Company Announcements

NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading data analytics, digital operations, and solutions company, has been awarded a contract to manage the service desk operations for the Data Communications Company (DCC). This role involves overseeing incidents related to smart meter infrastructure, and handling issues arising from smart meters or from consumers switching between suppliers. EXL will utilize data analytics and AI to identify patterns, predict potential problems, and optimize resolution processes.

EXL is working with the DCC to support its vision of a secure, efficient data network that underpins the UK’s smart metering program. By leveraging a data-driven approach to optimize customer service desk operations, EXL will use its expertise to streamline issue categorization and resolution, making the network more resilient and responsive. Additionally, through automated processes, EXL will facilitate smoother energy consumer switching and seamless smart data accessibility, supporting the efficient, reliable flow of energy information. This collaboration will enhance DCC’s operational capacity, preparing the network for the complex future upgrades needed for advancing their commitment to the UK's net-zero targets.

“We’re delighted to be collaborating with EXL and working with them to enhance our customer experience when interacting with our service center,” said Paul McGinlay, director of service operations at DCC. “EXL has a vast amount of experience in this area and I’m very excited about what we can achieve together and the positive impact this will have on our customers as we continue to scale up our smart metering network across the UK.”

“We look forward to being entrusted with this critical role in managing the DCC’s service desk operations,” said Rahul Arora, senior vice president and head of EXL’s emerging business unit for the UK. “This agreement reflects our commitment to excellence and innovation in the energy sector. By leveraging our industry expertise, data, analytics, operations and digital acumen, we aim to enhance the user experience and reduce costs, ultimately contributing to a more efficient and reliable smart meter infrastructure.”

In addition to maintaining high service standards, the DCC will benefit from EXL's advanced data, digital, and AI capabilities. This collaboration aims to enhance the user experience and reduce operational costs by leveraging EXL's industry-leading solutions.

EXL has been working with customers in the UK for over 20 years. To learn more about EXL’s capabilities in the UK, visit EXL’s website here.

About EXL

EXL (Nasdaq: EXLS) is a leading data analytics and digital operations and solutions company. We partner with clients using a data and AI-led approach to reinvent business models, drive better business outcomes and unlock growth with speed. EXL harnesses the power of data, analytics, AI, and deep industry knowledge to transform operations for the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have more than 57,000 employees spanning six continents. For more information, visit www.exlservice.com.

About the Data Communications Company

The DCC operates and maintains the secure data network for smart meters across Great Britain. Its mission is to ensure the reliable and efficient operation of the smart meter infrastructure, enabling consumers to enjoy the benefits of smart energy.

Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL's operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management's experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation, recessionary economic trends, and ability to successfully integrate strategic acquisitions, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10- K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by applicable law.

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