Exela Technologies, Inc. and XBP Europe announced the launch of a new Global Business Unit, Reaktr.ai. This step follows the successful expansion of FAO services more than a year ago, which was well received by customers, resulting in many new logos and industry accolades. Reaktr.ai is another example of Exela addressing a rapidly changing industry in which demand outpaces the customer's capacity to access available talent.

Reaktr.ai will be spearheaded by industry veteran Vineet Chaku as President. This strategic move positions the Company at the forefront of the cyber, large data and generative AI landscape. Reaktr.ai are also establishing Centers of Excellence (CoE) for both Exela and XBP, propelling operational efficiency and innovation to enterprise customers.

Reaktr.ai was focused on four key services: AI-Powered Growth: Architecting and deploying scalable AI platforms designed to fuel internal operations and deliver innovative solutions to customers including private GPT for enterprises. Data Modernization: Modernizing data infrastructure, including cloud migration, to unlock deeper insights and drive better decision-making. Multi-Cloud Management: Managing complexity around multiple public and private clouds through observability, unified orchestration and fiscal management.

Cybersecurity: Fortifying customers' defenses against evolving threats and ensuring the integrity of their operations. Exela and XBP are committed to delivering the future of technology today. Reaktr.ai represents a bold step forward, empowering to build a more secure, data-driven, and ultimately successful future for both company and customers.