Language Models (SLM) to facilitate real-time risk monitoring- Next-gen Intelligent Conversational AI Agent to create effective upsell/cross-sell opportunities and next best actions for retail and consumer brands- Accelerating the pharma value chain from clinical trials and drug discovery to manufacturing and accessibility through effective AI orchestration.- AI-powered assistant that instantly delivers contextual insights from complex automotive enterprise data through natural language queries, enabling faster, smarter decisions. Adam Caplan, President of Digital Business and AI, added, "ALTI Lab™ is purpose-built for applied research. It provides engineers, data scientists, and product teams with the space, tools, and structure they need to test emerging models, benchmark performance, and develop production-ready solutions across diverse tech stacks. This scalable, engineering-ready environment brings AI use cases to life, turning innovation into execution, at scale." The launch of ALTI Lab™ reflects the company's focus on executing its AI-first growth agenda through high-impact partnerships with OpenAI, AWS, Snowflake, Databricks, and other ecosystem leaders, enhancing Altimetrik's ability to deliver secure, platform-native AI solutions globally. Learn more about Altimetrik's ALTI Lab™ and AI services. About AltimetrikAltimetrik is a pure-play AI, Data, and Digital business services company. We focus on delivering business outcomes with an incremental, product-oriented approach. Our industry-first, proven digital business methodology provides a blueprint to develop, scale, and launch new products to market faster. Our team of 6,000+ practitioners with software, data, and cloud skills builds an agile engineering culture of collaboration and innovation that modernizes technology and builds new business models in bite-sized increments. As a strategic partner and catalyst, Altimetrik quickly delivers results without disruption. Recognized as a Major Contender in Everest Group's BFSI IT Services Specialists PEAK Matrix® Assessment 2025 and a Product Challenger in ISG Provider Lens™ 2024 for Advanced Analytics and AI Services, Altimetrik continues to lead the way in delivering cutting-edge digital transformation. Learn more at View source version on Contacts Gurvinder Singh SahniAltimetrikGSahni@ Matt McLoughlinGregory FCA on behalf of Altimetrikaltimetrik@ +1 610-228-2123 Sign in to access your portfolio
Business Wire
10-07-2025
- Business
- Business Wire
Altimetrik Names Sreenivas V as its Chief Financial Officer to Lead the Accelerated Global Growth Through AI-First Transformation
DETROIT--(BUSINESS WIRE)-- Altimetrik, a pure-play AI-First, data and digital engineering solutions company, has appointed Sreenivas V as its new Chief Financial Officer (CFO). Reporting directly to CEO Raj Sundaresan, Sreenivas will strategically transform and spearhead the company's global finance function as Altimetrik accelerates into its next growth phase, fuelled by AI innovation. Embracing an AI-First approach across its internal operations and client engagements, Altimetrik has embarked on a series of transformative initiatives aimed at unlocking the full potential of AI to deliver business value. As part of its strategic expansion, the company recently announced the signing of a definitive agreement to acquire SLK Software, strengthening its end-to-end enablement services, expanding its customer reach and global delivery capabilities. Reinforcing its long-term vision, Altimetrik remains committed to pioneering industry-leading AI-led initiatives that accelerate enterprise AI adoption and deliver measurable, high-impact outcomes at scale. 'Sreenivas joins us at a time when we are redefining the future of digital engineering,' said Raj Sundaresan, CEO, Altimetrik. 'As we expand our AI-First execution across clients, and commercialize our innovations through our AI lab, his strategic financial acumen and proven ability to architect financial frameworks that enable aggressive scaling while maintaining the operational discipline makes him the ideal leader to deliver remarkable outcomes to all stakeholders.' Sreenivas brings over two decades of distinguished leadership experience across 30+ countries in the Technology industry, with a strong track record across Corporate Strategy, Finance & Accounts, M&A, Investor Relations, Business Operations and Enterprise Transformation. He has successfully orchestrated complex IT outsourcing and application engineering deals totalling over $600 million in total contract value. His impressive track record includes key contributions to landmark industry milestones such as India's largest private-sector IPO at TCS, the largest private equity investment in Indian IT services at Hexaware, and expertise in scaling enterprises, restructuring balance sheets and unlocking substantial value through business transformation at Plintron and Collabera Digital. An alumnus of IIT Madras and IIM Calcutta, Sreenivas holds advanced certifications in Finance, Treasury Management, and Investment Management. 'The intersection of AI and strategic finance represents the next frontier in value creation and I'm committed to positioning Altimetrik at the forefront in this evolving landscape,' said Sreenivas V, CFO, Altimetrik. 'As we scale our AI-First delivery and integrate AI-led innovation into the market, Finance will be a key enabler of sustainable value creation. Having successfully navigated global expansion amid diverse economic environments, I'm energized by the opportunity to earn and uphold the trust of our clients, partners, employees, and shareholders.' This leadership appointment reinforces Altimetrik's commitment to world-class leadership, following recent appointments of Chief Operating Officer Rajeev Jain and Chief Marketing Officer Gurvinder Sahni, the enhanced C-suite positions Altimetrik to capitalize on unprecedented demand for AI-driven digital transformation solutions. These leadership appointments come at a pivotal moment as enterprises worldwide seek trusted partners to operationalize AI at scale, with Altimetrik uniquely positioned to deliver incredible business outcomes anchored in AI-led agility, a product-centric engineering model, and data-driven decision-making through its proven Digital Business Methodology and industry-leading AI-First approach. About Altimetrik Altimetrik is a pure-play AI-First, Data, and Digital business services company. We focus on delivering business outcomes with an incremental, product-oriented approach. Our industry-first, proven digital business methodology provides a blueprint to develop, scale, and launch new products to market faster. Our team of 6,000+ practitioners with software, data, and cloud skills builds an agile engineering culture of collaboration and innovation that modernizes technology and builds new business models in bite-sized increments. As a strategic partner and catalyst, Altimetrik quickly delivers results without disruption. Recognized as a Major Contender in Everest Group's BFSI IT Services Specialists PEAK Matrix® Assessment 2025 and a Product Challenger in ISG Provider Lens™ 2024 for Advanced Analytics and AI Services, Altimetrik continues to lead the way in delivering cutting-edge digital transformation. Learn more at
Yahoo
10-07-2025
- Business
- Yahoo
Altimetrik Names Sreenivas V as its Chief Financial Officer to Lead the Accelerated Global Growth Through AI-First Transformation
Seasoned executive brings two decades of global technology leadership to propel Altimetrik to $1B revenue trajectory and solidify as an AI-native, digital engineering powerhouse DETROIT, July 10, 2025--(BUSINESS WIRE)--Altimetrik, a pure-play AI-First, data and digital engineering solutions company, has appointed Sreenivas V as its new Chief Financial Officer (CFO). Reporting directly to CEO Raj Sundaresan, Sreenivas will strategically transform and spearhead the company's global finance function as Altimetrik accelerates into its next growth phase, fuelled by AI innovation. Embracing an AI-First approach across its internal operations and client engagements, Altimetrik has embarked on a series of transformative initiatives aimed at unlocking the full potential of AI to deliver business value. As part of its strategic expansion, the company recently announced the signing of a definitive agreement to acquire SLK Software, strengthening its end-to-end enablement services, expanding its customer reach and global delivery capabilities. Reinforcing its long-term vision, Altimetrik remains committed to pioneering industry-leading AI-led initiatives that accelerate enterprise AI adoption and deliver measurable, high-impact outcomes at scale. "Sreenivas joins us at a time when we are redefining the future of digital engineering," said Raj Sundaresan, CEO, Altimetrik. "As we expand our AI-First execution across clients, and commercialize our innovations through our AI lab, his strategic financial acumen and proven ability to architect financial frameworks that enable aggressive scaling while maintaining the operational discipline makes him the ideal leader to deliver remarkable outcomes to all stakeholders." Sreenivas brings over two decades of distinguished leadership experience across 30+ countries in the Technology industry, with a strong track record across Corporate Strategy, Finance & Accounts, M&A, Investor Relations, Business Operations and Enterprise Transformation. He has successfully orchestrated complex IT outsourcing and application engineering deals totalling over $600 million in total contract value. His impressive track record includes key contributions to landmark industry milestones such as India's largest private-sector IPO at TCS, the largest private equity investment in Indian IT services at Hexaware, and expertise in scaling enterprises, restructuring balance sheets and unlocking substantial value through business transformation at Plintron and Collabera Digital. An alumnus of IIT Madras and IIM Calcutta, Sreenivas holds advanced certifications in Finance, Treasury Management, and Investment Management. "The intersection of AI and strategic finance represents the next frontier in value creation and I'm committed to positioning Altimetrik at the forefront in this evolving landscape," said Sreenivas V, CFO, Altimetrik. "As we scale our AI-First delivery and integrate AI-led innovation into the market, Finance will be a key enabler of sustainable value creation. Having successfully navigated global expansion amid diverse economic environments, I'm energized by the opportunity to earn and uphold the trust of our clients, partners, employees, and shareholders." This leadership appointment reinforces Altimetrik's commitment to world-class leadership, following recent appointments of Chief Operating Officer Rajeev Jain and Chief Marketing Officer Gurvinder Sahni, the enhanced C-suite positions Altimetrik to capitalize on unprecedented demand for AI-driven digital transformation solutions. These leadership appointments come at a pivotal moment as enterprises worldwide seek trusted partners to operationalize AI at scale, with Altimetrik uniquely positioned to deliver incredible business outcomes anchored in AI-led agility, a product-centric engineering model, and data-driven decision-making through its proven Digital Business Methodology and industry-leading AI-First approach. About Altimetrik Altimetrik is a pure-play AI-First, Data, and Digital business services company. We focus on delivering business outcomes with an incremental, product-oriented approach. Our industry-first, proven digital business methodology provides a blueprint to develop, scale, and launch new products to market faster. Our team of 6,000+ practitioners with software, data, and cloud skills builds an agile engineering culture of collaboration and innovation that modernizes technology and builds new business models in bite-sized increments. As a strategic partner and catalyst, Altimetrik quickly delivers results without disruption. Recognized as a Major Contender in Everest Group's BFSI IT Services Specialists PEAK Matrix® Assessment 2025 and a Product Challenger in ISG Provider Lens™ 2024 for Advanced Analytics and AI Services, Altimetrik continues to lead the way in delivering cutting-edge digital transformation. Learn more at View source version on Contacts Gurvinder Singh SahniAltimetrikGSahni@ Matt McLoughlinGregory FCA on behalf of Altimetrikaltimetrik@ +1 610-228-2123 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-06-2025
- Business
- Yahoo
Altimetrik to acquire SLK Software
Digital business company Altimetrik has signed a definitive agreement to acquire technology services firm SLK Software. With the acquisition, Altimetrik will seek to improve its end-to-end enablement services and broaden its customer base, aligning with its goal of reaching $1bn in annual revenue. The financial details of the deal were not divulged. However, The Economic Times reported that the transaction is valued at around $600m. Founded in 2000, SLK Software focuses on delivering AI, intelligence automation and analytics solutions. The acquisition is expected to bolster Altimetrik's capabilities by integrating its AI-first, platform-native engineering model with SLK's technology services stack. Altimetrik CEO Raj Sundaresan said: 'To enable an AI-First business a robust data cloud infrastructure that is grounded in product and platform engineering rigor is crucial. 'Our investment in SLK reflects our intention to deepen our commitment to customers who are looking for digital, AI-driven solutions that enable business value creation at unparalleled speed and scale.' The transaction is expected to close in the second half of this year, subject to customary closing conditions. Upon completion, the combined entity will serve more than 150 global businesses, including Fortune 500 companies. The partnership will encompass a network with industry pioneers such as OpenAI, Amazon Web Services, Snowflake, and Databricks. The combined firm will have a headcount of more than 10,000 professionals worldwide. SLK Software founder and chairman Parth Amin said: 'This is not a traditional integration. It is a strategic acceleration. 'In Altimetrik, we've found a partner who shares our values of customer intimacy, people centricity, and a passion for innovation and agility. Together we will unlock greater capabilities for our clients while preserving the speed and responsiveness they trust us for.' Avendus Capital served as the exclusive financial advisor to SLK Software, while EY advised Altimetrik and its majority owner TPG. "Altimetrik to acquire SLK Software" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Time of India
29-06-2025
- Business
- Time of India
In digi push, Altimetrik buys SLK Software
Digital engineering solutions company Altimetrik is acquiring Bengaluru-based SLK Software to accelerate its goal of reaching $1 billion in annual revenue. The transaction remains subject to customary closing conditions. Financial details were not disclosed. Founded in 2000, SLK Software is a tech services provider focused on bringing AI, intelligent automation, and analytics together to create solutions for customers. TNN Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
