logo
Dai-ichi Life teams up with Capgemini to set up its first GCC outside Japan in Hyderabad

Dai-ichi Life teams up with Capgemini to set up its first GCC outside Japan in Hyderabad

Time of India2 days ago

HYDERABAD: Japanese life insurance player Dai-ichi Life Group has signed a multi-year agreement with French IT services major Capgemini to set up its first global capability centre (GCC) outside Japan in Hyderabad as part of efforts to accelerate its digital transformation globally.
Tired of too many ads? go ad free now
The GCC, set up on a build-operate-transfer model, was opened today at Capgemini's facilities in Hyderabad. The new GCC will strengthen Dai-ichi's in-house capabilities and technology platforms by driving innovation and operational efficiency on a global scale, the two companies said in a joint statement.
This strategic collaboration with Capgemini, which initially spans Japan, the United States, and Australia, will leverage the GCC's digital capabilities including advanced software development, infrastructure modernization, AI & data solutions, and robust cybersecurity measures, the statement said.
The new GCC has been designed with the flexibility to expand into other countries based on market needs and potential, to support the global ambitions of Dai-ichi Life Group and aims to tap into the deep pool of skilled professionals in India, it added.
According to Capgemini, it will bring its end-to-end capabilities at scale, including its strong presence and delivery track record in Japan, Asia Pacific and globally, to enable Dai-ichi Life Group's transformation agenda.
The partnership will focus on co-innovating solutions that streamline operations, harness the power of data analytics and artificial intelligence, and fortify cybersecurity defences with an eye on ensuring a seamless and enhanced experience for Dai-ichi Life Group's customers, the statement said.
'This strategic partnership supports our long-term ambition to build differentiated, internal capabilities through the establishment of our GCC.
Tired of too many ads? go ad free now
By adopting a BOT model, we are not only accelerating our digital transformation but also laying the foundation for in-house expertise in critical areas such as AI, data, and cybersecurity,' Tetsuya Kikuta, president and CEO, Dai-ichi Life Holdings said.
"This partnership is built on a shared vision to leverage technology and innovation to not only meet but exceed consumer expectations. By combining Dai-ichi Life's deep industry knowledge with Capgemini's global business and technology transformation expertise, including our proven ability to deliver complex solutions, our partnership will help unlock new value for the Dai-ichi Life Group and set new benchmarks in customer service and operational efficiency," said Aiman Ezzat, CEO, Capgemini.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Polestar restarts market expansion with France
Polestar restarts market expansion with France

Time of India

time34 minutes ago

  • Time of India

Polestar restarts market expansion with France

Swedish premium carmaker Polestar will start delivering its electric vehicles in France this year with the goal of making it one of its three main European markets, its top executive for the country told Reuters. Confronted with a cash crunch, tariff pressures, and a broad slowdown in EV demand, the company, majority-owned by China's Geely Holding, has decided to focus its efforts more on profitable Europe. Even there, though, its initial rapid expansion has stalled, with the last new market launches dating back to 2022. "We are a young company, given we have had a very steady rhythm of launches and market openings, it is good too, at some point to pause for a moment, before launching again a cycle of market openings", Stephane Le Guevel, managing director for Polestar France, said. "We have decided this year to concentrate on France and to restart the tempo next year. We have talked about Central Europe and LatAm", he said. While the Sweden-based automaker has attempted to conquer the U.S. and Chinese markets, its premium cars have been better received in Europe, which accounts for 75% of its sales. Le Guevel said that the automaker hoped France would, over the medium term, go on to become one of its top-selling markets in Europe, currently being Britain and Sweden. Polestar has tried to take on other premium brands, such as Mercedes, BMW, Audi, and Tesla, which it targeted in national ad campaigns seeking to entice Tesla owners to switch to Polestar. But its expansion has been on hold since it launched in Spain, Portugal and Italy about three years ago. In France, Polestar will start taking orders for its 2, 3 and 4 models on Wednesday, at starting prices ranging from 46,800 euros ($53,474) to 79,800 euros ($91,180). The first French showroom will open in Le Mans in July and first deliveries are expected from October. The company plans to have a robust servicing network and dedicated selling points still relying on its former owner Volvo Cars, which continues to manufacture some Polestar models . The company's French launch has been delayed by a complaint filed by PSA - now part of Stellantis - arguing the Polestar logo looked too much like the DS brand logo. Both parties reached an agreement in 2022 without disclosing its financial details.

TotalEnergies forms AI partnership with French startup Mistral
TotalEnergies forms AI partnership with French startup Mistral

Time of India

time35 minutes ago

  • Time of India

TotalEnergies forms AI partnership with French startup Mistral

Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads French oil major TotalEnergies has partnered with artificial intelligence (AI) startup Mistral to build digital tools it hopes will boost the performance of its energy business and industrial assets, boost energy efficiency and reduce its environmental impact, it said on Thursday. The collaboration has already begun, with teams meeting at both companies' existing sites. No physical laboratory is planned, a TotalEnergies spokesperson will work with Total to develop an AI-powered assistant to help the energy company develop new projects, suggest decisions on running industrial sites to reduce emissions, and improve customer support solutions to help clients save energy, according to a statement."AI has huge potential to transform energy systems ... This deal reflects our intention to contribute to the emergence of a technological ecosystem in Europe," TotalEnergies CEO Patrick Pouyanne said in a this week, Mistral launched Europe's first AI reasoning model, which uses logical thinking to create a response, as the French startup tries to keep pace with U.S. and Chinese rivals at the forefront of AI has been formally collaborating with outside AI startups since 2022, when it launched a program meant to find solutions to improve the profitability of its electricity partnerships have ranged from algorithm-based predictive maintenance of wind turbines, to optimization of its electricity trading based on advanced weather models, and more precise digital planning of future renewable energy firm has also experimented with Microsoft's Copilot, a conversational AI-powered assistant, by granting employees access for six months to determine what uses were most helpful, Pouyanne said at the AI Action Summit in Paris in February.

Karnataka Home Minister proposes to merge Tumakuru with Bengaluru district
Karnataka Home Minister proposes to merge Tumakuru with Bengaluru district

India Today

timean hour ago

  • India Today

Karnataka Home Minister proposes to merge Tumakuru with Bengaluru district

The Karnataka government has initiated steps to merge Tumakuru district with Bengaluru city, as part of a broader plan to expand the metropolitan region. Home Minister G Parameshwara on Wednesday confirmed that a proposal had been submitted to the government to convert Tumakuru into what he described as 'Bengaluru North district'.Speaking to reporters, Parameshwara explained that the rapid expansion of Bengaluru city had already extended beyond Nelamangala, bringing Tumakuru—just 30 kilometres away—well within its sphere of influence. He argued that the change in nomenclature would offer better clarity, particularly for outsiders, and boost the city's growth such a situation, there is a difference between Tumkur district and 'Bengaluru North district'. For those in New York, 'Bengaluru North' is easy to understand. Tumakuru district is somewhere like this. That is why such an effort has been made,' Parameshwara said. He added that the government had prepared a proposal to include 14 gram panchayats under the jurisdiction of the municipal corporation and said that Tumakuru city's administrative reach would be expanded in the near move builds on earlier plans revealed by Parameshwara in October 2024, when he stated that he would push for Tumakuru to be declared 'Greater Bengaluru' in light of the district's industrial growth and the proposal for a second international airport catering to the state capital. 'In the coming days, we want Tumakuru to become an extension of Bengaluru, like Greater Bengaluru. We can call it Greater Bengaluru. I'll propose this,' he had the time, Parameshwara noted that Dobbaspet, near Tumakuru, was under consideration as the location for the new airport, which is expected to match the scale of the Kempegowda International Airport and be operational by 2035. The proposed airport would handle 100 million passengers annually and require 4,500 to 5,000 acres of also praised Deputy Chief Minister DK Shivakumar for implementing a similar plan in Ramanagara. 'Deputy Chief Minister DK Shivakumar made a good plan and made Ramanagara district the Bengaluru South district. The government has approved this plan and issued an order. As soon as it is called Bengaluru South, its nature changes. Similarly, they will think about how to make Tumakuru district,' he a related development, Parameshwara announced that he had approached Union Minister for Road Transport and Highways Nitin Gadkari for permission to construct a 'Welcome' arch on the National Highway in Tumakuru. The project, which has received Rs 5 crore in funding from the Smart City initiative, aims to enhance the city's visual appeal and sense of Minister also highlighted the rapid industrial development in Tumakuru, including Asia's largest industrial hub, a Japanese township, and Hindustan Aeronautics Limited's helicopter unit. He said that a metro rail proposal had also been submitted. 'When all this happens, Tumakuru will automatically become an extension of Bengaluru,' Parameshwara had remarked. IN THIS STORY#Karnataka#Bengaluru

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store