Friday, December 2, 2016
G4S, the world’s biggest security company, plans to increase its workforce in the UAE in the coming years, the company employs 12,000 people currently and the number is expected to go up to 14,000 next year, and 20,000 in two to three years’ time.
“We are planning to expand our workforce in the coming years as there is a need for secure solutions and secure players in the market,” said Alida Scholtz who took over as the CEO of the company in the UAE in July this year.
The security firm which is active in more than hundred countries has offices in all the seven emirates in the UAE and is planning to expand its operations in-Abu Dhabi.
Listed on London Stock Exchange and with a secondary stock exchange listing in Copenhagen, G4S employs more than 610,000 employees all over the world. Its clients in the UAE include banks, retailers, educational institutions like universities and schools, government entities among others.
The revenue of the company in the UAE has been growing over the past few years, Scholtz said without giving a specific figure.
She said Middle East and India account for 33 per cent of the total global revenues amounting to about 2.2 billion pounds (Dh10.22 billion) per annum.
“We are very positive about revenue growth in the coming years due to increased demand for security solutions.”
“If you look at the business nearly 70 per cent is dominated by small players, but due to increase in regulations and requirements for security companies you might find lot of these companies might not be there in two to three years’ time which will allow stronger players like us to really stay,” he said.
The slowdown in the economies in Gulf countries will not have any impact on business, she said.
“The UAE is really building their economy on the strength of tourism and influx of tourists to the country, which means more hotels, more entertainment sites and more security, surveillance and monitoring.”
The CEO emphasised that the company follows strict screening process while recruiting security guards with three layers of screening in the country of origin, in the UAE by police and finally by the security board which manages the industry.
“G4S is extremely selective. Being a listed company, tremendous vetting and screening procedures are in place for the last few years. And being under the legislation of UK Bribery Act, automatically additional layer of compliance is followed.”
As part of the expansion plans, the company plans to bring in more technology to the table and recruit more Emiratis.
Wednesday, November 30, 2016
US multinational General Electric (GE) on Wednesday said it will hire about 1,000 techies to ramp up technology workforce at its new digital hub here."We will add 1,000 information technology and software professionals over the next two years to ramp up the headcount to 2,500 from 1,500 at present and accelerate the digital transformation for industry," GE's digital arm said in a statement here.
As the GE Digital's largest facility worldwide in the Tech Park at Whitefield in the city's eastern suburb, the 2-lakh square feet hub will deliver solutions on the Industrial Internet of Things (IIoT) platform to GE's customers to drive their productivity.
"The hub is a centre for co-creating industrial software and analytics solutions with customers and experts, aimed at solving complex business problems," asserted the statement.
GE's distributed operating system Predix helps customers harness the power of the IIoT and contribute to its goal of achieving $1 billion in productivity by 2020.
"Our global digital hubs are at the core of transformation into a top digital industrial firm. We will bring the best and brightest into our new facility to help us in our journey, said Jim Fowler, GE's Chief Information Officer, on the occasion.For the US-based behemoth, Bengaluru is one of the six key locations the world over, as the tech city is in line with its business strategy.
"As talent is our priority in advancing outcomes, we are keen to harness more of it, specialised in data sciences, analytics product development space," noted Fowler.
Admitting that GE was looking to hire talent to fit into its lean and agile culture, GE's Group CIO Anthony Thomas said for the people willing to make an impact in technology-intensive industries, the 124-year-old start-up' was the place to be.
The India hub is part of GE's network of global locations at San Ramon in California; Detroit in Michigan; New Orleans in Louisiana; at Glen Allen in Virginia (all in the US), at Riyadh in Saudi Arabia and at Budapest in Hungary.
By pairing digital technology with domain expertise across industries like aviation, energy, healthcare and transportation, GE is transforming the industry with software-defined machines and solutions that are connected, responsive and predictive," added the statement.
GE's Predix-based software and solutions are set to deliver $6 billion in incremental revenue this year and it expects to become a $15-billion software business by 2020.
Monday, November 28, 2016
LONDON: In a major boost to Brexit-hit UK, Tata Motors-owned Jaguar Land Rover today announced ambitious investment plans leading to the creation of thousands of jobs in the country as part of its efforts to double its output by 2020.JLR chief executive Ralf Speth confirmed the luxury car manufacturer's aim of doubling its output to 1 million cars by 2020, which will include a big spike in the production of electric vehicles in Britain.
"We have a greater ambition. Why should we challenge ourselves to build more than a million cars? If we double the volume of our cars we can double the workforce. We can only do this in partnership," Speth said at an automotive sector meeting at Warwick University in the West Midlands region of England on Thursday night. He also indicated that the company was keen to bring the research and development and production of electric car batteries to Coventry and Warwickshire in the region.
However, he called on the UK government to help create the framework of connected digital roads and also a reliable 5g network to enable cars to communicate. Speth said: "Germany is planning to be first and is planning the infrastructure as we speak. This is a race. We will be first or last.
"There must be a hub, a smart city creating real life proof of concept. Bring the lab to the streets, a living lab around Coventry and Solihull."
UK Secretary of State Greg Clark, who was also present at the meeting, indicated the government was on board. "The story of JLR is one of the proudest points of success we have. We could not be more aligned with the opportunity and our intentions. The pace of this is quickening all the time and so is our commitment to it. This is a big moment," he said.
JLR currently has 40,000 staff employed in the UK. While the firm declined to put a precise figure on how many jobs will be added by producing electric vehicles in Britain, the impact on the UK economy is expected to be significant. Speth's comment comes a week after the Tata Group firm had unveiled its new Jaguar I-Pace concept car simultaneously in London and Los Angeles. The all-electric concept car will go into production later next year and is expected to hit the roads towards the end of 2018.
Thursday, November 24, 2016
Indian automobile industry can contribute over 12 per cent to the country’s GDP and generate around 6.5 crore additional jobs over the next decade, a top Maruti Suzuki India official said on Wednesday.
“Our vision is that over the next decade, the Indian automobile sector must contribute in excess of 12 per cent of the country’s GDP. We (auto industry) want to create nearly 65 million additional jobs by 2026,” Maruti Suzuki India Managing Director and CEO Kenichi Ayukawa on Wednesday said at an event here.
Currently, the automobile industry is contributing 7.1 per cent to the GDP of India and around 3.2 crore people are employed directly and indirectly by the sector, he added.
Ayukawa said in the last ten years, the total investment by the automobile industry in the country has been to the tune of 35 billion dollars.
“Our responsibility towards the communities where we are operating also increases. It’s our duty to develop a sustainable, mutually beneficial and inclusive socio-economic ecosystem,” he said.
He added that in order to grow the industry, we will have to focus on areas like congestion, air pollution, global warming and road accidents.
“Our aim is to be among the top three global automobile markets. This will only happen if we create safe, efficient and environment-friendly vehicles,” Ayukawa said.
Seeking more focus of the government on licensing norms and enforcement of road safety rules in the country, he added that such initiatives would help to achieve a more purposeful impact on the society.
“Without robust licensing norms and enforcement, efforts of the industry in driving training falls short,” Ayukawa said.
He added that long before the new Companies Act asked corporates to invest in CSR, many of its members had been already engaged in various CSR initiatives.
“We have been specially focused in the fields of village development, skill training, safeguarding the environment and road safety. Now the time has come when we all get together as one entity to draft and implement an ‘Industry Social Responsibility Plan’ so that we can have a bigger positive impact,” he said.