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On Thu, 10 Oct, 8:02 AM UTC
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[1]
Unisys expands in India, investing in AI and quantum computing
Unisys, a multinational technology company, views India as a crucial part of its global supply chain due to its abundant and skilled talent pool. The company has been operating in India for over two decades and has plans to expand its presence further. India contributes significantly to Unisys' research and development efforts, and the company is investing heavily in AI and quantum computing technologies. Even amid the disruptions in global supply chains facing the technology industry, India is a crucial part of the supply chain in terms of providing a stable and consistent pipeline of talent, said Peter Altabef, chief executive of multinational technology solutions company Unisys. "When you think of India as part of the supply chain, its potential and its consistency are enormous," Altabef told ET. "If you're like us, a technology company, our inventory is really the talent of our people." The country provides a unique combination of scale, quality and energy, said Altabef, who was on an India visit in September. He added that about 40% of Unisys' work is done here. The Blue Bell, Pennsylvania-headquartered company offers cloud, data and AI, digital workplace, logistics and enterprise computing solutions. It has operated in India for about the last 25 years and the largest share of its workforce, a quarter, is in India. The company expects to open a new office in Gurugram by next year, adding to its five existing offices in Bengaluru, Hyderabad, and Gurugram. "India is very important to Unisys. Our goal was to do everything we do as a company in India, and I think we're there now," he said, adding that many of its leading research and products are coming out of India. "I would expect that as far as the company continues to grow, the footprint in India will grow at least as fast as that - probably faster." The company logged a revenue of about $2 billion in the financial year 2023, growing at 1.8% year-on-year. Like many other businesses, Unisys is investing in AI. It has 125 AI projects underway, is embedding AI across its offerings, and has seen about a 50% productivity boost in application development. The key for advancement, however, is to marry AI with quantum computing, Altabef said. Unisys sees an opportunity in quantum annealing for post-quantum cryptography, which will enhance protection of assets. It has also leveraged quantum computing in air traffic logistics optimisation - an area that earlier, with classical computing, could not get past the sub-optimal efficiency levels, Altabef said. By early next year, this will be expanded to trains and trucks. The company taps into India's AI and quantum computing expertise to build such solutions as well, Altabef said. In terms of company-wide upskilling efforts, he noted that a higher percentage of the Indian employees had taken the more advanced AI courses than anywhere else in the world. On challenges, Altabef highlighted the competition for top talent and the enormous energy needed to run AI programmes - a problem seen in other parts of the world as well, he noted. He also noted issues of commute times and internet bandwidth for those who work in hybrid modes. The company is committed to hiring from about 200 universities it has forged a relationship with over the years, Altabef said. Further, the company's annual ten-month industry-academia contest, the Unisys Innovation Programme, has resulted in a significant number of internship and employment opportunities for students. Last year, as much as 50% of submissions from many universities taking part in the programme were AI-related, Altabef added.
[2]
India offers stable talent pipeline for global tech: Unisys
Unisys, a multinational technology company, views India as a crucial part of its global supply chain due to its abundant and skilled talent pool. The company has been operating in India for over two decades and has plans to expand its presence further. India contributes significantly to Unisys' research and development efforts, and the company is investing heavily in AI and quantum computing technologies. Even amid the disruptions in global supply chains facing the technology industry, India is a crucial part of the supply chain in terms of providing a stable and consistent pipeline of talent, said Peter Altabef, chief executive of multinational technology solutions company Unisys. "When you think of India as part of the supply chain, its potential and its consistency are enormous," Altabef told ET. "If you're like us, a technology company, our inventory is really the talent of our people." The country provides a unique combination of scale, quality and energy, said Altabef, who was on an India visit in September. He added that about 40% of Unisys' work is done here. The Blue Bell, Pennsylvania-headquartered company offers cloud, data and AI, digital workplace, logistics and enterprise computing solutions. It has operated in India for about the last 25 years and the largest share of its workforce, a quarter, is in India. The company expects to open a new office in Gurugram by next year, adding to its five existing offices in Bengaluru, Hyderabad, and Gurugram. "India is very important to Unisys. Our goal was to do everything we do as a company in India, and I think we're there now," he said, adding that many of its leading research and products are coming out of India. "I would expect that as far as the company continues to grow, the footprint in India will grow at least as fast as that - probably faster." The company logged a revenue of about $2 billion in the financial year 2023, growing at 1.8% year-on-year. Like many other businesses, Unisys is investing in AI. It has 125 AI projects underway, is embedding AI across its offerings, and has seen about a 50% productivity boost in application development. The key for advancement, however, is to marry AI with quantum computing, Altabef said. Unisys sees an opportunity in quantum annealing for post-quantum cryptography, which will enhance protection of assets. It has also leveraged quantum computing in air traffic logistics optimisation - an area that earlier, with classical computing, could not get past the sub-optimal efficiency levels, Altabef said. By early next year, this will be expanded to trains and trucks. The company taps into India's AI and quantum computing expertise to build such solutions as well, Altabef said. In terms of company-wide upskilling efforts, he noted that a higher percentage of the Indian employees had taken the more advanced AI courses than anywhere else in the world. On challenges, Altabef highlighted the competition for top talent and the enormous energy needed to run AI programmes - a problem seen in other parts of the world as well, he noted. He also noted issues of commute times and internet bandwidth for those who work in hybrid modes. The company is committed to hiring from about 200 universities it has forged a relationship with over the years, Altabef said. Further, the company's annual ten-month industry-academia contest, the Unisys Innovation Programme, has resulted in a significant number of internship and employment opportunities for students. Last year, as much as 50% of submissions from many universities taking part in the programme were AI-related, Altabef added.
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Unisys, a multinational technology company, is expanding its presence in India, leveraging the country's talent pool for AI and quantum computing initiatives. The company sees India as a crucial part of its global supply chain and is investing in new offices and research projects.
Unisys, a multinational technology solutions company, is significantly expanding its presence in India, recognizing the country's crucial role in its global supply chain. Peter Altabef, CEO of Unisys, emphasized India's importance during his recent visit, stating, "When you think of India as part of the supply chain, its potential and its consistency are enormous" [1][2].
The company, headquartered in Blue Bell, Pennsylvania, has been operating in India for about 25 years and currently conducts approximately 40% of its work in the country. India hosts the largest share of Unisys' workforce, accounting for a quarter of its global employees [1][2].
Unisys is heavily investing in artificial intelligence (AI) and quantum computing technologies, leveraging India's expertise in these fields. The company has 125 AI projects underway and is embedding AI across its offerings, resulting in a 50% productivity boost in application development [1][2].
Altabef highlighted the importance of combining AI with quantum computing for future advancements. Unisys is exploring quantum annealing for post-quantum cryptography to enhance asset protection. The company has also applied quantum computing to optimize air traffic logistics, an area where classical computing struggled to achieve optimal efficiency [1][2].
Unisys plans to open a new office in Gurugram by next year, adding to its five existing offices in Bengaluru, Hyderabad, and Gurugram. Altabef expressed confidence in India's growth potential, stating, "I would expect that as far as the company continues to grow, the footprint in India will grow at least as fast as that - probably faster" [1][2].
To secure top talent, Unisys has established relationships with about 200 universities in India. The company's annual Unisys Innovation Programme, a ten-month industry-academia contest, has resulted in numerous internship and employment opportunities for students. Notably, last year, 50% of submissions from participating universities were AI-related [1][2].
While Unisys sees immense potential in India, it also faces challenges. Altabef noted the competition for top talent and the significant energy requirements for running AI programs. Additionally, issues related to commute times and internet bandwidth for hybrid work models were highlighted [1][2].
Despite these challenges, Unisys remains committed to its Indian operations. The company logged a revenue of about $2 billion in the financial year 2023, growing at 1.8% year-on-year. With its continued investment in AI and quantum computing, Unisys is positioning itself to leverage India's unique combination of scale, quality, and energy in the tech sector [1][2].
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