IIM BG Magazine 4 | Page 6

Infosys to open tech hub in Arizona, to hire 1000 people by 2023

nfosys said it would open its technology and innovation hub in Arizona and would hire 1000 people in the stately 2023. The Arizona hub will focus on autonomous technologies, Internet of Things (IOT), full-stack engineering, data science and cyber security. This investment will strengthen their ability to deliver for their clients across Arizona and the Southwest and expand the local workforce to help their clients compete in the rapidly digitizing global economy said Ravi Kumar,

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Jio may be the most affected by the SC verdict on Aadhaar

eliance Jio Infocomm, the most recent entrant in India’s telecom service sector, may be more adversely affected by the Supreme Court order curbing the use of Aadhaar than older rivals Vodafone Idea and Bharti Airtel. The apex court order disallowing telcos from using the faster Aadhaar-based verification system could slow the pace of subscriber additions significantly, potentially delaying the company’s plan to acquire a 50% revenue market share. The Mukesh Ambani-owned telco has been adding many more

subscribers every month than its rivals. Jio’s gross customer additions could decline in the coming months as the verification process will henceforth be a more cumbersome affair, which could also be a turn-off for potential new users who’ve been lately used to instant connectivity under the Aadhaar-based enrolment mechanism told by a foreign brokerage analyst. The consistently higher monthly additions may make verification costs greater for Jio than Vodafone Idea or Airtel.

President, Infosys To date, Infosys has opened two US technology hubs, one in Indianapolis, Indiana and another in Raleigh, North Carolina. Infosys has also announced that it will build hubs in Hartford, Connecticut and Providence, Rhode Island.

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