Genex Infosys Limited said its board has approved an agreement with Whaleco Technology Limited, an Ireland-based technology company.

Under the deal, Genex Infosys will work as a strategic partner, providing content moderation and data annotation services.

The service demands a competent workforce with strong analytical and cognitive skills to filter and label the influx of incoming data, which will help improve the technology company's Al algorithm through machine learning, said Genex Infosys in a filing on the Dhaka Stock Exchange today.

By providing the service, Genex Infosys is expected to generate $7.07 lakh in revenue and $70,000 in incentives per year.

Established in Dhaka in 2012, Genex Infosys became the largest business process management and IT services company in the country within a short time.

In 2019, Genex became the first publicly listed company in the country's IT-enabled services sector. It has more than 4,000 employees and manages over 170 million customer interactions a year, according to its website.