Genpact Limited reports news on agentic and advanced technology solutions for enterprise operations, combining process intelligence, artificial intelligence, data capabilities and domain expertise. Company updates commonly cover quarterly results, Advanced Technology Solutions growth, Core Business Services, client operating-model transformation and management presentations at technology and investor conferences.
Recurring developments also include alliances and platform work with technology partners, including agentic AI solutions for finance workflows, ServiceNow consulting and implementation, web intelligence tools for regulated industries, and research on enterprise AI adoption. Genpact also announces capital-return actions such as quarterly cash dividends.
Coca-Cola Beverages Africa (CCBA) has partnered with Genpact (NYSE: G) to enhance operational efficiency and drive competitive growth. The collaboration focuses on creating a shared services organization to centralize finance, procurement, and data management, enabling real-time decision-making. Initially targeting operations in South Africa, the partnership will expand across Africa. Genpact's expertise in digital transformation aims to improve customer service and support CCBA's goal of sustainable growth while providing new career opportunities for employees. This strategic move positions CCBA for better market share and profitability.
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Genpact Limited (NYSE: G) announced a cash dividend of $0.1075 per common share for Q3 2021, payable on September 24, 2021. Shareholders of record as of September 10, 2021 will receive this dividend. The declaration of future dividends is at the board's discretion. This financial move reflects Genpact's commitment to providing returns to shareholders, underpinned by its ongoing cash flow management amidst the wider economic landscape.
Guidewire Software has welcomed Genpact as a new Solution partner in its PartnerConnect program. This collaboration offers insurers access to Genpact’s Ready for Guidewire validated add-on, which enhances the ClaimCenter platform for claims processing. The add-on facilitates seamless claims management, enabling digital inspections and improved customer satisfaction through faster claims cycle times. The partnership aims to transform and streamline the entire claims lifecycle, allowing insurers to deliver superior service to policyholders.
On July 22, 2021, Genpact (NYSE: G) was recognized as a leader in the 2021 Aragon Research Globe for Digital Business Platforms for its Genpact Cora platform. This AI-based platform supports end-to-end digital transformation by automating and enhancing business processes, improving agility, providing governance, and offering critical insights. The Aragon Research Globe evaluates 17 major providers, assessing their strategies and performance in the market, emphasizing Genpact's strong position in driving comprehensive business transformation through its innovative solutions.
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Genpact has appointed Michael Weiner as its new Senior Vice President and Chief Financial Officer, effective August 10, 2021. Weiner succeeds Edward Fitzpatrick, who has served as CFO since 2014 and will transition to a Senior Vice President and Senior Client Advisor role. Weiner previously held the position of CFO at National General Holdings Corp. until its acquisition by Allstate in January 2021. The leadership change is expected to support Genpact's strategic growth agenda as stated by CEO N.V. 'Tiger' Tyagarajan.
Genpact (NYSE: G) announced its collaboration with the Not Impossible Foundation and Bento to enhance food security in America, particularly during the pandemic. The initiative aims to serve one million meals monthly by linking donors and communities through technology. Currently operational in seven cities, plans for expansion to four others are underway. This experience will also gain visibility at the 2021 ABB New York City E-Prix with the Not Impossible Bento logo on race cars, leveraging media exposure to raise awareness about food insecurity.
On July 6, 2021, Genpact (NYSE: G) was recognized as a leader in the Everest Group PEAK Matrix® for Trust and Safety – Content Moderation Service Providers 2021 report. The evaluation assessed 18 companies based on vision, strategy, scope of services, and innovation. Genpact's comprehensive approach to content moderation—including advanced AI tools and a Global Command Center—was highlighted. The firm successfully implemented over 10 major policy improvements for a social media client, demonstrating its capability to enhance user safety and manage reputational risks effectively.
Genpact (NYSE: G) is expanding its operations in Germany to address increasing client demands for digital transformation services in various sectors including supply chain management, finance, and analytics. The German market represents a significant opportunity, with enterprises expected to invest $45-$55 billion in digital transformation. This expansion builds on Genpact's 2018 acquisition of Barkawi Management Consultants, enhancing its supply chain capabilities. The company aims to aid German clients in driving productivity and growth amidst post-COVID recovery.