Message from Srikanth and Pranay
Being a responsible corporate citizen Our focus on sustainability and innovation goes hand in hand, and we believe that 'Responsible AI' development is crucial for a sustainable future. We also believe AI can make the world a better place. We have incubated Qure.ai, a leading player in healthcare AI for detecting Tuberculosis, Lung cancer, heart failure, and stroke. Additionally, we are developing Eugenie.ai, which focuses on AI-driven solutions for climate change and industrial sustainability, showcasing our commitment to using AI for good and a sustainable future. Our commitment to Net Zero emissions is reaffirmed through rigorous third- party assurance and strategic environmental initiatives. This year, Fractal achieved a 'B' rating from the Carbon Disclosure Project (CDP) for its environmental management during the 2023 reporting cycle. This 'B' rating signifies that we are effectively managing our environmental impact and taking significant steps towards addressing climate issues. Fractal's Mumbai workspace received the prestigious WELL Platinum certification, the world's leading healthy building certification program. Building for the long term We are well on our path to building an organization that lasts over a hundred years. As AI adoption accelerates, we anticipate a significant increase in AI spending as clients embark on their digital transformation journeys. To harness this momentum, we will continue to channel our growth drivers by building comprehensive products
As AI adoption accelerates, we anticipate a significant increase in AI spending as clients embark on their digital transformation journeys. To harness this momentum, we will continue to channel our growth drivers by building comprehensive products and solutions that serve our clients end-to-end. Our investment in research and development will remain robust, enabling us to advance our capabilities and drive innovation.
decision and make the world a better place. Together, we will continue to push the boundaries of what AI can achieve. Regards, Srikanth Velamakanni Group Chief Executive and Vice Chairman, Fractal Group of companies Pranay Agrawal CEO, Fractal
and solutions that serve our clients end-to-end. Our investment in research and development will remain robust, enabling us to advance our capabilities and drive innovation. We will focus on scaling our operations through strategic M&A activities and partnerships with hyperscalers, while also hiring and nurturing top-tier talent to maintain our status as a great place to work. Our commitment to social responsibility and technological excellence will guide us as we navigate the future, ensuring that we remain at the forefront of the AI industry. I would like to take this moment to once again express my gratitude to our shareholders, clients, partners, and Fractalites for their unwavering support. The journey so far has been remarkable, and we are excited about the future. With our unique offering of AI and advanced data analytics, combined with our steadfast commitment to client success, we are confident that we will continue to set ourselves apart in the market. As we strive to become the world's most respected AI company, we remain dedicated to creating transformative solutions that empower every human
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Fractal Analytics Limited | Annual Report 2023-24
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