Majority of latest GCCs prioritise AI/ML capabilities for progress: Report

With synthetic intelligence (AI) rating within the prime three priorities for 74 per cent of CIOs in FY24, GCCs are more and more directing their focus in direction of digital capabilities, notably synthetic intelligence/machine studying (AI/ML) and information analytics, with a staggering 80 per cent of consideration pivoting in that path, in accordance with a report by ANSR.

Apparently, this surpasses the emphasis positioned on probably the most distinguished conventional tech capabilities of utility improvement and upkeep (ADM), which stands at 78 per cent.

• Additionally learn: Development of GCCs in India’s tier-2 to be pushed by smaller GCCs

The business is experiencing a big diversification in demand and functionality capabilities, pushed by a wide-ranging inflow from varied sectors. Past corporates, important demand drivers are rising from sectors like healthcare (21 per cent), hi-tech (21 per cent), BFSI (14 per cent), manufacturing (14 per cent), and retail (7 per cent).

“We’re witnessing a transformative shift within the world GCC panorama, with a robust give attention to digital capabilities comparable to AI/ML, analytics, cybersecurity, cloud, and so on., driving unprecedented progress. As India continues to emerge as a powerhouse for GCCs, we’re pushed by our imaginative and prescient to empower prime world companies with our AI-driven options to arrange, run, and handle high-impact world centres,” stated Vikram Ahuja, Co-founder of ANSR, and CEO of Talent500.

• Additionally learn: Indian enterprises generated almost half of AI/ML transactions in APAC: Report 

The report additionally states that tech hubs like Bengaluru and Hyderabad have solidified their positions as main GCC hubs, boasting over 30 per cent and 19 per cent GCC presence, respectively. Following intently behind are Delhi (15 per cent), Mumbai (12 per cent), Pune (10 per cent), and Chennai (9 per cent), as highlighted within the ANSR report. GCCs have a presence in over 15 areas aside from these six tier-1 hubs.

Gujarat Worldwide Finance Tec-Metropolis (GIFT Metropolis) in Ahmedabad is rising as a sexy vacation spot. The regulatory atmosphere at GIFT SEZ provides advantages comparable to aggressive taxes, streamlined enterprise processes, comparatively decrease operational prices, and top-notch infrastructure, in accordance with the ANSR report.