EXL Digital Transformation Recognized with 2021 ISG Digital Case Study Award™

Rhea-AI Summary

EXL (NASDAQ: EXLS), a leader in operations management and analytics, has received the 2021 ISG Digital Case Study Award™ for exemplary digital transformation initiatives. The award recognized a project with a U.K.-based energy provider, focusing on the Management Information Assistant (MIA) platform. This AI-driven solution improved customer experience, workforce productivity, and recovered lost revenue due to billing errors. ISG selected EXL based on a competitive process involving nearly 250 submissions, emphasizing the tangible impact of digital solutions on client operations.

Positive

• Recognition by ISG for digital transformation excellence.
• Successful deployment of the MIA platform improving customer experience.
• Recovery of revenues lost to billing errors.

Negative

• None.

NEW YORK, July 19, 2021 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading operations management and analytics company today announced it has been recognized by Information Services Group (ISG), a leading global technology research and advisory firm, with the 2021 ISG Digital Case Study Award™, which is presented to select IT and business services providers for best-in-class digital transformation work with their enterprise customers.

ISG selected case studies from 39 providers for this year’s Awards from nearly 250 submissions. A majority of digital transformation initiatives submitted for consideration were focused on improvements in customer and user experience, with the related goal of driving top-line revenue growth.

EXL was recognized for a major digital transformation project with a large, U.K.-based energy and home services provider. The project involved the development of a Management Information Assistant (MIA) platform, a search-based business intelligence solution that deploys artificial intelligence to analyze and manage a large section of back- and front-office services. MIA is part of EXL’s connected customer journey framework: CONNECX.

The client used the MIA to optimize their connected customer journey by generating actionable insights about their business processes and identifying areas for improvement. As a result, EXL helped the client improve customer experience, workforce productivity, and recover revenues lost to billing errors.

Said Ankor Rai, Chief Digital Officer, EXL, “The ability to move from data to insights, and insights to outcomes, is essential for success in today’s business environment. We’re proud of the way MIA and the other solutions in our suite of AI, machine learning, and analytics-powered offerings help businesses achieve their most pressing goals.”

“At such a vital time for businesses around the globe, harnessing the full potential of a firm’s data to improve customer experience and achieve optimal business outcome has never been more important,” said Rahul Arora, EXL Emerging Business Head UK & Europe. “We are proud to be recognized for our work developing this solution, and -- by continuing to make significant investments in AI-led platforms, advanced analytics and digital pinpoint solutions – we look forward to helping more clients achieve this kind of success and move head-on into an exciting future.”

The ISG Digital Case Study Awards evaluate the objectives, solutions and outcomes achieved through digital transformation projects. Technology and service providers worldwide submit case studies, which are independently validated by the enterprise client and reviewed by an expert ISG digital research review committee. Selections are based on a multi-dimensional assessment of the tangible impact of digital transformation on the client’s business and the uniqueness of the provider’s solution.

“The events of the past year have accelerated the adoption of digital technologies and business models,” said Paul Reynolds, ISG partner and chief research officer. “Enhancing customer and user experience was the most prevalent objective across the enterprise-provider projects we examined, and the transformational role providers are playing was evidenced by the many innovative and impactful solutions they delivered.”

The ISG Digital Case Study Awards program and related research help guide ISG’s digital advisory work with enterprise clients. For more information about the ISG Digital Case Study Awards™ Research program, visit the program website or contact ISG.

To view EXL’s digital case study, visit here.

About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

About EXL
EXL (NASDAQ: EXLS) is a leading operations management and analytics company that helps our clients build and grow sustainable businesses. By orchestrating our domain expertise, data, analytics and digital technology, we look deeper to design and manage agile, customer-centric operating models to improve global operations, drive profitability, enhance customer satisfaction, increase data-driven insights, and manage risk and compliance. Headquartered in New York, EXL has approximately 31,600 professionals in locations throughout the United States, the United Kingdom, Europe, India, the Philippines, Colombia, Canada, Australia and South Africa. EXL serves customers in multiple industries including insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics, media and retail, among others. For more information, visit www.exlservice.com.

FAQ

What award did EXL receive in 2021?

EXL received the 2021 ISG Digital Case Study Award™ for digital transformation.

What was the focus of EXL's recognized digital transformation project?

The focus was on the development of the MIA platform, an AI-driven business intelligence solution.

How did the MIA platform impact EXL's client?

It improved customer experience, workforce productivity, and recovered lost revenues from billing errors.

How many submissions were considered for the ISG Digital Case Study Awards?

Nearly 250 submissions were reviewed for the awards.

What is the significance of the ISG Digital Case Study Award?

The award evaluates the tangible impact of digital transformation on clients' businesses.