Citi noted that the company said its total addressable market has increased three times, thanks to its artificial intelligence opportunity.
Citi recently named one under-the-radar company to buy on a "data and AI opportunity." That's U.S.-listed ExlService Holdings , an analytics and digital solutions company. "With AI, EXLS views its differentiation and opportunity in its ability to combine domain, data, and AI expertise to embed AI into client workflows and fine-tune models to get higher accuracy levels," Citi said in a May 8 note.
Citi said the company has highlighted some factors that can drive growth, including tapping its data capabilities to target "higher value" potential customers, and increasing revenue mix via partnerships. The bank pointed out that ExlService has the talent to meet the demand too, with its more than 13,000 AI, generative AI, data and digital "experts.
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