Sikka said that there needed to be more education on AI as there were currently fewer than 250,000 people who could use machine learning tools.
Employees with digital skills are in high demand and get better hikes. Lack of projects within the company gives them an incentive to move elsewhere.
The company, which counts soap brand Santoor and health tonic Safi as its brands, said it received more than 50% of its revenue from international markets.
The company was founded in 2009 and it has offices in Belgium and the Netherlands and clients across Europe, the UK and the Middle East.
Last July, Intelenet had hired Sidharth Mukherjee, who heads its corporate development and strategy, and is looking at transforming the company through technology.
The Bengaluru-headquartered firm announced the new centre at a press conference attended by US Vice President Mike Pence.
As part of TCS’ deal with Transamerica, the IT services company will rebadge over 2200 of the insurer’s employees. Earlier this month, it announced it had rebadged over 800 employees in Iowa.
Headwinds to slow us in first quarter; expect better news from the second: Abidali Neemuchwala, Wipro
The last (bankruptcy of a client) I think was with Nortel in 2009.
In the face of competition, Parekh has his task cut out. At Infosys’ Analyst Day, he set out a three-year roadmap to turn it around.
The displeasure has spilled out on to social media, with many contrasting their hikes against large payouts made to investors & the rise in IT company valuations.
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