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PITTSBURGH - Mastech Digital (NYSE American: MHH), a company specializing in AI-driven data and analytics, has announced the expansion of its strategic partnership with Informatica, a global leader in enterprise cloud data management. This collaboration is set to deliver AI-powered solutions tailored to specific industries, aiming to enhance digital transformation efforts within the $50 billion cloud data management and analytics market.
Mastech Digital has a history of implementing Informatica-based solutions for Fortune 1000 companies across various sectors. With this partnership, Mastech is transitioning towards a Data and AI-first approach, focusing on integrated solutions that encompass data, AI, and IT transformation. Informatica’s Intelligent Data Management Cloud (IDMC) platform, featuring the CLAIRE AI engine and GenAI capabilities like CLAIRE GPT, is expected to provide comprehensive data integration, governance, and analytics at an enterprise scale.
The partnership promises to offer industry-specific solutions, including compliance and AI diagnostics for healthcare, fraud detection in BFSI (Banking, Financial Services, and Insurance), and digital twin technology for manufacturing. These solutions are designed for quick deployment and rapid realization of business value. Additionally, a co-branded joint AI and Data outcomes lab will provide clients with workshops, co-innovation spaces, and blueprints to facilitate the adoption of AI and data solutions.
Nirav Patel, President and CEO of Mastech Digital, expressed enthusiasm for the enhanced collaboration with Informatica, highlighting the joint effort to help enterprises modernize their data ecosystems and leverage AI-driven insights for scalable digital transformation.
In tandem, customer success teams from both Mastech and Informatica will be equipped with next-generation playbooks and client-ready proof of concepts (PoCs) that aim to articulate value and deliver results swiftly, sometimes within 30 days.
Richard Ganley, SVP of Global Partners & Digital Transformation Solutions at Informatica, emphasized the critical nature of trusted cloud-first data management for AI journeys. The partnership is said to combine Informatica’s cloud data modernization and AI capabilities with Mastech’s expertise in transformative AI-driven IT solutions, empowering clients to capitalize on their data and drive innovation.
Mastech Digital operates in the US, Canada, the UK, and India, serving Fortune 1000 companies with data and AI-led IT transformation services and specialized technology staffing. This news is based on a recent press release statement.
In other recent news, Mastech Holdings Inc. reported impressive financial results for Q4 2024, exceeding analysts’ expectations with an earnings per share (EPS) of $0.23, nearly double the projected $0.115. The company also achieved revenues of $50.75 million, surpassing the anticipated $49.24 million. Despite these strong earnings, the company’s stock experienced a decline in pre-market trading, reflecting broader market uncertainties. Mastech Holdings also reached a record gross margin of 29% in the fourth quarter. In leadership news, Mastech Digital announced the appointment of Kannan Sugantharaman as the new Chief Financial and Operations Officer, effective April 14, 2025, succeeding Jack Cronin. Sugantharaman brings extensive experience from his previous roles, including CFO for Omega Healthcare Management Services. CEO Nirav Patel expressed confidence in Sugantharaman’s ability to drive the company’s growth and global expansion. Meanwhile, the company is focusing on AI-driven digital modernization to enhance its market position, without providing specific financial guidance for 2025.
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