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RICHMOND, Va. - ASGN Incorporated (NYSE:ASGN) unveiled its new AI Factory framework on Tuesday, designed to help organizations scale artificial intelligence solutions from concept to production. The company’s integrated system aims to address challenges enterprises face when implementing AI, including fragmented tools, governance issues, and resource limitations. This strategic initiative comes as ASGN’s stock trades near its 52-week low of $41.01, having fallen 51% over the past year with a current price of $40.44.According to InvestingPro data, ASGN appears significantly undervalued based on its Fair Value assessment, potentially offering opportunity amid the recent price decline.
The AI Factory consists of four components: an AI Intake & Project Management system that prioritizes use cases based on strategic impact; a Citizen Developer Gateway enabling users to build AI applications through guided access to tools; an AI Delivery Engine with productivity accelerators; and an AI Watchtower for monitoring deployed applications with built-in security features.
"Our AI Factory prioritizes the most impactful use cases, accelerates development, and ensures responsible governance, all within a single, integrated operating model," said Heather MacKinnon-Miller, Global Head of AI, Commercial for ASGN, in the press release.
The company claims its framework can reduce AI deployment time from months to weeks by consolidating what has traditionally been a fragmented development process.
Alex Bakker, Director of Primary Research for ISG, noted in the announcement that "the average use case still takes over 15 months to reach production," highlighting potential opportunities to accelerate AI implementation timelines.
ASGN will provide additional details about the AI Factory during its investor day on November 20, according to the press release.
ASGN Incorporated provides IT services and solutions to commercial and government sectors, with the new AI Factory representing an expansion of its technology offerings.
In other recent news, ASGN Incorporated reported its third-quarter 2025 earnings, exceeding analyst expectations. The company achieved an earnings per share (EPS) of $1.31, surpassing the forecasted $1.22. Additionally, ASGN’s revenue came in at $1.01 billion, slightly higher than the anticipated $1 billion. These results highlight a positive earnings surprise for the company. In related developments, Truist Securities has reiterated its Buy rating on ASGN’s stock with a price target of $65.00. This comes ahead of the company’s investor day scheduled for November 20, where management is expected to present key strategic elements. Truist Securities’ continued endorsement reflects confidence in ASGN’s future prospects. These recent developments provide valuable insights for investors monitoring ASGN’s performance.
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