Accenture Launches Innovation Hub in India

With over 140,000, of Accenture‘s 411,000 employees in India, and a transition to the requirements of new digital technologies, the company launched an innovation hub in Bangalore, India.

The 10-story, 400,000 square feet facility, has wall-sized interactive screens, and large, open work areas. 4,000 people work here using tools for artificial intelligence, blockchain, security, automation, and cloud, in industry areas such as banking, telecom, and healthcare.

Accenture's Cyber Fusion Center

The facility is the first such for the $33-billion IT consulting and outsourcing company. “We set it up in Bangalore because this is where we see the maximum number of client visits in Accenture’s global operations,” Mohan Sekhar, senior managing director of Accenture Technology Services, told the Times of India.

At the occasion, Bhaskar Ghosh, group chief executive of technology services said that the nature of people, process and technology required have changed. “We need automation masters, ethical hackers, neural scientists, data scientists, more PhDs, people with deep industry and technology skills.” The company re-skilled a large proportion of its employees, and made 37 acquisitions since the beginning of 2016 to strengthen its capabilities in the new digital areas. Today, about 50% of its revenues come from the new digital, cloud, and security services spaces, and this space is growing at strong double digits.

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Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

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