Straive Acquires Metonymize to Enhance its AI Capabilities

Singapore (Oct 25, 2023): Straive, a leader in helping organizations operationalize the data -> insights -> knowledge -> AI value chain, today announced the acquisition of Metonymize, a Chicago-based AI company. With this acquisition, Straive expands its capabilities in delivering core AI solutions for its clients.

Metonymize brings hands-on expertise with client wins in several sectors, including Retail, CPG, and Market Research, enabling their transformation with Artificial Intelligence (AI)-powered solutions. Initially backed by the National Science Foundation (NSF) and the Defense Advanced Research Projects Agency (DARPA), the Metonymize team has developed proprietary methodology and tools to derive AI-powered insights from previously inaccessible data.

Namit Sureka, President and Chief Analytics & AI Officer, Straive, commented. “Innovative methodologies and tools will shape the future of data-driven insights and AI solutions. Kripa and his team have an in-depth understanding of AI and are among the leading AI practitioners in the industry. We are thrilled to welcome them to Straive.”

Deb Henretta, Senior Advisor to Metonymize, observes. “The next step for organizations is going from Big Data into the realm of artificial intelligence and operationalizing it with tangible use cases. Getting the mix of capabilities across the value chain right is key to converting insights into results. I am excited for the possibilities ahead for Metonymize in the context of Straive’s full-stack vision for operationalizing AI.”

“In this era of advanced AI, it’s evident that we need more reliable and scalable solutions that redefine how we engage with data and insights,” said Kripa Rajshekhar, Co-Founder and CEO, Metonymize. “At Metonymize, we’ve been pioneers in building knowledge-oriented AI tools. Aligning with Straive, a leader in full-stack data-first solutions, is a natural progression for our journey.”

About Straive (erstwhile SPi Global)

Straive assists clients in operationalizing the data -> insights -> knowledge -> AI value chain across multiple domains, such as Science & Research, EdTech, Financial Services, Insurance, Healthcare & Life Sciences, Logistics, and Information providers. Straive’s client base spans 30 countries and has global delivery capabilities across 5 continents, with headquarters in Singapore.

For media queries, contact Anoop Siddak Singh Tuli (anoop.tuli@straive.com)