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Home Mobile/Digital

Tredence targets 4,000 employees by mid-2025; on-boards strategic clients

by MN4U Bureau
July 17, 2024
in Mobile/Digital
Reading Time: 2 mins read
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Tredence targets 4,000 employees by mid-2025; on-boards strategic clients
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Mumbai: Data science and AI solutions company Tredence is expanding its operations in India to aid its growth and diversification strategy. The company recently opened two new AI delivery centers in Pune and Kolkata, in addition to upgrading its facilities in Bengaluru and Chennai.

Expanding into sectors like Banking and Financial Services (BFSI) and Healthcare & Life Sciences (HLS) and entering the Middle East region, Tredence aims to hire 1,500 new employees, increasing its workforce by 60% from 2,500 to 4,000 employees by mid  next year. These new roles span data science, data engineering, data analytics MLOps, LLMOps, GenAI and marketing analytics.  The company is also recruiting forroles to meet the growing needs of clients in Generative AI while launching a GenAI upskilling programme to prepare professionals for upcoming client projects.

“At Tredence, we are deeply committed to India, where we have built a strong foundation across our business functions. Our ongoing investments in R&D, sales and talent development underscore our dedication to fostering innovation and contributing globally. While North America has been pivotal in our growth journey, we are excited about the immense opportunities in India, Europe and the Middle East. These markets represent strategic pillars for Tredence as we continue to leverage data science and AI to drive transformative solutions” said Shub Bhowmick, co-founder, CEO Tredence.

“India is a cornerstone of talent and ingenuity driving our global initiatives. By concentrating on AI/ML and cloud technologies, we provide pioneering solutions that expedite our clients’ transformational journey. With over 80% of our workforce based in India and selected through a rigorous hiring process, we are prepared to address global challenges. We allocate 10% of our revenue towards future innovation and capability development as a sign of our dedication to strategic growth,” said Munjay Singh, COO Tredence.

In India, Tredence partners with manufacturing, healthcare, retail and CPG companies to tackle last-mile AI challenges. Tredence recently collaborated with a business conglomerates to drive strategic decision-making and improve operational efficiency through its AI/ML solutions. The company also empowers a healthcare provider to expedite clinical research processes and works with retail and CPG global capability centers to swiftly deploy domain-specific data models for accelerated data analytics.

Tags: GenAIMunjay SinghShub BhowmickTredence

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