Friday, March 16, 2018

Infosys to Open Tech Hub in the US, hire 1,000 people

The hub will train, upskill and reskill engineers in the technologies required for businesses to accelerate their digital transformations.

Global software major Infosys said it will soon open a technology and innovation hub in the US state of Connecticut and hire about 1,000 American workers by 2022."We will open our next technology and innovation hub at Harford in Connecticut and hire 1,000 American workers in the state by 2022," said the IT major in a statement.

The Connecticut hub will focus on insurance, healthcare and manufacturing to bring the company to the eastern state's clients and serve as the global hub for its InsurTech and HeathTech efforts."Investment in Connecticut is a part of our commitment to accelerate innovation for American enterprise by amplifying local talent and shrink the IT skills gap in the marketplace," asserted the statement.

The announcement of the company's fourth hub in North America comes 10 days after its first hub was inaugurated on March 6 at Indianapolis in Indiana state where it hired 2,500 American workers over the past year.

The hiring is part of the company's May 2, 2017, decision to recruit 10,000 Americans by setting up four such hubs across the US and focus on new technologies, including artificial intelligence (AI), machine learning, user experience, emerging digital technologies, cloud and big data.

The company earlier announced opening its second such hub at Raleigh in North Carolina in July 2017 and the third at Providence in Rhode Island in August 2017, where it plans to hire about 2,000 techies each by 2021-22.

The Indianapolis hub will train, upskill and reskill engineers in the technologies required for businesses to accelerate their digital transformations.

The hiring of Americans is seen as a fallout of US President Donald Trump's executive order on H1-B visas in April 2017, as clients in North America contribute about 60 percent of the $10.3-billion company's software export revenue annually.

"Connecticut's assets and talent pipeline attract high calibre firms to the state, and I look forward to the value Infosys bring to our business community," said Connecticut Governor Dannel P. Malloy on the occasion.

Though the city-based firm has not disclosed the investment made in the four tech hubs, its President Ravi Kumar said the investment at Hartford would strengthen its ability to serve clients' needs in the New England region and expand the local workforce to help its clients compete.

"Hartford's position as the world's insurance capital, paired with Connecticut's academic institutions will place us in proximity to clients and accelerate the recruitment of local talent," asserted Kumar in the statement.

The Connecticut hub will also include insurance and healthcare labs that focus on smart underwriting, claims fraud, IoT and cloud and will employ data security and data-sharing features to help the company's clients comply with privacy laws while promoting innovation.

"We will leverage the hub to train its employees and develop techniques with agile, development operations, cloud and information security projects," added the statement.

Wednesday, March 14, 2018

Expo 2020 Dubai Launches new Career portal

Expo 2020 Dubai

 The career portal will allow individuals to easily access the latest job opportunities available

 Expo 2020 Dubai has launched a new career portal to allow talented and ambitious individuals to join the ranks of its expanding team.The career portal will allow individuals to easily access the latest job opportunities available and is regularly updated with new positions, ranging from entry to director level.

The Expo 2020 team currently comprises 850 employees, 454 of whom are directly employed by Expo 2020. The rest include external consultants engaged by Expo 2020 to deliver the large-scale event, which will be the first World Expo to take place in the Middle East, Africa and South Asia, MEASA, region.

Rita Penteado, Director of Human Resources, Workforce and Volunteers at Expo 2020, said, "We are looking for ambitious people who want to create a global impact and work in a fast-paced environment where expectations are high. We need people who are flexible and adaptable, who like to be challenged, and who share our core values of integrity, cooperation, respect, humility and excellence.

"Even if the positions currently available on the Expo 2020 career portal do not suit applicants' skill sets, they can still register and upload their resumes. Expo 2020's requirements are continuously evolving and growing so, in the future, we will no doubt need capabilities that we don't yet know about."Those who join the ranks of Expo 2020 will enter into a dynamic, multicultural environment, with employees of 57 nationalities collaborating to deliver an exceptional Expo with a long-lasting legacy.

Alya Al Ali, Director, Youth Connect at Expo 2020, said, "Expo 2020 Dubai offered me the unique opportunity to join straight from the university at only 21 years of age. I became a director at 24 and I am now responsible for running the department that ensures young people play a central role in Expo 2020. Expo truly empowers youth and enables people from around the world to progress in ways they might not imagine are possible at their age.

Tuesday, March 13, 2018

Artificial Intelligence will Create more Jobs in 2020 Globally

Artificial intelligence will create more jobs globally rather than eliminating jobs in 2020, with white-collar service workers in certain companies taking the biggest hit, an industry expert said.

Peter Sondergaard, executive vice-president and global head of research at Gartner, on the sidelines of the Gartner Symposium/IT Expo 2018, that firms such as legal, insurance and banking are likely to be impacted. Gartner, Inc. is an American research and advisory firm providing information technology-related insight for IT and other business leaders located across the world. Its headquarters are in Stamford, Connecticut, United States.

He said AI will create 2.3 million jobs in 2020, while only eliminating 1.8 million jobs.“When we move beyond the horizon, we will see more of blue-collar jobs getting eliminated such as transportation and trucking jobs due to autonomous vehicles. The jobs that are going to be created is to train the AI systems by inputting data and data scientists.”

According to Sondergaard, there is risk involved with AI and the first risk is the elimination of jobs; the second one is biases of software code, and the third risk is the bias of the data. Software code is developed by the mindset of the people of the developers.

“If they are young people, they will be biased. Feeding bad data it will give bad data out.”

After 2020, he said that young people are likely going to a job category that does not exist today, using skills we don’t know we need and trying to do something in a business that does not exist today.

“AI is here to help us and create new opportunities and capabilities. A person plus a machine is smarter either by themselves. AI will continue to learn and improve human decisions with lots of data. Data is the new fuel,” Sondergaard said.

He said most people are still in the dark about how to approach AI.“AI is hyped and we don’t know yet what AI will do and the full impact it will have on society and individual businesses. A major part of AI will be relatively simple but bot-based implementations over the next couple of years but there is a lot of scopes for companies to exploit AI,” Sondergaard said.

He added that AI will not probably take off in a big way until 2030. What AI is affecting today is the user experience, processes and analytics in banks, insurance companies and cybersecurity companies. There is a shortage of talent for skilled workers such as data engineer or scientist, but he said the region is capable of importing talent.

“Organisations that are not creating new digital business models, or new ways to engage constituents or customers, will begin to lag. Vendors that do not move more quickly than their clients will be left behind.”

He said there are three barriers to digital transformation in existing companies: culture, resources and talent.

“Culture is one of the slowest things to change. It is hard to change the way people think, so you need to change what the people do instead. Once they do things differently, it shifts the way they think. This shows that digital transformation is the first and foremost a business transformation. People, not technology, is the most important piece in the digital transformation puzzle,” he said.