Intellect Design Arena was Recognised as a Finalist in the Microsoft Partner Awards 2024

On June 28, 2024, Intellect Design Arena Limited informed the stock exchanges that the company was named a finalist for the Financial Services Award 2024 Microsoft Partner of the Year Award. The company received recognition among leading global Microsoft partners for its innovative excellence and successful implementation of customer solutions utilising Microsoft technology.

The Microsoft Partner of the Year Awards celebrate partners who have excelled in developing and delivering exceptional Microsoft Cloud applications, services, devices, and AI innovations over the past year. Intellect received recognition in the Financial Services category for its outstanding solutions and services.

The company stated that the catalyst for Intellect’s success is its eMACH.ai platform, renowned as the most comprehensive, adaptable, and intelligent open finance solution available. With a robust suite comprising 329 microservices, 535 events, and over 1757 APIs, eMACH.ai empowers financial institutions to develop future-proof solutions, enhancing their competitiveness globally. Intellect’s approach emphasises customer-centric development, focusing on delivering substantial business impact rather than just technological optimisation.

Speaking of this recognition, the Chief Partner Officer of Intellect Design Arena Limited, Kannan Ramasamy, said, “We are proud to be named finalists in the Financial Services category, underscoring our commitment to innovation and excellence in the fintech industry. This recognition showcases the transformative impact of our First Principles Thinking-based Enterprise Connected Intelligence Platform, eMACH.ai.”

He further added, “It is a testament to the exceptionalism of our team whose visionary leadership and creativity propel our achievements. Every innovation, driven by our core values, design thinking, advanced technology, and customer-centric approach, reflects our relentless pursuit of excellence and our goal to make a substantial impact in the financial sector.”

Nicole Dezen, Chief Partner Officer and Corporate Vice President at Microsoft, said, “Congratulations to the winners and finalists of the 2024 Microsoft Partner of the Year Awards! The momentum generated by numerous AI & Copilot announcements this year fueled innovation from our partners, enabling groundbreaking services and solutions to customers. I am inspired by the capability and creativity in our partner ecosystem, and this year’s winners beautifully demonstrate the best of what’s possible with AI and the Microsoft Cloud.”

On June 28, 2024, the share price of Intellect Design Arena Ltd opened at ₹1,028.00, touching the day’s high at ₹1,073.50, as of 12:49 PM on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.