Latest news with #AeriesTechnology
Globe and Mail
19 hours ago
- Business
- Globe and Mail
Aeries Technology (AERT) Delivers High-Performing Global Capability Center for Leading U.S. Healthcare Fintech Platform
Transition of custom-built India GCC reflects operational excellence, AI-enabled execution, and long-term value creation for client now assuming full ownership New York, New York--(Newsfile Corp. - June 26, 2025) - Aeries Technology, Inc. (NASDAQ: AERT) ("Aeries" or the "Company"), a global leader in AI-enabled value creation and Global Capability Center (GCC) delivery for private equity (PE) portfolio companies, today announced the successful completion and transition of a high-performing GCC in India to one of its long-standing clients—a top-tier U.S.-based healthcare fintech platform. Launched during the pandemic, the engagement spanned four years and included the full lifecycle design, build, and operation of the client's custom GCC. The center scaled to more than 300 professionals across Service Operations, Platform & IT, Product Engineering, Finance, and Data & Analytics. Built to meet stringent HIPAA-compliant controls and regulatory-grade uptime expectations, the GCC became a mission-critical engine of service delivery, innovation, and cost optimization. Under Aeries' leadership, the center achieved consistently high service-level performance, strong employee satisfaction scores, and enterprise-grade operational resilience. As the client's growth strategy evolved, the company opted to transition the GCC into a wholly owned subsidiary—underscoring Aeries' ability to deliver structural flexibility and long-term value creation. "This hand-off demonstrates how Aeries delivers scalable, future-ready operating platforms that unlock innovation and long-term strategic advantage," said Ajay Khare, Chief Executive Officer of Aeries Technology. "We are proud to support clients as they transform outsourced execution into enterprise capability." The seamless transition also reflects the strength of Aeries' shared governance model, AI-enabled operations discipline, and embedded compliance infrastructure. The Company continues to expand its presence as a transformation partner to PE-backed and growth-stage businesses across healthcare, fintech, and enterprise software. About Aeries Technology Aeries Technology (NASDAQ: AERT) is a global leader in AI-enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private equity (PE) portfolio companies. Supporting scalable, technology-driven execution since 2012, Aeries has earned Great Place to Work Certification for two consecutive years. Forward-Looking Statements This press release contains forward-looking statements, including statements regarding client transitions, strategic partnerships, and operational execution. These statements are subject to risks and uncertainties detailed in the Company's SEC filings. Actual results may differ. Aeries disclaims any obligation to update statements except as required by law.
Yahoo
03-06-2025
- Business
- Yahoo
Aeries Technology enters partnership with Fortra
Aeries Technology (AERT) announced a strategic partnership with Fortra. This collaboration is aimed at establishing GCCs for Fortra in both India and Mexico, to expand their existing India-based workforce and add a nearshore hub. Aeries will leverage its expertise to deliver purpose-built solutions through these GCCs, focusing on enhancing core business functions. The GCCs will enable Fortra to further access a skilled and diverse talent pool, ensure cost efficiency, and scale operations, aligning strategically with their business objectives. These facilities will serve as a hub for fostering innovation, optimizing operational efficiency, and accelerating digital transformation initiatives. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on AERT: Disclaimer & DisclosureReport an Issue Aeries Technology Updates Executive Employment Agreements 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
01-04-2025
- Business
- Yahoo
Aeries Technology, Inc (AERT): Among the Best Consulting Stocks to Buy According to Hedge Funds
We recently compiled a list of the 12 Best Consulting Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Aeries Technology, Inc (NASDAQ:AERT) stands against the other consulting stocks. Consulting stocks are shares of publicly traded firms that assist businesses and other organizations by providing advice and expertise. Despite geopolitical turmoil, economic turbulence, and a flurry of technology breakthroughs affecting business in all sectors in recent years, the consulting industry's market size has consistently grown. It shows no indications of slowing in 2025. According to a study report issued by Spherical Insights & Consulting, the global consulting services market was valued at $327.65 billion in 2023 and is expected to reach $494.36 billion by 2033. Regionally, North America is anticipated to have the highest share of the global consulting service market during the forecast period. On the other hand, Asia-Pacific is projected to develop at the quickest rate in the global consulting service market during the forecast period. According to SPI Research's Professional Services Maturity Benchmark Report, despite economic volatility, management consultants' revenue rose by 9% in 2023 YoY, driven mainly by AI, technology, and sustainability services. While global professional services growth slowed to 7.8%, management consulting outperformed the trend. 'The move to implement artificial intelligence in every industry was a key factor driving growth,' SPI stated, citing cloud, cybersecurity, robotics, and business process digitization as significant demand areas. Fee increases helped to offset inflation, with the average billable revenue per consultant climbing to $212,000. Acquisitions also had a role, with individual transactions raising revenue by 8% on average. Positive signals are emerging from the management consulting industry, with several prominent firms expressing confidence in the market and business prospects for the coming year. Henrik Ringgaard Pedersen, head of Nordic at PA Consulting, believes that resilience advisory, AI integration, and private equity involvement will influence the consulting sector in 2025. He underlines the growing demand for resilience consulting, particularly in financial services, with a heavy emphasis on cybersecurity and IT security. He observes a shift in client expectations, which requires consultants to give specialized expertise rather than generic solutions. Artificial intelligence remains a top priority, but companies must assist clients in setting reasonable expectations. Pedersen stated the following in this regard: 'We've moved from hype to reality, and now it's about carefully considering how and to what extent AI should be used. The industry will prioritize strategic AI adoption over chasing trends.' Another trend is rising private equity interest in consulting firms, with potential acquisitions on the horizon. Pedersen sees this as a possible opportunity, noting that some businesses are also looking into new structures to stay relevant. 'Securing capital from private equity funds or even being acquired is undoubtedly a growth opportunity,' he commented. In 2021, PA Consulting itself changed ownership from the Carlyle Group to Jacobs, showing the growing internationalization of the consulting industry. A financial advisor consulting with investors on their portfolio in a large boardroom. We sifted through holdings of consulting services ETFs and online rankings to form an initial list of 20 Consulting stocks. From the resultant dataset, we chose the top 12 stocks most favored by hedge funds, using Insider Monkey's database of 1,009 hedge funds in Q4 2024 to gauge hedge fund sentiment for stocks. We have used the stock's Revenue Growth Rate (year-over-year) as a tie-breaker in case two or more stocks have the same number of hedge funds invested. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Number of Hedge Fund Investors: 9 One of the Best Consulting Stocks, Aeries Technology, Inc (NASDAQ:AERT) is a professional and management services partner that provides a variety of management consulting services to private equity sponsors and their portfolio companies. Its engagement models have been developed to provide a mix of deep vertical specialty, functional expertise, and digital systems and solutions to scale, optimize, and transform a client's business operations. The firm supports and promotes its clients' global growth by offering a range of management consulting services, including professional advisory services and operations management services, to build and maintain dedicated delivery centers in strategic locations based on customer business needs. In Q3 2025, Aeries Technology, Inc (NASDAQ:AERT) reported solid North American sales growth of $16.4 million, a 13.1% YoY rise, accounting for more than 93% of the total business. The company also made a remarkable financial turnaround, reporting a net income of $2.0 million versus a net loss of $16.3 million in the previous year's third fiscal quarter. Cost-cutting efforts, notably in SG&A expense reductions, are projected to deliver extra revenue gains. Furthermore, its AI-driven transformation continues to produce real results, such as 90% accuracy in attrition prediction for a telecom client and a 40% reduction in human intervention for IT support in healthcare. Aeries Technology, Inc (NASDAQ:AERT) recently announced a strategic leadership restructuring, naming Ajay Khare CEO and Daniel Webb CFO to promote development and operational excellence. Khare will concentrate on revenue development and improving its GCC market position, while Webb will optimize its financial strategy. The business intends to improve efficiency and grow value-driven solutions for companies supported by private equity by using AI-driven transformation and having a strong leadership team. Overall, AERT ranks 12th on our list of the Best Consulting Stocks to Buy According to Hedge Funds. While we acknowledge the potential for AERT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AERT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stock To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at . Sign in to access your portfolio
