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Fractal AI grows 19 percent as banking and life sciences surge amid TMT slowdown

Business
Published on 13 May 2026
Fractal AI grows 19 percent as banking and life sciences surge amid TMT slowdown

Retention averages 112 percent even while one sector dips

Fractal is betting big on enterprise AI even as weak TMT demand drags part of its business. The analytics firm says banking and life sciences are surging, with growth of 40% and 80% respectively, while overall revenue still rose 19%. Client retention averages 112%, pointing to sticky partnerships and continued AI adoption.

  • Enterprise AI momentum remains strong for banking and life sciences
  • TMT weakness stems from client-specific issues, not the broader strategy
  • Overall revenue growth holds at 19% despite sector headwinds
  • Client retention averages 112%, signaling deep customer stickiness
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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