Accenture to Hire Many Workers in India for AI, Technology

Accenture, one of the largest information technology companies, has planned to do a large number of technology related hiring in the country. Out of approximately 7.7 lakh global workers of this company, more than three lakh are Indians. In the last quarter, Accenture hired more than 24,000 workers.

“We are hiring primarily in India. There is really no change in our hiring strategy,” Julie Sweet, chief executive officer of Accenture, told an investors call. This company, which runs the financial year from September to August, is estimated to have revenue of around $ 17.4 billion in the first quarter of the current financial year. This will be an increase of about five percent from the company’s revenue in the same quarter of the last financial year.

Sweet said, “In the fourth quarter of the last financial year, the company received bookings of one billion dollars related to generative AI. We have made new bookings of $81 billion for the entire financial year.” He said that Accenture is further strengthening its position in Generative AI. The company believes that this will be the biggest transformative technology of the next decade. Sweet said that Accenture believes a major challenge in advancing generative AI will be getting clients ready for the data infrastructure.

In the last few months, many big companies related to technology have made layoffs. Recently, American IT company Microsoft had laid off more than 1,000 workers from its Mixed Reality unit. This unit was connected to the HoloLens 2 augmented reality headset. Earlier, Microsoft had decided to lay off about 1,900 workers from its gaming division. These included workers from Activision Blizzard and Xbox. About eight percent of the staff in its gaming division was laid off. Apart from this, many big technology companies including Alphabet, which runs the internet search engine Google, had laid off thousands of workers. However, technology companies have increased their hiring rapidly in new segments like AI. The market for this segment is growing rapidly.