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GENPACT LIMITED - G STOCK NEWS

Welcome to our dedicated page for GENPACT news (Ticker: G), a resource for investors and traders seeking the latest updates and insights on GENPACT stock.

Genpact Limited (NYSE: G) is a global professional services firm known for its commitment to delivering transformative business outcomes that shape the future. Established as a spin-off from General Electric in 1998, Genpact leverages its deep industry and functional expertise to provide innovative solutions across a range of sectors including banking and financial services, insurance, capital markets, consumer product goods, life sciences, infrastructure, manufacturing, healthcare, and high-tech.

With over 125,000 employees operating in more than 30 countries, Genpact prides itself on its ability to combine process expertise, technology capabilities, and industry knowledge to help clients achieve significant growth, cost efficiency, and business agility. The company’s proprietary digital business platform, Genpact Cora, integrates advanced technologies such as AI and analytics to streamline operations, enhance decision-making, and drive intelligent operations.

Genpact’s impressive client roster includes more than one-fourth of the Fortune Global 500, reflecting its reputation as a trusted partner for large-scale digital transformation projects. The firm’s dedication to operational excellence has led to collaborations with leading technology platforms like Salesforce, Microsoft, and other industry giants. Recent partnerships include a multi-year engagement with Advantage Solutions to implement industry-leading platforms and a strategic collaboration with Tropicana Brands Group to transform global business services and supply chain operations.

Financially, Genpact has demonstrated consistent growth. For the fiscal year ending December 31, 2023, the company reported annual revenue of $4.5 billion, showing a 2% year-over-year increase despite macroeconomic challenges. The company continues to invest in new technologies and innovative strategies to maintain its competitive edge. In May 2024, Genpact announced a $400 million notes offering intended for general corporate purposes, including the repayment of existing debt, which underscores its strong financial management and strategic foresight.

Genpact’s leadership in the industry is further evidenced by its recognition in various assessments, including Everest Group’s PEAK Matrix® Assessment for financial crime and compliance, where it was named a Leader for the fourth consecutive year. This accolade highlights Genpact’s comprehensive capabilities in areas such as anti-money laundering, fraud management, and risk compliance.

Committed to creating a positive impact, Genpact operates with a purpose-driven approach, aiming to build a world that works better for people. This ethos is reflected in every aspect of the company's operations, from its innovative solutions and strategic partnerships to its sustainable business practices.

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Genpact collaborates with Microsoft to leverage Azure OpenAI Service technology for generative AI capabilities. This partnership aims to drive enterprise efficiencies and solve day-to-day challenges with the help of large language models (LLMs). Genpact will provide comprehensive training programs and resources to support employees' use of generative AI tools.
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Genpact has been honored with the 2023 CSO50 Award for its efforts to enhance cyber resilience through a robust Threat Modelling Program. The program helped the company proactively identify and address potential cyber risks, including the threat of ransomware attacks. This recognition demonstrates Genpact's continued focus on cyber resilience.
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Genpact expands partnership with o9 Solutions to offer a planning-as-a-service solution leveraging generative AI. The subscription-based offering combines Genpact's expertise in digital innovation and supply chain transformation with o9's state-of-the-art technologies in generative AI and machine learning. The solution aims to help companies navigate supply chain disruptions and enhance their return on investment in digital transformation initiatives.
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Retail and consumer packaged goods (CPG) executives are struggling to keep pace with the changing nature of demand, according to a study by Genpact and HFS Research. The top concerns for these executives are inflation, cybersecurity, and supply chain disruption. The adoption of generative artificial intelligence (AI) is also posing challenges. The study emphasizes the importance of investing in digital modernization, consumer experience, and new business models to lead in the future. However, only 6% of retail and CPG companies are currently investing across all three areas. Companies need to transform their operations, invest in AI and data, and develop new business models to thrive in a digital-first world.
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FAQ

What is the current stock price of GENPACT (G)?

The current stock price of GENPACT (G) is $42.88 as of December 23, 2024.

What is the market cap of GENPACT (G)?

The market cap of GENPACT (G) is approximately 7.5B.

What does Genpact Limited do?

Genpact Limited provides professional services and digital transformation solutions across various industries, leveraging advanced technologies like AI and analytics.

How many employees does Genpact have?

Genpact has over 125,000 employees operating in more than 30 countries.

What are some recent achievements of Genpact?

Recent achievements include strategic partnerships with Advantage Solutions and Tropicana Brands Group, and recognition as a Leader in Everest Group’s PEAK Matrix® Assessment for financial crime and compliance.

What is Genpact Cora?

Genpact Cora is the company's digital business platform that integrates AI and analytics to streamline operations and enhance decision-making.

Who are some of Genpact’s clients?

Genpact's clients include more than one-fourth of the Fortune Global 500, covering sectors such as banking, insurance, healthcare, and consumer goods.

What are Genpact’s financial highlights for 2023?

For the fiscal year ending December 31, 2023, Genpact reported annual revenue of $4.5 billion, a 2% increase year-over-year.

Where is Genpact headquartered?

Genpact’s corporate office is located in New York City, with key management spread across various global locations.

What is the purpose of Genpact’s recent $400 million notes offering?

The $400 million notes offering is intended for general corporate purposes, including the repayment of existing debt.

What industries does Genpact serve?

Genpact serves industries including banking and financial services, insurance, capital markets, consumer product goods, life sciences, infrastructure, manufacturing, healthcare, and high-tech.

What recognition has Genpact received for its services?

Genpact has been recognized as a Leader in Everest Group’s PEAK Matrix® Assessment for financial crime and compliance for the fourth consecutive year.

GENPACT LIMITED

NYSE:G

G Rankings

G Stock Data

7.46B
161.76M
1.06%
102.98%
3.37%
Information Technology Services
Services-management Consulting Services
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United States of America
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