Positioned for the
next phase of growth
Fractal’s long-term growth strategy is anchored in five strategic priorities: helping Must Win Clients (MWCs) unlock business transformation through artificial intelligence (AI); accelerating client success through Cogentiq and reusable assets; deepening partnerships with leading AI platform providers; building an AI-native great place to work; and pursuing disciplined mergers and acquisitions (M&A) to strengthen capabilities and expand our market presence.
Fractal’s long-term growth strategy is anchored in five strategic priorities: helping Must Win Clients (MWCs) unlock business transformation through artificial intelligence (AI); accelerating client success through Cogentiq and reusable assets; deepening partnerships with leading AI platform providers; building an AI-native great place to work; and pursuing disciplined mergers and acquisitions (M&A) to strengthen capabilities and expand our market presence.
Accelerate client success with Cogentiq and reusable assets
We continue to invest in AI platforms, reusable assets and advanced research to accelerate client success and enhance the speed, consistency, and scalability of enterprise AI transformation. By combining Cogentiq, PiEvolve and other productized capabilities with our AI, engineering, design and domain consulting expertise, we help clients move faster from solution ideation and development to implementation and enterprise-wide adoption.
Cogentiq: Our enterprise agentic AI platform
At the core of this approach is Cogentiq, our enterprise agentic AI platform. We are leveraging Cogentiq to reimagine service delivery by standardizing repeatable components, improving productivity, and enabling more consistent execution across engagements. Through a comprehensive ecosystem of agents, tools, and connectors, supported by low-code development, governance, security, auditability, and interoperability capabilities, the platform empowers enterprises to build, deploy and scale AI solutions. We are also progressively migrating selected AI products to Cogentiq to make them more agentic, scalable, and enterprise-ready.
Expanding commercialization
We are expanding the commercialization of functional and industry-specific AI solutions built on Cogentiq, including offerings such as Cogentiq Invoice to Cash and Cogentiq Underwriting, while advancing multi-agent systems such as PiEvolve to enhance software development productivity and support increasingly autonomous data science and AI problem-solving.
Research investments
Our continued commitment to innovation and ongoing investments in frontier AI research and development across agentic, knowledge, reasoning, and action systems, supported by proprietary foundational models and AI assets such as Kalaido.ai, Vaidya.ai, Fathom-R1-14B, and Fathom Deep Research, strengthens our ability to deliver next-generation AI solutions and lasting client valuefor clients.
Help Must Win Clients transform their business with AI
Our strategic objective is to create measurable value for clients through enterprise-wide AI transformation. We remain focused on serving Must Win Clients (MWCs) across our target markets - the United States, the United Kingdom, Europe, Australia, and the Middle East, by deepening relationships with existing clients while expanding our footprint with new strategic accounts through our sales, account management, partnerships, and alliances teams.
We support clients across the AI transformation journey, from ideation and development to deployment and adoption. Our CXO-led engagement model enables business leaders to reimagine workflows and operating models, technology leaders to modernize data and AI foundations, and workforce leaders to drive enterprise readiness and upskilling for an AI-enabled future.
Deepening client relationships
To strengthen our ability to deliver impact, we continue to deepen our understanding of clients' business, data ecosystems, and technology landscapes, while investing in the technical, domain, and functional Ocapabilities of ourteams. We are increasingly adopting Al foundations and agentic O systems as the default architecture for enterprise transformation, enabling platform-led, outcome-driven execution at scale.
Integrated account teams, led by dedicated client business partners who work closely with stakeholders to identify priorities, bring together the right capabilities, and deploy relevant AI products, platforms, and reusable assets. This model drives consistent delivery, stronger outcomes, and deeper client relationships. We monitor client satisfaction through Net Promoter Score (NPS), a globally recognized measure of customer advocacy and loyalty.
Accelerate client success with Cogentiq and reusable assets
We continue to invest in AI platforms, reusable assets and advanced research to accelerate client success and enhance the speed, consistency, and scalability of enterprise AI transformation. By combining Cogentiq, PiEvolve and other productized capabilities with our AI, engineering, design and domain consulting expertise, we help clients move faster from solution ideation and development to implementation and enterprise-wide adoption.
Cogentiq: Our enterprise agentic AI platform
At the core of this approach is Cogentiq, our enterprise agentic AI platform. We are leveraging Cogentiq to reimagine service delivery by standardizing repeatable components, improving productivity, and enabling more consistent execution across engagements. Through a comprehensive ecosystem of agents, tools, and connectors, supported by low-code development, governance, security, auditability, and interoperability capabilities, the platform empowers enterprises to build, deploy and scale AI solutions. We are also progressively migrating selected AI products to Cogentiq to make them more agentic, scalable, and enterprise-ready.
Expanding commercialization
We are expanding the commercialization of functional and industry-specific AI solutions built on Cogentiq, including offerings such as Cogentiq Invoice to Cash and Cogentiq Underwriting, while advancing multi-agent systems such as PiEvolve to enhance software development productivity and support increasingly autonomous data science and AI problem-solving.
Research investments:
Our continued commitment to innovation and ongoing investments in frontier AI research and development across agentic, knowledge, reasoning, and action systems, supported by proprietary foundational models and AI assets such as Kalaido.ai, Vaidya.ai, Fathom-R1-14B, and Fathom Deep Research, strengthens our ability to deliver next-generation AI solutions and lasting client valuefor clients.
Partner with platform AI companies of choice
We have established strategic relationships with leading AI and technology platform providers, including hyperscalers such as Microsoft Azure, AWS, and Google Cloud, data platform companies, and frontier AI companies such as OpenAI and Anthropic. This diversified partnership ecosystem strengthens our relevance within our clients’ evolving technology, data and AI landscapes while expanding our ability to deliver best-in-class solutions.
Creating mutual value
Our partnership model is focused on creating mutual value. We collaborate with partner account teams across shared client relationships to support their strategic objectives, while leveraging their technology capabilities, resources, and innovation ecosystems to strengthen client acquisition, lead generation, and solution delivery. Joint planning initiatives with our partners help us identify go-to-market opportunities, co-investment programs, funding avenues, and growth initiatives. Where available, we leverage partner-sponsored funding programs to accelerate deal momentum, improve conversion rates, and expand the reach of our AI-led offerings.
Technology alignment
A key focus area is developing a deep understanding of our clients’ technology roadmaps, particularly their cloud, data, and AI strategies, enabling us to align our solutions with their evolving priorities and identify opportunities for business expansion.
Continuous investment in training and certifications strengthens our teams’ expertise across partner ecosystems, while integrating partner technologies into our services, platforms, and solutions. This approach allows us to deliver transformation programs and accelerate time-to-value for clients.
Continue to build an AI-native great place to work
Our culture is a key long-term differentiator and a critical enabler of sustainable growth. As we continue to build Fractal for the future, we remain committed to fostering a workplace defined by trust, transparency, freedom, and continuous learning, guided by our values and people principles. Attracting, developing, and retaining exceptional talent remains fundamental to delivering for clients and achieving our strategic objectives.
AI across the employee lifecycle
We are also embedding AI across our internal operations to improve productivity and employee experiencethe employee lifecycle to enhance productivity and experience. Our AI-powered hiring platform, Iqigai.ai, and Dexter, our virtual AI assistant for employee support, help streamline processes across talent acquisition, IT services, human resources, and payroll supports AI-powered talent assessment, while Dexter, our virtual AI assistant, streamlines employee support across IT services, human resources, and payroll. We continue to deploy AI-enabled talent allocation systems, coding productivity tools, and proprietary AI coding agents further improve operational efficiency and accelerate
Learning and development
In line with our value of Learn and Grow, we continue to invest in continuous learning, capability development, and specialization across all levels of the enterprise. Our learning ecosystem spans Fractal Analytics Academy (FAA), Analytics Vidhya, and a range of leadership development programs designed to help employees deepen technical expertise and strengthen leadership capabilities. We also encourage a culture of knowledge sharing through dedicated internal platforms such as LIMEN for behavioral science and Delta for Generative AI practices.
Leadership development remains a strategic priority. Through targeted leadership programs and mentoring initiatives, we are building a strong pipeline of future leaders. During the year, Mentoring@Fractal evolved into a structured, multi-format program involving more than 200 participants, receiving a Brandon Hall Silver Award 2025 in the category of Best Coaching and Mentoring Program.
Through leadership engagement, employee experience initiatives, internal mobility, collaborative learning, and ongoing investments in talent development, we aim to create an environment where Fractalites can grow, innovate, and deliver exceptional outcomes for our clients.
Talent acquisition
Our hiring philosophy is anchored in a set of core principles that shape how we build our workforce. We hire for Fractal first and then for specific roles, seek individuals who raise performance standards, embody our values, demonstrate learning agility and potential, and bring diverse perspectives that strengthen innovation and inclusion.
To attract top talent at scale, we leverage multiple talent channels, including Iqigai.ai, our AI-powered hiring assessment platform, the Imagineer Program for campus hiring, the Crossover Program for career transitions, lateral hiring initiatives, and programs supporting professionals returning from career breaks. During the year, we processed nearly 200,000 applications, with a highly selective hiring ratio of 0.8%, reflecting our focus on quality and excellence.
Accelerate our success through M&A
Our mergers and acquisitions (M&A) strategy remains an important lever for strengthening our client-centric approach while enhancing our capabilities, expanding our market reach, and accelerating long-term growth prospects. We continue to selectively pursue acquisitions and strategic investments that complement our existing technical, functional and domain expertise, enabling us to create greater value for clients across industries and geographies.
Building on these experiences, we have established a robust integration framework to support future acquisitions. Our integration teams work closely with founders and leadership teams, align operating models, and accelerate the realization of strategic synergies. As we continue to pursue selective acquisitions and strategic investments that enhance our capabilities and accelerate the execution of our long-term growth strategy.
Proven M&A approach
Over the years, we have developed a comprehensive and proven M&A approach, refined through multiple successful transactions. This framework is designed to optimize capital allocation, mitigate execution risks, and maximize the strategic and financial benefits of each acquisition. Our long-standing focus on M&A as a growth lever has strengthened our ability to identify attractive opportunities, evaluate targets, integrate intellectual property, and retain acquired talent.
Disciplined evaluation framework
We evaluate potential opportunities through a disciplined framework that considers strategic fit, complementary capabilities, client relevance, talent synergies, geographic expansion potential, and long-term value creation. This enables us to identify businesses that strengthen our competitive position while aligning with our broader growth objectives.
Acquisition track record
Our acquisition track record demonstrates how M&A has expanded our capabilities and accelerated innovation. The acquisition of Samya.ai, which evolved into Asper.ai, strengthened our capabilities in demand forecasting, revenue growth management, and decision intelligence. The acquisition of Senseforth.ai, now powering Cogentiq CX, enhanced our expertise in natural language processing, Generative AI (GenAI), and conversational AI while contributing to the evolution of the Cogentiq platform. The acquisition of Analytics Vidhya expanded our AI learning, workforce capability-building, and talent development ecosystem, while Neal Analytics strengthened enhanced our data engineering capabilities, strengthened our cloud-first offerings, and broadened our partnerships within leading hyperscaler partnerships ecosystems.
Help Must Win Clients transform their business with AI
Our strategic objective is to create measurable value for clients through enterprise-wide AI transformation. We remain focused on serving Must Win Clients (MWCs) across our target markets - the United States, the United Kingdom, Europe, Australia, and the Middle East, by deepening relationships with existing clients while expanding our footprint with new strategic accounts through our sales, account management, partnerships, and alliances teams.
We support clients across the AI transformation journey, from ideation and development to deployment and adoption. Our CXO-led engagement model enables business leaders to reimagine workflows and operating models, technology leaders to modernize data and AI foundations, and workforce leaders to drive enterprise readiness and upskilling for an AI-enabled future.
Deepening client relationships
To strengthen our ability to deliver impact, we continue to deepen our understanding of clients' business, data ecosystems, and technology landscapes, while investing in the technical, domain, and functional Ocapabilities of ourteams. We are increasingly adopting Al foundations and agentic O systems as the default architecture for enterprise transformation, enabling platform-led, outcome-driven execution at scale.
Integrated account teams, led by dedicated client business partners who work closely with stakeholders to identify priorities, bring together the right capabilities, and deploy relevant AI products, platforms, and reusable assets. This model drives consistent delivery, stronger outcomes, and deeper client relationships. We monitor client satisfaction through Net Promoter Score (NPS), a globally recognized measure of customer advocacy and loyalty.
Accelerate client success with Cogentiq and reusable assets
We continue to invest in AI platforms, reusable assets and advanced research to accelerate client success and enhance the speed, consistency, and scalability of enterprise AI transformation. By combining Cogentiq, PiEvolve and other productized capabilities with our AI, engineering, design and domain consulting expertise, we help clients move faster from solution ideation and development to implementation and enterprise-wide adoption.
Cogentiq: Our enterprise agentic AI platform
At the core of this approach is Cogentiq, our enterprise agentic AI platform. We are leveraging Cogentiq to reimagine service delivery by standardizing repeatable components, improving productivity, and enabling more consistent execution across engagements. Through a comprehensive ecosystem of agents, tools, and connectors, supported by low-code development, governance, security, auditability, and interoperability capabilities, the platform empowers enterprises to build, deploy and scale AI solutions. We are also progressively migrating selected AI products to Cogentiq to make them more agentic, scalable, and enterprise-ready.
Expanding commercialization
We are expanding the commercialization of functional and industry-specific AI solutions built on Cogentiq, including offerings such as Cogentiq Invoice to Cash and Cogentiq Underwriting, while advancing multi-agent systems such as PiEvolve to enhance software development productivity and support increasingly autonomous data science and AI problem-solving.
Research investments:
Our continued commitment to innovation and ongoing investments in frontier AI research and development across agentic, knowledge, reasoning, and action systems, supported by proprietary foundational models and AI assets such as Kalaido.ai, Vaidya.ai, Fathom-R1-14B, and Fathom Deep Research, strengthens our ability to deliver next-generation AI solutions and lasting client valuefor clients.
Partner with platform AI companies of choice
We have established strategic relationships with leading AI and technology platform providers, including hyperscalers such as Microsoft Azure, AWS, and Google Cloud, data platform companies, and frontier AI companies such as OpenAI and Anthropic. This diversified partnership ecosystem strengthens our relevance within our clients’ evolving technology, data and AI landscapes while expanding our ability to deliver best-in-class solutions.
Creating mutual value
Our partnership model is focused on creating mutual value. We collaborate with partner account teams across shared client relationships to support their strategic objectives, while leveraging their technology capabilities, resources, and innovation ecosystems to strengthen client acquisition, lead generation, and solution delivery. Joint planning initiatives with our partners help us identify go-to-market opportunities, co-investment programs, funding avenues, and growth initiatives. Where available, we leverage partner-sponsored funding programs to accelerate deal momentum, improve conversion rates, and expand the reach of our AI-led offerings.
Technology alignment
A key focus area is developing a deep understanding of our clients’ technology roadmaps, particularly their cloud, data, and AI strategies, enabling us to align our solutions with their evolving priorities and identify opportunities for business expansion.
Continuous investment in training and certifications strengthens our teams’ expertise across partner ecosystems, while integrating partner technologies into our services, platforms, and solutions. This approach allows us to deliver transformation programs and accelerate time-to-value for clients.
Continue to build an AI-native great place to work
Our culture is a key long-term differentiator and a critical enabler of sustainable growth. As we continue to build Fractal for the future, we remain committed to fostering a workplace defined by trust, transparency, freedom, and continuous learning, guided by our values and people principles. Attracting, developing, and retaining exceptional talent remains fundamental to delivering for clients and achieving our strategic objectives.
AI across the employee lifecycle
We are also embedding AI across our internal operations to improve productivity and employee experiencethe employee lifecycle to enhance productivity and experience. Our AI-powered hiring platform, Iqigai.ai, and Dexter, our virtual AI assistant for employee support, help streamline processes across talent acquisition, IT services, human resources, and payroll supports AI-powered talent assessment, while Dexter, our virtual AI assistant, streamlines employee support across IT services, human resources, and payroll. We continue to deploy AI-enabled talent allocation systems, coding productivity tools, and proprietary AI coding agents further improve operational efficiency and accelerate
Learning and development
In line with our value of Learn and Grow, we continue to invest in continuous learning, capability development, and specialization across all levels of the enterprise. Our learning ecosystem spans Fractal Analytics Academy (FAA), Analytics Vidhya, and a range of leadership development programs designed to help employees deepen technical expertise and strengthen leadership capabilities. We also encourage a culture of knowledge sharing through dedicated internal platforms such as LIMEN for behavioral science and Delta for Generative AI practices.
Leadership development remains a strategic priority. Through targeted leadership programs and mentoring initiatives, we are building a strong pipeline of future leaders. During the year, Mentoring@Fractal evolved into a structured, multi-format program involving more than 200 participants, receiving a Brandon Hall Silver Award 2025 in the category of Best Coaching and Mentoring Program.
Through leadership engagement, employee experience initiatives, internal mobility, collaborative learning, and ongoing investments in talent development, we aim to create an environment where Fractalites can grow, innovate, and deliver exceptional outcomes for our clients.
Talent acquisition
Our hiring philosophy is anchored in a set of core principles that shape how we build our workforce. We hire for Fractal first and then for specific roles, seek individuals who raise performance standards, embody our values, demonstrate learning agility and potential, and bring diverse perspectives that strengthen innovation and inclusion.
To attract top talent at scale, we leverage multiple talent channels, including Iqigai.ai, our AI-powered hiring assessment platform, the Imagineer Program for campus hiring, the Crossover Program for career transitions, lateral hiring initiatives, and programs supporting professionals returning from career breaks. During the year, we processed nearly 200,000 applications, with a highly selective hiring ratio of 0.8%, reflecting our focus on quality and excellence.
Accelerate our success through M&A
Our mergers and acquisitions (M&A) strategy remains an important lever for strengthening our client-centric approach while enhancing our capabilities, expanding our market reach, and accelerating long-term growth prospects. We continue to selectively pursue acquisitions and strategic investments that complement our existing technical, functional and domain expertise, enabling us to create greater value for clients across industries and geographies.
Building on these experiences, we have established a robust integration framework to support future acquisitions. Our integration teams work closely with founders and leadership teams, align operating models, and accelerate the realization of strategic synergies. As we continue to pursue selective acquisitions and strategic investments that enhance our capabilities and accelerate the execution of our long-term growth strategy.
Proven M&A approach
Over the years, we have developed a comprehensive and proven M&A approach, refined through multiple successful transactions. This framework is designed to optimize capital allocation, mitigate execution risks, and maximize the strategic and financial benefits of each acquisition. Our long-standing focus on M&A as a growth lever has strengthened our ability to identify attractive opportunities, evaluate targets, integrate intellectual property, and retain acquired talent.
Disciplined evaluation framework
We evaluate potential opportunities through a disciplined framework that considers strategic fit, complementary capabilities, client relevance, talent synergies, geographic expansion potential, and long-term value creation. This enables us to identify businesses that strengthen our competitive position while aligning with our broader growth objectives.
Acquisition track record
Our acquisition track record demonstrates how M&A has expanded our capabilities and accelerated innovation. The acquisition of Samya.ai, which evolved into Asper.ai, strengthened our capabilities in demand forecasting, revenue growth management, and decision intelligence. The acquisition of Senseforth.ai, now powering Cogentiq CX, enhanced our expertise in natural language processing, Generative AI (GenAI), and conversational AI while contributing to the evolution of the Cogentiq platform. The acquisition of Analytics Vidhya expanded our AI learning, workforce capability-building, and talent development ecosystem, while Neal Analytics strengthened enhanced our data engineering capabilities, strengthened our cloud-first offerings, and broadened our partnerships within leading hyperscaler partnerships ecosystems.
Governance, Security and Sustainability
Governance, Security and Sustainability
Strong governance, robust security practices, and responsible sustainability initiatives form the foundation of our long-term growth strategy. We maintain the highest standards of security, compliance, and business compliance. We continue to investment in advanced security technologies, skilled talent, resilient processes, and infrastructure to safeguard our operations and client data.
Strong governance, robust security practices, and responsible sustainability initiatives form the foundation of our long-term growth strategy. We maintain the highest standards of security, compliance, and business compliance. We continue to investment in advanced security technologies, skilled talent, resilient processes, and infrastructure to safeguard our operations and client data.
Our cybersecurity and compliance teams proactively identify and manage risks, monitor emerging threats and continuously strengthen our security controls and frameworks. As Generative Al (GenAl) adoption grows, we have established comprehensive usage policies and governance mechanisms to mitigate data privacy, security, and compliance risks while enabling responsible Al adoption across the enterprise.
Our cybersecurity and compliance teams proactively identify and manage risks, monitor emerging threats and continuously strengthen our security controls and frameworks. As Generative Al (GenAl) adoption grows, we have established comprehensive usage policies and governance mechanisms to mitigate data privacy, security, and compliance risks while enabling responsible Al adoption across the enterprise.
Governance, Security and Sustainability
Strong governance, robust security practices, and responsible sustainability initiatives form the foundation of our long-term growth strategy. We maintain the highest standards of security, compliance, and business compliance. We continue to investment in advanced security technologies, skilled talent, resilient processes, and infrastructure to safeguard our operations and client data.
Our cybersecurity and compliance teams proactively identify and manage risks, monitor emerging threats and continuously strengthen our security controls and frameworks. As Generative Al (GenAl) adoption grows, we have established comprehensive usage policies and governance mechanisms to mitigate data privacy, security, and compliance risks while enabling responsible Al adoption across the enterprise.
