Explore Business Standard
Don’t miss the latest developments in business and finance.
Joining the debate on working hours, IT services company Capgemini India's chief executive Ashwin Yardi on Tuesday advocated 47.5 hours work per week, and was against sending e-mails to employees on weekends. He was speaking at Nasscom Technology and Leadership Forum (NTLF) here. "Forty seven and half hours. We have about nine hours a day and five days a week," Yardi said replying to a question on the ideal time to be put in by an employee per week. "My guiding principle for the last four years is don't send an e-mail on a weekend even if it is an escalation unless you know you can solve it on a weekend," he added. Acknowledging that sometimes he does work on weekends, Yardi said he desists from sending e-mails to employees, as there is no point just to give "grief" to an employee knowing well that the work cannot be done on a weekend. It can be noted that IT industry leader and Infosys co-founder N R Narayana Murthy has been pitching for a 70-hour work week, while EPC major Lars
French information technology (IT) services and consulting company Capgemini on Wednesday said it has collaborated with SAP Labs to launch the Capgemini-SAP Digital Academy programme to provide employment-linked skill training to 8,000 marginalised youth in India over the next three years. "We are delighted to collaborate with SAP and make a contribution towards the advancement of India's digital economy through the upskilling of its youth. Through the Capgemini-SAP Digital Academy programme, we are not only providing skills but also creating pathways for sustainable careers and livelihood while at the same time nurturing the skilled talent India needs to grow," Capgemini India CEO Ashwin Yardi said in a statement. Over the next three years, Capgemini and SAP will jointly invest and pool resources, expertise, and networks to support this initiative aimed at bridging the digital skills gap for more than 8,000 individuals, who are part of India's marginalised youth. "By joining forces
Nearly two in three financial services firms have started using artificial intelligence (AI) and look to utilise it across the full value chain in the next two years, says a report. A Capgemini report released on Friday highlighted that implementing cloud at scale is critical to harvest the full value of AI investments and the financial services firms have seen limited impact of AI due to low-scale adoption. "One-in-two banks and insurers have not moved their core business applications to the cloud," the report said. As many as 91 per cent of banks and insurance companies have now initiated their cloud journey, a significant increase from 2020, when only 37 per cent of firms had embarked on their cloud transformations. However, this high rate and its corresponding investment do not translate to effective cloud adoption at scale. More than 50 per cent of firms surveyed have only moved a minimal portion of their core business applications to the cloud, the report said. The value of