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.