"With this partnership, robotic process automation will no longer be a futuristic fantasy, but a present day reality. Moreover, re-tooling and re-skilling through Big Data and Data Science training will also become a reality to companies worldwide," Quadratyx CEO and chief data scientist Sreerama Murthy said in a statement here.
"This venture will also make applying 'artificial intelligence and machine learning applications' in the context of back office processing, possible," he added.
Contradictory to fears of automation hitting job market, Quadratyx's products and teams were built to automate key back office functions, which does not replace human capital, but enhance efficiency of people interacting with machines, the statement said.
Till date, 14 unique services and over 9,000 customers were leveraging the Flatworld advantage, it said.
Quadratyx on the other hand was founded by one of the pioneers of Artificial Intelligence and Machine Learning applications, it said.
"Some of the real life applications that this strategic partnership offers include providing intelligent solutions in crime prevention for cities and fraud detection for banks, among other things," Flatworld Solutions president and Group CEO Jacob William said.