Latest news with #Ascendion
Yahoo
a day ago
- Business
- Yahoo
Ascendion Joins ServiceNow (NOW) to Accelerate AI-Driven Business Transformation
ServiceNow, Inc. (NYSE:NOW) is one of the 11 must-buy AI stocks analysts are betting on. On June 16, the company received a significant boost after Ascendion, a leading force in artificial intelligence-driven software, joined its Consulting and Implementation Partner Program. A professional banker inside a retail bank branch, providing services to a customer. Ascendion plans to help businesses move beyond basic artificial intelligence integration by joining ServiceNow Consulting and Implementation Partner Program. It plans to accelerate the embedding of intelligent solutions directly into workflows to achieve tangible business-focused results. Ascendion is also leveraging the ServiceNow Platform to help organizations modernize their operations and improve service delivery. 'Our partnership with ServiceNow is not just about digital transformation—it's about preparing businesses to lead in an AI-first world. We combine smart tools with strategic execution, helping our clients stay competitive and relevant,' said Dharam Gurbani, Chief Growth Officer – Global Growth Markets at Ascendion. Ascendion is to contribute expertise across several areas of the ServiceNow ecosystem, including AI-powered services. The partnership also aligns with the company's vision to blend cutting-edge AU with human creativity. ServiceNow, Inc. (NYSE:NOW) is a technology company that helps organizations manage and automate their business processes. It provides solutions for various areas, including IT, customer service, employee experience, and security. While we acknowledge the potential of NOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.
Yahoo
11-06-2025
- Business
- Yahoo
Ascendion and Philtech Inc. Launch a GCC in Cebu to Redefine Digital Operations
GCC in Cebu: Philtech Inc. together with Ascendion launch a Global Capability Center in Cebu to expand support and management functions for 285,000+ employees across 2,200+ Albertsons Companies locations. Ascendion's AI-first platform drives smarter customer service, faster engineering, and seamless HR operations. Ascendion's AVA+ accelerates software delivery; METal connects top talent to high-impact innovation programs BASKING RIDGE, N.J. and MANILA, Philippines, June 11, 2025 /PRNewswire/ -- Ascendion, a leader in AI-powered software engineering, today announced a groundbreaking milestone in its decade-long partnership with Philtech, Inc. Together, the companies are launching a next-generation Global Capability Center (GCC) equipped with GenAI capabilities. This GCC aligns with Philtech in continuously evolving enterprise operations and enhancing enablement, service delivery and solutions for more than 285,000 employees across 2,200+ Albertsons Companies locations. This launch also signifies a landmark initiative for the Philippines, introducing new frontiers in AI-powered software engineering, customer experience, and digital transformation. This partnership can contribute in elevating Cebu as a next-gen AI and experience hub in the Philippines. This expansion underscores Philtech's commitment and action to strategically integrating modern technologies and GenAI to achieve higher efficiencies into relevant operations. On the other hand, Ascendion's proprietary GCCAI (Global Capability Center to the Power of AI) solution can be utilized by the Cebu-based hub to drive intelligent productivity, accelerate delivery velocity, and real-time transparency across core business functions—including customer service, application development, quality engineering, operations, and HR systems. "Our vision is clear: GCCs must evolve into Generative Global Capability Centers—AI-native, value-generating hubs that drive real business impact," said Manan Mehta, Senior Vice President, Global Growth Markets at Ascendion. "With GCCAI, we're not just scaling operations, we're reinventing how AI, engineering, and talent intersect to unlock next-level innovation and operational excellence. This center will be a model for the future of global delivery and innovation. Together with Philtech Inc., we've laid the foundation for a next-gen AI-powered hub—redefining digital operations from the heart of Cebu." As part of this expansion, Ascendion prepares to operate their proprietary AI tools and technologies in relevant operations for its many partners such as: Ascendion AVA+ – An AI-first software engineering platform enhancing productivity, risk management, and time-to-market. METal – A talent orchestration platform connecting Filipino professionals to select projects in Philtech Inc. "The launch of the Cebu GCC marks a major milestone in our long-standing partnership with Ascendion," said Trung Nguyen, Philtech General Manager and Vice President, Information Technology in Albertsons Companies, "As one of our largest technology & hiring partners, Ascendion looks forward to help identify and enable relevant AI tech for operational excellence and efficiencies—delivering a seamless blend of automation and human expertise to create unparalleled business value. This is about more than just growth; it's about defining the future of AI-driven retail innovation." Traditional GCCs have long operated as cost-effective delivery hubs. But in today's AI-driven era, that model is evolving. Generative Global Capability Centers represent a new paradigm—where AI and engineering talent continuously create value, proactively solve problems, and drive enterprise innovation at scale. Ascendion and Philtech Inc. are at the forefront of this transformation, setting a new global standard for the role of GCCs in the AI age. This is a bold leap into this future—spotlighting Cebu and the Philippines as emerging global leaders in AI-driven innovation and enterprise transformation. About AscendionAscendion is a leading provider of AI-powered software engineering solutions that help businesses innovate faster, smarter, and with greater impact. We partner with over 400 Global 2000 clients across North America, APAC, and Europe to tackle complex challenges in applied AI, cloud, data, experience design, and workforce transformation. Powered by +11,000 experts and over 2,000 AI agents, a bold culture, and our proprietary Engineering to the Power of AI (EngineeringAI) approach, we deliver outcomes that build trust, unlock value, and accelerate growth. Headquartered in New Jersey, with 40+ global offices, Ascendion combines scale, agility, and ingenuity to engineer what's next. Learn more at About Philtech IncPhiltech Inc., established on April 1, 2003, is a fully owned Global Capability Center of Albertsons Companies Inc. As a premier technology center based in BGC, Philippines, Philtech delivers exceptional IT services, including application and infrastructure support, as well as software development and extensive retail operations. By managing mission-critical information and providing secure, innovative solutions, Philtech plays a pivotal role in enhancing operational efficiency and customer experiences across over 2,200 Albertsons stores in 33 U.S. states. Committed to excellence, Philtech is recognized as a great workplace with 83% (yearly average) of its employees affirming it as a great place to work. View original content: SOURCE Ascendion Sign in to access your portfolio
Yahoo
11-06-2025
- Business
- Yahoo
Ascendion and Philtech Inc. Launch a GCC in Cebu to Redefine Digital Operations
GCC in Cebu: Philtech Inc. together with Ascendion launch a Global Capability Center in Cebu to expand support and management functions for 285,000+ employees across 2,200+ Albertsons Companies locations. Ascendion's AI-first platform drives smarter customer service, faster engineering, and seamless HR operations. Ascendion's AVA+ accelerates software delivery; METal connects top talent to high-impact innovation programs BASKING RIDGE, N.J. and MANILA, Philippines, June 10, 2025 /PRNewswire/ -- Ascendion, a leader in AI-powered software engineering, today announced a groundbreaking milestone in its decade-long partnership with Philtech, Inc. Together, the companies are launching a next-generation Global Capability Center (GCC) equipped with GenAI capabilities. This GCC aligns with Philtech in continuously evolving enterprise operations and enhancing enablement, service delivery and solutions for more than 285,000 employees across 2,200+ Albertsons Companies locations. This launch also signifies a landmark initiative for the Philippines, introducing new frontiers in AI-powered software engineering, customer experience, and digital transformation. This partnership can contribute in elevating Cebu as a next-gen AI and experience hub in the Philippines. This expansion underscores Philtech's commitment and action to strategically integrating modern technologies and GenAI to achieve higher efficiencies into relevant operations. On the other hand, Ascendion's proprietary GCCAI (Global Capability Center to the Power of AI) solution can be utilized by the Cebu-based hub to drive intelligent productivity, accelerate delivery velocity, and real-time transparency across core business functions—including customer service, application development, quality engineering, operations, and HR systems. "Our vision is clear: GCCs must evolve into Generative Global Capability Centers—AI-native, value-generating hubs that drive real business impact," said Manan Mehta, Senior Vice President, Global Growth Markets at Ascendion. "With GCCAI, we're not just scaling operations, we're reinventing how AI, engineering, and talent intersect to unlock next-level innovation and operational excellence. This center will be a model for the future of global delivery and innovation. Together with Philtech Inc., we've laid the foundation for a next-gen AI-powered hub—redefining digital operations from the heart of Cebu." As part of this expansion, Ascendion prepares to operate their proprietary AI tools and technologies in relevant operations for its many partners such as: Ascendion AVA+ – An AI-first software engineering platform enhancing productivity, risk management, and time-to-market. METal – A talent orchestration platform connecting Filipino professionals to select projects in Philtech Inc. "The launch of the Cebu GCC marks a major milestone in our long-standing partnership with Ascendion," said Trung Nguyen, Philtech General Manager and Vice President, Information Technology in Albertsons Companies, "As one of our largest technology & hiring partners, Ascendion looks forward to help identify and enable relevant AI tech for operational excellence and efficiencies—delivering a seamless blend of automation and human expertise to create unparalleled business value. This is about more than just growth; it's about defining the future of AI-driven retail innovation." Traditional GCCs have long operated as cost-effective delivery hubs. But in today's AI-driven era, that model is evolving. Generative Global Capability Centers represent a new paradigm—where AI and engineering talent continuously create value, proactively solve problems, and drive enterprise innovation at scale. Ascendion and Philtech Inc. are at the forefront of this transformation, setting a new global standard for the role of GCCs in the AI age. This is a bold leap into this future—spotlighting Cebu and the Philippines as emerging global leaders in AI-driven innovation and enterprise transformation. About AscendionAscendion is a leading provider of AI-powered software engineering solutions that help businesses innovate faster, smarter, and with greater impact. We partner with over 400 Global 2000 clients across North America, APAC, and Europe to tackle complex challenges in applied AI, cloud, data, experience design, and workforce transformation. Powered by +11,000 experts and over 2,000 AI agents, a bold culture, and our proprietary Engineering to the Power of AI (EngineeringAI) approach, we deliver outcomes that build trust, unlock value, and accelerate growth. Headquartered in New Jersey, with 40+ global offices, Ascendion combines scale, agility, and ingenuity to engineer what's next. Learn more at About Philtech IncPhiltech Inc., established on April 1, 2003, is a fully owned Global Capability Center of Albertsons Companies Inc. As a premier technology center based in BGC, Philippines, Philtech delivers exceptional IT services, including application and infrastructure support, as well as software development and extensive retail operations. By managing mission-critical information and providing secure, innovative solutions, Philtech plays a pivotal role in enhancing operational efficiency and customer experiences across over 2,200 Albertsons stores in 33 U.S. states. Committed to excellence, Philtech is recognized as a great workplace with 83% (yearly average) of its employees affirming it as a great place to work. View original content to download multimedia: SOURCE Ascendion Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-04-2025
- Business
- Yahoo
Ascendion Acquires UXReactor to Drive Experience Transformation Powered by AI
Strategic acquisition of UXReactor enhances Ascendion's AI-driven experience design, strengthening end-to-end digital solutions Drives client success with 40% faster execution, billion-dollar market acceleration, and digital transformation at scale for millions of users Unlocks human-centered digital innovation, blending design expertise with Ascendion's engineering excellence BASKING RIDGE, N.J., April 24, 2025 /PRNewswire/ -- Ascendion, a leading provider of AI-powered software engineering services, today announced its acquisition of UXReactor, an award-winning user experience (UX) strategy and design firm. With this strategic move, Ascendion force-multiplies its engineering capabilities, further enabling its customers to launch human-centered digital experiences that accelerate business outcomes and drive market advantage. The acquisition of UXReactor marks a significant next step in Ascendion's strategic investments for growth. Over the past two years, Ascendion has acquired Nitor Infotech to strengthen software product engineering, launched four global AI Studios, and created a new Latin America headquarters in Mexico. This acquisition enhances Ascendion's ability to create value across user-experience strategy, product experience design, UX research, platform experience design, and end-to-end digital innovation—all seamlessly integrated with AI-powered software engineering. Founded in 2015 and headquartered in Pleasanton, California, UXReactor specializes in experience innovation with experts across the US, Asia, and South America. They help organizations of all sizes, from startups to Fortune 500 enterprises, drive growth and elevate performance. "This relationship strengthens Ascendion's ability to create long-lasting, high-value impact for clients, and reflects a focused commitment to advancing AI-powered software engineering," says Karthik Krishnamurthy, CEO, Ascendion. "Combined with the power of our ASCENDION AVA+ platform and talented engineers, UXReactor will help our clients design, build, and scale innovative experiences faster and with greater impact, all to the power of AI." This acquisition is the next step in a long-term partnership. UXReactor has been working with Ascendion since 2024, and this collaboration is already driving client impact: Accelerating Strategy: In Silicon Valley, UXReactor and Ascendion co-led a user-centric strategy and design conceptualization for a leading software company, with the potential to capture another billion-dollar market. Engineering has now been significantly accelerated under the leadership of Ascendion's Product Engineering teams. Engineering a Seamless Ecosystem: At a large fintech company, UXReactor partnered with Ascendion to align engineering priorities with user needs through multi-stakeholder strategy workshops and design. This resulted in 40% faster execution through streamlined workflows and improved navigation design. Competitive Differentiation: For a large UK bank, the combined Ascendion and UXReactor transformation playbook is helping inform and differentiate a large-scale digital transformation initiative for millions of users. Shaping the Future of Experience Transformation in the Era of AI As software and AI become deeply embedded in every aspect of life and business, differentiated, human-centered experiences are more critical than ever. UXReactor's proven methodologies, global design talent, and upstream strategy expertise — combined with Ascendion's engineering excellence and ASCENDION AVA+ platform — create a distinctive new value proposition for clients. The company also brings an innovative Experience Studio, located in Silicon Valley, to facilitate user-experience design workshops related to software products and digital consumer experiences. "Exceptional digital experiences begin long before a single line of code is written. AI-powered software is bringing a paradigm shift to various industries and experiences are now expected to be more seamlessly integrated for everyone. As a part of Ascendion, UXReactor will guide clients through this shift by delivering on critical experience strategy and design challenges — and then bring new ideas to life to create extraordinary value," shares Satyam Kantamneni, CEO, UXReactor. "The future of experience innovation is here — and we're thrilled to be part of it." About Ascendion Ascendion is a leading provider of AI-powered software engineering solutions that help businesses innovate faster, smarter, and with greater impact. We partner with over 400 Global 2000 clients across North America, APAC, and Europe to tackle complex challenges in applied AI, cloud, data, experience design, and workforce transformation. Powered by +11,000 experts, a bold culture, and our proprietary Engineering to the Power of AI (EngineeringAI) approach, we deliver outcomes that build trust, unlock value, and accelerate growth. Headquartered in New Jersey, with 40+ global offices, Ascendion combines scale, agility, and ingenuity to engineer what's next. Learn more at About UXReactorUXReactor is an award-winning Experience Strategy and Design consultancy focused on helping enterprises drive growth and performance through human-centered design. Recognized as an Inc. 5000 company (2020-2023), UXReactor is headquartered in California, with global teams in India and Colombia. The company specializes in solving complex user experience challenges for enterprise software and technology companies. With deep expertise across user research, design strategy, and experience innovation, UXReactor serves a diverse range of clients from Fortune 500 leaders to fast-growing startups. 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