ZS Launches New Business Unit to Boost SaaS Offerings

ZS, a management and technology consulting firm headquartered in Chicago, announced on May 6, 2024 the establishment of a new platform and products business unit aimed at enhancing its software-as-a-service (SaaS) offerings. This new unit, led by chairman Jaideep Bajaj, signifies the firm's ongoing commitment to the SaaS market, projected to grow from $237 billion in 2022 to $908 billion by

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2030. Despite this expansion in proprietary technology, ZS will continue providing its traditional management consulting services. Bajaj emphasized that this strategic move would allow ZS to offer clients a comprehensive suite of world-class product and consulting services, leveraging AI-powered, globally applicable, self-serve technologies to drive digital transformation and respond to evolving market needs.

The new unit will feature platforms such as Zaidyn and Max AI. Zaidyn, a cloud-native analytics platform built on AWS, includes over 50 AI-powered products and solutions like Zaidyn Commercial, Zaidyn Connected Health, and Zaidyn Marketplace, which assist in customer engagement, patient outcomes, and marketing analytics, respectively. Max AI, a generative AI platform, enables clients to integrate machine learning models with large language models to deploy autonomous AI agents and applications. CEO Pratap Khedkar highlighted the unique combination of top-flight consulting and innovative technology products that ZS offers, reinforcing the firm's transformation into a one-stop shop for client needs. Founded in 1983, ZS employs over 13,000 people across 35 offices globally, primarily serving the healthcare and life sciences sectors.

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