Ashwin Yardi, who has led Capgemini in India for seven years, will retire from executive duties at the end of December.
The Cloud4C acquisition will expand Capgemini’s footprint in the cloud managed services market. It would also bring immediate cross-selling opportunities for both the firms, the company said.
In India, WNS had around 44,117 professionals as of March 31. The company has offices across Mumbai, Pune, Gurgaon, Nashik, Bangalore, Chennai, Vizag, Indore, Trichy, Hyderabad and Noida.
IT and BPM convergence may become the new world order as competition in the AI era intensifies, industry analysts have said after Capgemini agreed to buy IT outsourcing firm WNS Holdings.
Together, the merged entity is staring at a $1.5-trillion emerging market opportunity, as WNS provides the ideal incubation business to develop leading-edge Services-as-a-Software (SaaS) to Capgemini, said Phil Fersht, CEO, HFS Research.
The transaction will immediately unlock cross-selling opportunities, Capgemini has said. It will also lay the foundation of capabilities to seize the Intelligent Operations strategic market opportunity
It can be noted that IT industry leader and Infosys co-founder N R Narayana Murthy has been pitching for a 70-hour work week, while EPC major Larsen and Toubro's Chairman S N Subrahmanyan called for a 90-hour work week.
TCS and Capgemini have facilitated the establishment of GCCs within their own premises for clients
Ultimately, the GCCs need to ponder whether system integrators (SE) such as Capgimini are competitors anymore, Chandramouli said.
Yardi said generative AI is a "great opportunity" for both services industries and clients to leverage AI and drive revenues for their respective organisations.
The firm, which offers consulting, digital, technical and engineering services, expects its revenue to grow between 0% and 3% at constant currency this year, compared with 4.4% growth it reported for 2023.
The office spaces, spread across 3,00,000 sq ft, have been leased from GAR and Sons Builders.
Nominal premiums in the autonomous, connected, electric and shared mobility market to grow eightfold to half a trillion US dollars, says Capgemini report
Almost two-thirds of respondents to a Capgemini survey of CEOs and chief information officers (CIOs) want to spend on technology to drive cost-saving initiatives, Yardi said.
Capgemini projects revenue slowdown in 2023 but the company continues to see decent order bookings
CEO Aiman Ezzat says Capgemini does not need to “over hire” and can start looking at some operational optimisation in utilisation
Consumer intelligence company Talkwalker has released a list of the top 10 most-loved brands in India in collaboration with Hootsuite
Infosys had said earlier that Parekh's proposed total target remuneration vis-à-vis the remuneration most recently paid to CEOs of peers would be around the median.
The acquisition will help Capgemini strengthen its capabilities to advise banking, wealth management and insurance clients in North America, Europe and South-East Asia.
The firm, which offers consulting, digital, technical and engineering services, reported first-quarter revenue of 5.17 billion euros ($5.44 billion), up 17.7 percent year-on-year at constant exchange rates.
The company now expects 2021 revenues to be up between 12 percent and 13 percent, an operating margin of 12.5 percent to 12.7 percent and an organic free cash flow above 1.5 billion euros ($1.77 billion).
The IT major will stop with immediate effect the purchase of petrol and diesel vehicles, and has also joined the EV100 global initiative that brings together companies making the switch to electric vehicles (EVs)
In addition, the French firm is also contributing Rs 5 crore to UNICEF to provide immediate support across India for critical COVID-19 response care, by setting up three oxygen generation plants and RT-PCR testing machines.
Between Capgemini, TCS, Infosys and Accenture more than a million employees and their families will likely have their cost covered for vaccination.
In the current scenario, the fear of getting infected with the deadly virus has prompted customers to shop online