logo
LTIMindtree launches GCC-as-a-Service; to cater to firms that want to set up GCCs

LTIMindtree launches GCC-as-a-Service; to cater to firms that want to set up GCCs

New Indian Express14 hours ago
Venu Lambu, Chief Executive Officer and Managing Director, LTIMindtree, said, "GCCs are becoming strategic centres for industry-specific transformation and efficiency. LTIMindtree's GCC-as-a-Service helps enterprises build, scale, and evolve their GCCs into global innovation hubs, leveraging our BlueVerse ecosystem to drive next-gen capabilities and gain a competitive edge with scalable, responsible AI."
LTIMindtree' s GCC-as-a-Service includes support for setting up entities, ensuring legal and compliance readiness, and building infrastructure in major global cities. Services include operational enablement for finance, accounting, tax, workspace setup, and IT. Apart from this, the company will provide services including transition management, program governance, delivery excellence, and knowledge management. Anand Chandramouli is the head – Global Capability Center Solutions.
Many IT companies are now focusing on GCCs as it is projected to reach a market size of $110 billion by 2030.
Sachin Alug, CEO, NLB Services, recently said that these centers have become critical nodes for organisations seeking agility, cost efficiency, and access to a vast talent pool.
Infosys recently conducted its Annual General Meeting and chairman Nandan Nilekani said both Artificial Intelligence (AI) and Global Capability Centres (GCCs) are new ways of growth.
"The current wave of GCC is not about cost arbitrage, it's about innovation arbitrage. Quite a few companies are setting up research centres, AI/Machine Learning centres, GCCs, and we're helping many of them in this regard. This means that GCCs are no longer our competitors, they're critical clients for us," he had said.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

LTIMindtree introduced its GCC-as-a-Service
LTIMindtree introduced its GCC-as-a-Service

Business Standard

time11 hours ago

  • Business Standard

LTIMindtree introduced its GCC-as-a-Service

LTIMindtree introduced its GCC-as-a-Service. The services cater to organizations that may want to set up GCCs, scale their existing ones to optimize costs and create added value. The catalogue covers a spectrum of Build, Operate, Transform and Transfer services, offering clients the option to pick and choose what they require. GCC-as-a-Service commercials are designed on a per-seat or per service basis to ensure cost optimization and value realization. LTIMindtree's Talent Solutions, part of our Build Services enables clients efficiently onboard business-ready talent from day one through its in-house AI-powered talent acquisition ecosystem. As a part of Transform Services, the Company provides industry specific offerings; technological solutions and frameworks that lead to acceleration of value realization. Clients will be able to leverage its BlueVerse Agentic AI Ecosystem with industry and function specific agents as well as its AI studios across the world to accelerate their AI journey.

Finland's Suominen names Charles Héaulmé as new president & CEO
Finland's Suominen names Charles Héaulmé as new president & CEO

Fibre2Fashion

time14 hours ago

  • Fibre2Fashion

Finland's Suominen names Charles Héaulmé as new president & CEO

Suominen Corporation's Board of Directors has appointed Mr. Charles Héaulmé, current Chair of the Board, as the company's new President and CEO. Mr. Héaulmé will start at the latest August 11, 2025. Mr. Héaulmé brings with him decades of executive leadership experience across various industries. His strategic insight and proven track record in driving performance and transformation have earned the full confidence of the Board to lead Suominen into its next phase of financial improvement and sustainable growth. Suominen Corporation has appointed Charles Héaulmé as its new president and CEO, effective by August 11, 2025. He steps down as chair of the board and personnel committee with immediate effect. CFO Janne Silonsaari becomes interim CEO as Tommi Bjí¶rnman exits by mutual agreement. The board thanked Bjí¶rnman for his leadership. Mr. Héaulmé will continue to serve as Chair of the Board until the next Annual General Meeting of Suominen 2026. He will step down from his position as a Chair and member of the Personnel and Remuneration Committee of the Board of Directors as of today. The Board of Directors of Suominen Corporation and Mr. Tommi Björnman, have mutually agreed that Mr. Björnman will step down from his position as the President and CEO. Mr. Janne Silonsaari, currently Chief Financial Officer, has been appointed as interim President & CEO, effective June 30, 2025. 'We thank Mr. Björnman for his dedication and leadership during his tenure,' says Andreas Ahlström, Deputy Chair of the Board of Suominen . 'Under his guidance, Suominen has continued to focus on its vision to be the frontrunner for nonwovens innovation and sustainability.' 'The past two years at Suominen have been both challenging and rewarding. I am proud to see that we have elevated commercial excellence, sustainability, and innovation to the next level,' says Tommi Björnman . 'I am honored to step into the CEO role at a pivotal time for Suominen. I look forward to working closely with our talented team to build on the company's strong foundations, drive sustainable growth, and deliver long-term value to our shareholders, customers, and communities,' says Charles Héaulmé . Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (RM)

LTIMindtree launches GCC-as-a-Service; to cater to firms that want to set up GCCs
LTIMindtree launches GCC-as-a-Service; to cater to firms that want to set up GCCs

New Indian Express

time14 hours ago

  • New Indian Express

LTIMindtree launches GCC-as-a-Service; to cater to firms that want to set up GCCs

Venu Lambu, Chief Executive Officer and Managing Director, LTIMindtree, said, "GCCs are becoming strategic centres for industry-specific transformation and efficiency. LTIMindtree's GCC-as-a-Service helps enterprises build, scale, and evolve their GCCs into global innovation hubs, leveraging our BlueVerse ecosystem to drive next-gen capabilities and gain a competitive edge with scalable, responsible AI." LTIMindtree' s GCC-as-a-Service includes support for setting up entities, ensuring legal and compliance readiness, and building infrastructure in major global cities. Services include operational enablement for finance, accounting, tax, workspace setup, and IT. Apart from this, the company will provide services including transition management, program governance, delivery excellence, and knowledge management. Anand Chandramouli is the head – Global Capability Center Solutions. Many IT companies are now focusing on GCCs as it is projected to reach a market size of $110 billion by 2030. Sachin Alug, CEO, NLB Services, recently said that these centers have become critical nodes for organisations seeking agility, cost efficiency, and access to a vast talent pool. Infosys recently conducted its Annual General Meeting and chairman Nandan Nilekani said both Artificial Intelligence (AI) and Global Capability Centres (GCCs) are new ways of growth. "The current wave of GCC is not about cost arbitrage, it's about innovation arbitrage. Quite a few companies are setting up research centres, AI/Machine Learning centres, GCCs, and we're helping many of them in this regard. This means that GCCs are no longer our competitors, they're critical clients for us," he had said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store