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BENGALURU: Accenture’s headcount in India may cross 3 lakh in its ongoing monetary 12 months, which ends in August 2022. The milestone will come after file excessive ranges of hiring over greater than a 12 months. The momentum is continuous, contemplating the corporate has practically 30,000 open positions in India now.
Accenture’s India spokesperson informed TOI that the corporate at the moment has greater than 250,000 workers right here.
Saravanan Balasundaram, CEO of expertise consultancy agency Han Digital, mentioned, “Our estimates confirmed that Accenture has employed over 70,000 folks in India within the 2021 monetary 12 months.”
That could be a file for the IT trade in India. TCS and Infosys have been speaking of more energizing hiring final 12 months and this 12 months of about 30,000-40,000 every. Lateral hiring could add one other 10,000 to this.
Accenture CEO Julie Candy mentioned within the newest earnings name that the corporate had added 118,000 folks within the final monetary 12 months, taking the full headcount to 624,000 folks. The fourth quarter alone noticed 56,000 internet new hires. The hiring is the results of a sturdy order guide. The corporate had 3 lakh workers in 2014, so the quantity has greater than doubled in seven years.
Balasundaram mentioned that with Accenture posting file numbers and a sturdy demand setting, the hiring in India will considerably choose up within the coming months. “A large demand for expertise in India is in sizzling abilities like cloud, cyber safety, and information analytics which have emerged as progress drivers for the agency,” he mentioned.
Cognizant has over 2 lakh workers in India, Capgemini has over 1.5 lakh, IBM has over 1 lakh and DXC over 40,000.
Rod Bourgeois, managing associate at DeepDive Fairness Analysis, mentioned India is a massively necessary expertise supply for Accenture, not solely to ship fundamental providers but in addition high-end providers, together with these requiring deep abilities in AI, cybersecurity, and digital advertising and marketing and trade experience starting from prescribed drugs to banking.
“Furthermore, we expect India’s significance as a expertise supply has elevated as a consequence of work-from-anywhere traits mixed with a shortage of digital expertise in developed international locations. Our analysis additional reveals that, throughout the Covid pandemic, India-based IT providers have achieved heightened consumer satisfaction, which we attribute to Indian staffs’ leaning in to assist shoppers amidst vital Covid-induced challenges,” he mentioned.
James Friedman of Susquehanna Monetary Group (SFG), mentioned that whereas India most likely does one thing of every little thing for Accenture, India’s progress may should do with Accenture seeing double-digit progress in areas similar to operations and cloud, that are among the many segments that India is thought for excellence.
Hansa Iyengar, analyst at London-based IT advisory Omdia, mentioned Accenture is reaping the advantages of shifting its focus to digital early within the recreation. “Accenture has the most important share (amongst friends) of its revenues coming from digital. The pandemic has accelerated digital initiatives considerably – which is mirrored in sturdy progress for all distributors – however due to Accenture’s digital-heavy base it’s outperforming friends. Progress in India is anticipated due to India nonetheless being the most well liked marketplace for IT expertise globally,” she mentioned.
Accenture’s India spokesperson informed TOI that the corporate at the moment has greater than 250,000 workers right here.
Saravanan Balasundaram, CEO of expertise consultancy agency Han Digital, mentioned, “Our estimates confirmed that Accenture has employed over 70,000 folks in India within the 2021 monetary 12 months.”
That could be a file for the IT trade in India. TCS and Infosys have been speaking of more energizing hiring final 12 months and this 12 months of about 30,000-40,000 every. Lateral hiring could add one other 10,000 to this.
Accenture CEO Julie Candy mentioned within the newest earnings name that the corporate had added 118,000 folks within the final monetary 12 months, taking the full headcount to 624,000 folks. The fourth quarter alone noticed 56,000 internet new hires. The hiring is the results of a sturdy order guide. The corporate had 3 lakh workers in 2014, so the quantity has greater than doubled in seven years.
Balasundaram mentioned that with Accenture posting file numbers and a sturdy demand setting, the hiring in India will considerably choose up within the coming months. “A large demand for expertise in India is in sizzling abilities like cloud, cyber safety, and information analytics which have emerged as progress drivers for the agency,” he mentioned.
Cognizant has over 2 lakh workers in India, Capgemini has over 1.5 lakh, IBM has over 1 lakh and DXC over 40,000.
Rod Bourgeois, managing associate at DeepDive Fairness Analysis, mentioned India is a massively necessary expertise supply for Accenture, not solely to ship fundamental providers but in addition high-end providers, together with these requiring deep abilities in AI, cybersecurity, and digital advertising and marketing and trade experience starting from prescribed drugs to banking.
“Furthermore, we expect India’s significance as a expertise supply has elevated as a consequence of work-from-anywhere traits mixed with a shortage of digital expertise in developed international locations. Our analysis additional reveals that, throughout the Covid pandemic, India-based IT providers have achieved heightened consumer satisfaction, which we attribute to Indian staffs’ leaning in to assist shoppers amidst vital Covid-induced challenges,” he mentioned.
James Friedman of Susquehanna Monetary Group (SFG), mentioned that whereas India most likely does one thing of every little thing for Accenture, India’s progress may should do with Accenture seeing double-digit progress in areas similar to operations and cloud, that are among the many segments that India is thought for excellence.
Hansa Iyengar, analyst at London-based IT advisory Omdia, mentioned Accenture is reaping the advantages of shifting its focus to digital early within the recreation. “Accenture has the most important share (amongst friends) of its revenues coming from digital. The pandemic has accelerated digital initiatives considerably – which is mirrored in sturdy progress for all distributors – however due to Accenture’s digital-heavy base it’s outperforming friends. Progress in India is anticipated due to India nonetheless being the most well liked marketplace for IT expertise globally,” she mentioned.
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