Fractal, (fractal.ai), a global provider of artificial intelligence and advanced analytics to Fortune 500 companies, announced the acquisition of Neal Analytics, a cloud, data, engineering and AI Microsoft Gold consulting partner, for an undisclosed amount.
Neal Analytics strengthens Fractal’s AI engineering capabilities and cloud-first offerings on Microsoft’s multi cloud ecosystems and enables clients to scale AI and power decisions.
Founded in 2011, Neal Analytics is a Microsoft Gold Consulting Partner supporting its cross-industry clients, such as PepsiCo and Microsoft, in their data-driven transformation initiatives. Neal Analytics’ 200+ team brings deep expertise on the Azure stack – across data science, AI & ML, IoT, Edge Computing, BI, application development, migration and modernization, and automation. Neal Analytics also has partnerships with Intel, Nvidia, and Databricks.
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Srikanth Velamakanni, Co-founder and Group Chief Executive, Fractal, said, “We are excited about partnering with Dylan and his talented team at Neal Analytics. They have built a great client-centric, people-oriented culture, and have an impressive track record of solving and scaling AI engineering challenges, especially on the Microsoft platform, for marquee clients. This partnership will accelerate our ability to power data-driven decisions end-to-end for our Fortune 500 sized clients.”
Dylan Dias, CEO, Neal Analytics, said, “This is the successful culmination of a thorough, year-long process. Our goals were to find the best long-term home for Neal’s 200+ employees, a platform to scale faster, and the ability to play a bigger role in this fast-accelerating space. Fractal was a clear choice. Our culture and vision are 100 per cent aligned. This is an exciting opportunity to empower our people and work alongside like-minded practitioners to transform businesses with cloud, data, and AI. It will enable Neal Analytics and Fractal to grow and achieve more together.”
Satish Raman, Chief Strategy Officer, Fractal, said, “Hyperscale cloud infrastructures are enabling organizations to be more agile and improve their business performance to better serve clients. Neal’s award-winning experts in Microsoft’s Azure and cloud technologies have been helping organisations to securely migrate, modernise and accelerate their business transformation within the cloud for more than a decade. We’re delighted that this acquisition of Neal will further strengthen our rapidly growing analytics, AI, and data engineering business in North America.”