Datamatics Share Price Hits Upper Circuit Following Microsoft Collaboration

Tuesday, 27 August 2024, 03:09

Buzzing stock Datamatics has reached a 20% upper circuit today. Shares of Datamatics surged after the announcement of a strategic partnership with Microsoft to develop AI solutions. This collaboration promises significant advancements in automation and business transformation for organizations.
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Datamatics Share Price Hits Upper Circuit Following Microsoft Collaboration

Datamatics Stock Price Today: A Major Surge

Today, Datamatics shares are experiencing a remarkable performance as they hit a 20% upper circuit, locking in at Rs 673.20 per share on August 27, 2024. The surge in Datamatics stock price can be attributed to their partnership with technology giant Microsoft to create advanced AI solutions through Copilots.

Details of the Partnership

Datamatics, a leader in digital technologies, has revealed its collaboration with Microsoft aimed at developing custom copilot solutions. This initiative focuses on enhancing process automation to drive significant business transformation across various industries.

Key Features of the New Copilot Solutions

  • Partner On-boarding Copilot available on Microsoft Teams store.
  • Integration of Azure OpenAI with the Datamatics Intelligent Automation Platform.
  • Development of tailored solutions for clients, ensuring personalized experiences.

Market Impact and Future Prospects

As Datamatics continues to advance its copilot solutions, they have been recognized within Microsoft's top ISV partners. According to Rahul Kanodia, the company is committed to leveraging the potential of Generative AI to empower businesses globally.

Conclusion: Datamatics' Position in the Market

With a strong commitment to digital innovation, Datamatics empowers organizations to enhance productivity and customer experience across various sectors. Their recent partnership with Microsoft marks a significant milestone in their journey toward excelling in the digital landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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