Ascendion Named Market Leader in Agentic Services by HFS Research

Ascendion has been named a Market Leader in HFS Research's Horizons: Agentic Services, 2026 report, announced in a press release. The evaluation covered 36 providers, assessing their ability to deliver business value through agentic AI at scale.

HFS Research recognized Ascendion for its Engineering to the Power of AI (EngineeringAI) methodology, which integrates the company’s AAVA agentic platform, ecosystem partnerships, and AI studios for client collaboration. The approach focuses on aligning AI agents with standardized engineering processes and scaling delivery through full internal platform adoption.

According to the release, Ascendion’s work includes modernizing 700,000 lines of legacy code for a U.S. wealth management platform at 45% lower cost, achieving $300 million in annual savings for a top global bank, and launching a healthcare platform serving one million people with zero failures. The company’s agentic AI implementations have also accelerated time-to-market by 40% and unlocked over $500 million in capital.

HFS Research highlighted Ascendion’s consistent application of AI to streamline software development and legacy modernization across industries including banking, healthcare, and retail.