Unisys Expands in India, Investing Heavily in AI and Quantum Computing

Unisys Expands Footprint in India

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

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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

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Investment in AI and Quantum Computing

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

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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

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Expansion Plans and Talent Acquisition

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

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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

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Challenges and Opportunities

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

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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

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