Latest news with #AgenticAI
Mint
3 hours ago
- Business
- Mint
Small-cap stock under ₹50 jumps 10% after Q1 results 2025. Check details
Shares of small-cap IT services player Kellton Tech Solutions rallied close to 10 percent on Wednesday, August 13, after the company posted robust financial results for the quarter ended June 2025 (Q1FY26). The upbeat earnings, coupled with strategic AI-driven initiatives and notable project wins, bolstered investor sentiment. Kellton Tech reported a net profit of ₹ 22.7 crore for the June quarter, reflecting a 17.97 percent sequential rise and a 13.59 percent increase compared to the same period last year. Total revenue came in at ₹ 296.1 crore, up 3.1 percent quarter-on-quarter (QoQ) and 12.8 percent year-on-year (YoY). EBITDA stood at ₹ 35.8 crore, translating into an EBITDA margin of 12.1 percent. Commenting on the performance, Chairman and Whole-time Director Niranjan Chintam credited the company's strong leadership and AI-first approach for delivering sustainable client solutions. He highlighted Kellton's focus on partnerships and the deployment of Agentic AI and Generative AI capabilities to create collaborative environments. These advancements, he said, have strengthened the company's product engineering, data engineering, and cloud engineering capabilities, setting the stage for measurable client results. Looking ahead, Chintam said Kellton is positioning itself as a leading AI-powered partner, combining AI-driven research with advanced digital transformation capabilities to continue delivering value to stakeholders. During the quarter, the IT company secured three notable projects: A partnership with a global beverage leader to implement Configuration Compliance, ensuring continuous monitoring, automation, and regulatory adherence, thereby reducing compliance risks and enhancing audit readiness. A strategic engagement with a leading U.S. health insurer to integrate Security Center, enabling real-time vulnerability detection, scalable workflows, and accelerated incident response for stronger cybersecurity defenses. Collaboration with a premier Indian travel technology provider to apply Agentic AI–driven automation in backend engineering, particularly for Amadeus EDIFACT and high-impact integrations, under a Master Services Agreement that could expand into AI-powered integration accelerators. Kellton participated in a NATO-led conference in Finland, presenting project outcomes, solving complex client challenges, and earning praise from NATO representatives for professionalism. It executed a zero-downtime migration of a mission-critical application for a global agriculture and food production major. The company also launched KAI, an enterprise-grade Agentic AI platform enabling intelligent, context-aware automation. Additionally, it was recognised by a Big Four firm for enhancing agentic workflows and improving the Climate AI tool's stability, performance, and scalability. The smallcap stock surged as much as 9.8 percent to touch an intraday high of ₹ 27.65. It now trades 22 percent below its 52-week high of ₹ 35.50, reached in December 2024, and above its 52-week low of ₹ 19 hit in April 2025. Over the past year, the IT stock has declined more than 17 percent, including an 8 percent drop in 2025 year-to-date.
Mint
4 hours ago
- Business
- Mint
Small-cap stock under ₹50 jumps 10% after Q1 results 2025. Check details
Shares of small-cap IT services player Kellton Tech Solutions rallied close to 10 percent on Wednesday, August 13, after the company posted robust financial results for the quarter ended June 2025 (Q1FY26). The upbeat earnings, coupled with strategic AI-driven initiatives and notable project wins, bolstered investor sentiment. Kellton Tech reported a net profit of ₹ 22.7 crore for the June quarter, reflecting a 17.97 percent sequential rise and a 13.59 percent increase compared to the same period last year. Total revenue came in at ₹ 296.1 crore, up 3.1 percent quarter-on-quarter (QoQ) and 12.8 percent year-on-year (YoY). EBITDA stood at ₹ 35.8 crore, translating into an EBITDA margin of 12.1 percent. Commenting on the performance, Chairman and Whole-time Director Niranjan Chintam credited the company's strong leadership and AI-first approach for delivering sustainable client solutions. He highlighted Kellton's focus on partnerships and the deployment of Agentic AI and Generative AI capabilities to create collaborative environments. These advancements, he said, have strengthened the company's product engineering, data engineering, and cloud engineering capabilities, setting the stage for measurable client results. Looking ahead, Chintam said Kellton is positioning itself as a leading AI-powered partner, combining AI-driven research with advanced digital transformation capabilities to continue delivering value to stakeholders. During the quarter, the IT company secured three notable projects: A partnership with a global beverage leader to implement Configuration Compliance, ensuring continuous monitoring, automation, and regulatory adherence, thereby reducing compliance risks and enhancing audit readiness. A strategic engagement with a leading U.S. health insurer to integrate Security Center, enabling real-time vulnerability detection, scalable workflows, and accelerated incident response for stronger cybersecurity defenses. Collaboration with a premier Indian travel technology provider to apply Agentic AI–driven automation in backend engineering, particularly for Amadeus EDIFACT and high-impact integrations, under a Master Services Agreement that could expand into AI-powered integration accelerators. Kellton participated in a NATO-led conference in Finland, presenting project outcomes, solving complex client challenges, and earning praise from NATO representatives for professionalism. It executed a zero-downtime migration of a mission-critical application for a global agriculture and food production major. The company also launched KAI, an enterprise-grade Agentic AI platform enabling intelligent, context-aware automation. Additionally, it was recognised by a Big Four firm for enhancing agentic workflows and improving the Climate AI tool's stability, performance, and scalability. The smallcap stock surged as much as 9.8 percent to touch an intraday high of ₹ 27.65. It now trades 22 percent below its 52-week high of ₹ 35.50, reached in December 2024, and above its 52-week low of ₹ 19 hit in April 2025. Over the past year, the IT stock has declined more than 17 percent, including an 8 percent drop in 2025 year-to-date. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
The Citizen
18 hours ago
- Business
- The Citizen
Microsoft Cloud partnership bolstered to drive AI transformation
The core focus areas for Middle East and Africa include rapidly scaling AI agents. NTT Data has unveiled a data business unit for Microsoft Cloud to meet rising demand for secure, AI-driven enterprise cloud transformation. The global unit brings together the company's deep industry and technical expertise in Microsoft Cloud, security and AI solutions to accelerate cloud modernisation, scale Agentic AI and navigate complex sovereignty and compliance requirements. AI tech Charlie Li, Head of Cloud and Security Services, NTT Data, said the global expanded collaboration with Microsoft reflects a shared commitment to tackle today's complex business challenges with speed, scale and trust. 'We're bringing together the strengths of both organisations to solve modern problems using advanced cloud and AI technologies, whether it's modernising operations, improving how people work and connect, or delivering more intelligent, secure and resilient digital experiences.' ALSO READ: WATCH: 'Gen AI solves problems that were too expensive to solve' – Cyborg Anthropologist Focus The core focus areas for the Middle East and Africa include rapidly scaling AI agents with Microsoft 365 Copilot and Microsoft Azure AI Foundry, enabling real-time voice communications and intelligent orchestration with speed, efficiency and ethical integrity. It also enables more connected, collaborative workplaces with Microsoft 365 and transforms engagement through integrated Microsoft Dynamics 365 Contact Centre solutions. Agentic AI The announcement also follows NTT Data's recently launched Agentic AI Services for Hyperscaler AI Technologies, built on Azure and Azure AI Foundry. There is growing demand for AI-powered automation, intelligent workflows and seamless enterprise integration and the need for scalable solutions that move AI out of the lab and into production. Usage Last month, a new report revealed that the informal and unregulated usage of generative artificial intelligence (GenAI) by businesses in South Africa poses a threat to both them and their employees. The report, produced by World Wide Worx and Dell Technologies, surveyed over 100 medium and large-sized enterprises nationwide. According to the findings, South African enterprises are rapidly integrating Generative AI (GenAI) into their operations, but most are doing so without formal strategies, dedicated leadership, or the infrastructure required to maximise value and minimise risk. This dramatic rise positions GenAI as the fastest-moving digital trend in the country. ALSO READ: Organisations encouraged to empower employees with AI fluency
Cision Canada
20 hours ago
- Business
- Cision Canada
Supercharging employee productivity; building a foundation to scale Français
I ris is a transformative application of GenAI and Agentic AI technology that directly impacts employee productivity while creating a foundation for Sun Life to scale future Client-facing innovations. Projected annual savings of over 24,000 hours for both employees and agents combined. TORONTO, Aug. 12, 2025 /CNW/ - For the second consecutive year, Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) has been named a 2025 CIO Awards Canada winner, this year for its internally developed GenAI-powered agent, Iris. The CIO Awards Canada celebrate Canadian organizations and the teams within them that are using IT in innovative ways to deliver business value. Sun Life's internal virtual agent, Iris, uses GenAI and Agentic AI to improve employee productivity and service desk efficiency. Iris is a secure service desk assistant that delivers instant, conversational responses to common inquiries such as password resets, software requests, and ticket status updates. Integrated into Sun Life's existing systems, service desk workflows and knowledge base, Iris creates a seamless and secure self-service option for employees while freeing up service desk agents' time to focus on more complex cases allowing employees to return to their priorities more quickly. The result: significant time savings, enhanced productivity, improved satisfaction, and a scalable model for future Client-facing AI innovations. Productivity by the numbers Iris has dramatically reduced average service desk resolution time by 83%, resolving over 80% of employee questions in under two minutes. More than 9,000 password resets have been completed over the past year. The current success rate is 82%. Iris has successfully handled approximately 10,000 employee queries since launch. Projected annual savings of over 24,000 hours for both employees and agents combined. "This recognition is a testament to the power of responsible innovation and how it can be leveraged to deliver Client and employee impact," said Laura Money, Executive Vice-President, Chief Information and Technology Innovation Officer, Sun Life. "Iris combines the power of GenAI and Agentic AI with practical application – delivering real time value for our employees while creating a blueprint for how we can apply GenAI to deliver enhanced productivity at scale across Sun Life globally and for our Clients." Digital leadership, backed by results Iris is foundational for future Client-focused innovations. The insights gained from this internal implementation are enabling Sun Life to scale similar GenAI and Agentic AI tools across all contact centres globally, transforming how Sun Life interacts with Clients, allowing faster, more personalized digital experiences. In addition, the Agentic AI system functionalities continue to expand and will have the ability to handle increasingly complex employee needs as Sun Life continues to introduce new features. "With measurable gains in efficiency, satisfaction and speed, Iris is a tangible example of how Sun Life is delivering on its innovation agenda," adds Money. "By putting advanced technology like this at the centre of everything we do, we are safely and responsibly leveraging GenAI and Agentic AI to enhance operational efficiency while creating a foundation for broader digital transformation to meet the future needs of our employees and Clients." Iris is just one step on Sun Life's broader digital transformation journey. The enterprise recently also developed and launched the Advisor Notes Assistant tool, an innovative GenAI tool designed to enhance the Client experience and streamline advisor workflows. This cutting-edge technology helps advisors save 15-30 minutes of administrative effort per meeting, enabling them to spend more time deepening Client relationships and providing trusted tailored advice. Sun Life is committed to digital leadership and to ensuring a focus on Client impact by continuing to adopt and experiment with innovative technology. Our culture is rooted in safety and security which extends to our adoption of emerging technologies. Through technology like GenAI, Sun Life empowers its people to enhance their skills to deliver on our Purpose of helping Clients achieve lifetime financial security and live healthier lives. About Sun Life Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the U.S., the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of June 30, 2025, Sun Life had total assets under management of $1.54 trillion. For more information, please visit Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF. About the CIO Awards Canada The CIO Awards for Canada celebrate Canadian organizations and the teams within them that are using IT in innovative ways to deliver business value, whether by creating competitive advantages, optimizing business processes, enabling growth, or improving relationships with customers. The award is an acknowledged mark of enterprise excellence and a source of pride for all winning organizations. About IDC International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for information technology, telecommunications, and consumer technology markets. With more than 1,300 analysts worldwide, IDC offers global, regional, and local expertise on technology, IT benchmarking and sourcing, and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC the world's leading tech media, data, and marketing services company. To learn more about IDC, please visit Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights. To learn more about IDC Canada, please visit or follow us on LinkedIn. About CIO CIO focuses on attracting the highest concentration of enterprise CIOs and business technology executives with unparalleled peer insight and expertise on business strategy, innovation, and leadership. As organizations grow with digital transformation, CIO provides its readers with key insights on career development, including certifications, hiring practices and skills development. The award-winning CIO portfolio provides business technology leaders with analysis and insight on information technology trends and a keen understanding of IT's role in achieving business goals. For more information about CIO please visit, Note to editors: All figures in Canadian dollars.
Arabian Post
20 hours ago
- Business
- Arabian Post
Jumbo Teams Up with Jio Haptik to Deliver AI Solutions
Jumbo Enterprise has entered into a strategic partnership with Jio Haptik to offer next-generation Agentic AI solutions to enterprises across the GCC. This collaboration brings together the regional reach and IT expertise of Jumbo with Jio Haptik's advanced AI-driven customer experience technology. The agreement positions both companies to transform enterprise operations in the Gulf region. By integrating Agentic AI, businesses will benefit from more efficient customer engagement, leveraging AI to drive personalized experiences and enhance operational efficiencies. With Jumbo Enterprise's established foothold in the region and Jio Haptik's global reputation in AI-powered solutions, the alliance is poised to offer cutting-edge innovations to various sectors, including retail, banking, telecom, and hospitality. Jumbo's deep understanding of the GCC market combined with Jio Haptik's leading AI technologies ensures that the partnership will provide tailored solutions to meet the specific needs of businesses in the region. This collaboration is timely, as companies are increasingly seeking to modernise their customer service operations and embrace automation to stay competitive. ADVERTISEMENT The partnership aims to leverage conversational AI, chatbots, and virtual assistants to streamline customer interactions, while also improving efficiency across multiple communication channels. By automating tasks such as customer support, product recommendations, and query resolutions, the deployment of Agentic AI could substantially cut down operational costs for enterprises, whilst also enhancing the customer experience with faster, more accurate responses. Jio Haptik's platform is already known for delivering scalable solutions to some of the world's largest enterprises. As part of this new venture, the company will bring its powerful AI capabilities to the GCC region, providing local enterprises with the tools to boost their engagement strategies. With an increasing number of GCC companies embracing AI, Jio Haptik's partnership with Jumbo is a timely move to tap into a growing market demand for smart, data-driven solutions. For Jumbo, this collaboration marks a significant step in strengthening its position as a leader in the IT solutions space in the UAE and broader Gulf region. The company's extensive history in offering diverse technological solutions will complement Jio Haptik's cutting-edge AI technology, helping to further digitalise the region's enterprise sector. The rise of artificial intelligence in business operations is becoming a defining trend in the GCC, where companies are investing heavily in digital transformation strategies. Both Jumbo and Jio Haptik are set to capitalise on this momentum, providing region-specific AI solutions designed to support enterprises in their journey towards greater automation and enhanced customer satisfaction. The new partnership also highlights a growing trend of cross-border collaborations between companies from different parts of the world. As companies in the GCC look to expand their digital capabilities, partnerships like this are expected to drive greater adoption of AI across multiple industries.
