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Stock impact report

Hitachi and Virtusa Partner to Advance AI in Financial Services

VIRTUSA (VRTU) 
Last virtusa earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: virtusa.com/investors/company-overview
Company Research Source: GlobeNewswire
SOUTHBOROUGH, Mass., June 03, 2019 (GLOBE NEWSWIRE) -- Hitachi, Ltd. (TSE: 6501, Hitachi) and Virtusa Corporation (NASDAQ GS: VRTU) a global provider of digital strategy, digital engineering, and IT outsourcing services that accelerates business outcomes for its clients, today announced a new partnership to capitalize on the rapidly growing adoption of AI in financial services. The agreement to collaborate on these digital solutions was signed in April 2019.  Increasingly, financial services companies need to implement emerging technologies like AI to stay competitive, identify new clients, and serve new markets. Combining deep domain expertise with digital solutions that use advanced technologies including AI can help financial services organizations accelerate customer acquisition rates, increase revenue by anticipating customer needs, and deliver personalized offerings at the right time and at the right location. As part of the agreement, the two companies have established a de Show less Read more
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