Today, Nimble Gravity LLC and mDEVZ,announced that Nimble Gravity has successfully completed its acquisition of mDEVZ, a data science and application engineering consultancy based in Buenos Aires, Argentina. mDEVZ brings a deep heritage in finance, gaming, and retail and will expand Nimble Gravity’s Data Science and Engineering practices, continuing the company’s strategic 2023 growth initiative.

mDEVZ strengthens Nimble Gravity’s ability to help customers transform their businesses with AI, bringing both data science capabilities, additional expertise in application development and net new capabilities in computer vision, rendering & optimization, and Unity3D.

“We are excited to bring mDEVZ onboard as we continue to advance our growth strategy for 2023,” said Tony Aug, co-founder, and chief executive officer of Nimble Gravity. “Their expertise in data science, artificial intelligence and software engineering will further strengthen our position in the market and enhance our ability to deliver comprehensive solutions to clients looking to leverage cutting-edge technology for their businesses.”

“We are proud of the results we’ve delivered to our customers during our 10– year history and are immensely appreciative of all their support,” said Mauro Lopez, founder and CEO of mDEVZ. “Joining Nimble Gravity represents a unique opportunity for our team to scale the impact of our work to an even broader customer base. Together, we can drive forward the strategy and execute the most innovative tech solutions to achieve unparalleled success and to give our team new opportunities to grow their careers and deepen the valuable skills at the company.”

mDEVZ builds on Nimble Gravity’s global operations, augmenting its team of professionals ready to tackle the hardest challenges businesses are facing in today’s digital landscape.

About Nimble Gravity:

Founded in 2019, Nimble Gravity is an international consultancy firm that specializes in Strategy, E-Commerce, Digital Transformation, Data Science, Analytics, and BI, as well as Software Development and Tech Design. Nimble Gravity believes in the power of data and evidence-based approaches to drive growth, transform businesses, and create winning solutions for a diverse clientele.

Headquartered in Denver, Colorado, with offices in Mexico City, Guadalajara, Buenos Aires, and Medellín, Nimble Gravity is a rapidly growing consulting firm ready to tackle the hardest challenges your business is facing.

KaarTech , a global Digital Transformation Consulting company, is excited to announce its latest strategic move in the world of digital transformation. The company has broadened its’ capabilities and geography by successfully acquiring Dunn Solutions Group Inc. , a leading Customer Experience Solutions Consultancy headquartered in Chicago, Illinois.

Founded in 1988, Dunn Solutions is headquartered outside of Chicago and has offices both in Minneapolis and Bengaluru. The company has carved its niche as a Digital Commerce and Business Transformation Consultancy. Their core mission revolves around delivering unmatched velocity and transformative solutions to their clients.

This strategic acquisition facilitated by Eiliant Advisors, a Bangalore based Investment Banking Firm, marks a watershed moment for KaarTech as it combines its extensive SAP domain expertise, especially in SAP S/4HANA, with Dunn Solutions’ prowess in Digital Customer Experience.

Speaking about the acquisition, Mr. Maran Nagarajan, CEO of KaarTech, says, “We are excited to join forces with Dunn Solutions to accelerate our vision of redefining Digital Transformation. This partnership brings together the best of both worlds – our SAP expertise and Dunn Solutions’ prowess in Customer Experience – to create a transformative force that will deliver exceptional value to our clients.”

This union not only broadens the horizontal scope of KaarTech’s services but also strengthens its commitment to providing cutting-edge digital solutions that drive business growth and competitiveness. With this partnership, KaarTech solidifies its position as a true leader in the Digital Transformation Arena.

Mr. Bill Dunn, CEO of Dunn Solutions, says “KaarTech has earned a reputation as a key driver of SAP innovation across a number of verticals over the years globally, and we are excited to join them as we look to leverage the assets and experience of Dunn Solutions to continue building on KaarTech’s success in the Digital Transformation Space.”

Prestigious InsurTech100 List for 2023 Recognizes the Austrian AI Pioneer’s Contribution to Transforming Insurance Processes

Cortical.io today announced that they have been named to FinTech Global’s Sixth Edition of its prestigious InsurTech100 list for 2023. The ranking celebrates the groundbreaking tech companies that are developing solutions to the insurance industry’s most daunting challenges.

Over the last couple of years, insurance firms have faced an uphill battle to rapidly digitize their services and meet the evolving customer demands, nurturing a competitive landscape of Insurtech companies. This meant this year’s battle to earn a spot amongst the 100 InsurTech visionaries was intense. A select group of analysts and seasoned industry specialists sifted through a list of over 1,900 contenders presented by FinTech Global. The chosen few were acknowledged for their inventive technological applications either to solve a major industry challenge or to bolster efficiency throughout the insurance value chain.

“FinTech Global acknowledges for the second consecutive time Cortical.io’s role in revolutionizing document-centric processes within the insurance sector,” said Rainer Kegel, CEO of Cortical.io. “It’s incredibly gratifying to be recognized for our efforts in addressing a significant industry challenge, namely reducing the need for human intervention in the document review process. Our approach to intelligent document processing paves the way for insurers to explore a wealth of new opportunities, differentiating them from competitors in the digital transformation journey.”

Quoting group benefits is probably one of the most challenging insurance processes as it requires the analysis of many documents of variable types and structures. Cortical.io’s intelligent document processing solution extracts, interprets and classifies complex information found in terms and provisions and is for example able to detect the best plan matching a competitor’s policy. “Large insurance carriers employ hundreds of people to manually review policies before submitting a quote for group benefits,” said Kegel. “Our solutions help them prepare more accurate quotes faster, and consequently close more deals.”

Cortical.io’s Intelligent Document Processing (IDP) solutions leverage a unique approach to natural language understanding called Semantic Folding to reach unmatched levels of accuracy with unstructured text. Cortical.io’s solutions automatically search, extract and classify complex information from various documents such as insurance policies and emails with attachment, helping insurance companies eliminate quoting errors, improve customer response times and reduce labor intensive processes.

FinTech Global director Richard Sachar said, “The widespread availability of generative AI capabilities has opened the doors for even greater innovation within insurance. We’re entering a new wave of digitalization and insurance firms need to be prepared. The InsurTech100 will help top-level insurance executives in discerning the tech pioneers revolutionizing key areas like underwriting, pricing, distribution, and data analytics.”

About Cortical.io

Cortical.io delivers highly efficient AI-based solutions that help enterprises unlock the value of unstructured text by leveraging a game-changing approach to Natural Language Understanding (NLU). Cortical.io SemanticPro is an intelligent document processing solution that accurately extracts, analyzes and classifies information based on meaning and builds the basis for document workflow automation. With more than 10 years expertise in implementing NLU solutions in the enterprise, Cortical.io has demonstrated its ability to solve the challenges of language ambiguity and variability across many use cases and verticals for Fortune 500 companies.

Cortical.io has offices in the U.S. (New York and San Francisco) and Europe (Vienna).