GCCs

About 70% of global captive centers (GCC) of multinational companies (MNCs) have large cybersecurity teams in India, according to a new report by Nasscom, DSCI and KPMG released on Wednesday.The report titled ‘Secure in India 2023’ found that the maximum increase in cyber skill demand, among GCCs, is noted for cloud security (81%), followed by third-party risk management (78%), cybersecurity risk assessments (75%), technology regulatory compliance and standards management (75%) and secure development (69%). Data Security…

The boom of Global Capability Centres (GCCs) in the country has led to a 40-50% increase in the number of global and senior level roles based out of India in the last five years, numbers sourced by ET show. On an overall basis, an estimated 300,000-400,000 jobs are likely to be created in the GCC sector in the next 2-3 years, according to Deloitte estimates.In the fourth and concluding part of the Global to Local series, ET looks at the maturity and cultural shift of the talent ecosystem of GCCs and how it is driving the…

While half of the company’s India workforce works on technology and data analytics, it is also increasing its focus on artificial intelligence (AI) and generative AI applications. For instance, the bulk of the development and maintenance of its voice assistant chatbot, Cora, is executed in India. Then, there is Visa Inc, the American multinational financial services corporation. It employs consultants and data scientists in India as part of its in-house tech division. They…

NEW DELHI : Global…

BENGALURU: Indian tech companies have started adopting new work models which vary from completely remote to a combination of remote and on-site to completely on-site. While traditional companies are focused on accurate execution, technology organisations are fluid and modular. Over 80% of the IT companies and global capability centres (GCCs) are most likely to adopt a hybrid work model when compared to rest of the industry segments, according to a report titled…