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Economic Times
3 days ago
- Business
- Economic Times
Staffing firm Quess Corp announces 'Origint' business line for GCCs, offering end-to-end services
Staffing and workforce solutions provider Quess Corp on Tuesday announced a new business line, focusing on the growing demand for Global Capability Centres (GCCs). The Fairfax Group-controlled firm said it aims to address inefficiencies and reduce intermediaries in setting up operations in India by offering a single-window solution to global clients under umbrella service will offer a comprehensive solution that includes blueprinting for a GCC, which is identifying what specific tasks or outcomes the client wants from its office in India. Other services such as real estate, infrastructure management, digital on-baording, AI powered hiring and managing operations for these firms will all be facilitated by firm said it has already onboarded an US-based healthtech company and helped in setting up end-to-end operations in Hyderabad. A few other clients are in the pipeline with a target of four to five GCCs for 2025, said CEO Guruprasad Srinivasan of Quess. The firm said it is in talks with enterprises from the Middle East, Japan and Singapore for setting up GCC using Origint."Global enterprises are increasingly seeking more than mere cost savings - they want speed, innovation, and efficiency at scale," Srinivasan added. The company said the next wave of enterprise growth in India will be driven by firms from the US, Southeast Asia, the Middle East, and Europe. The focus being on healthcare, banking and telecom country currently hosts over 1,700 GCCs with 120 new centres launched in 2024. The GCC market is projected to reach $105 billion by 2030, employing over 24 lakh individuals. Srinivasan said Quess expects the new vertical 'GCC as a service' to significantly boost its earnings and anticipate a headcount growth of around 500-750 in the subsequent quarters. The firm said 70% of its revenue is generated from servicing GCCs. "With Origint and in partnership with our demerged entities - Digitide for Al-first digital solutions and Bluspring for infrastructure management, and other key external global partners, we are making a bold bet on the future of GCCs,' said Lohit Bhatia, President- Workforce Management at Quess. He added that the single window service will help fill the execution gap and over dependence on tier two and three suppliers, extensively reducing markup costs.
Time of India
3 days ago
- Business
- Time of India
Staffing firm Quess Corp announces 'Origint' business line for GCCs, offering end-to-end services
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Staffing and workforce solutions provider Quess Corp on Tuesday announced a new business line, focusing on the growing demand for Global Capability Centres (GCCs).The Fairfax Group-controlled firm said it aims to address inefficiencies and reduce intermediaries in setting up operations in India by offering a single-window solution to global clients under umbrella service will offer a comprehensive solution that includes blueprinting for a GCC, which is identifying what specific tasks or outcomes the client wants from its office in India. Other services such as real estate, infrastructure management, digital on-baording, AI powered hiring and managing operations for these firms will all be facilitated by firm said it has already onboarded an US-based healthtech company and helped in setting up end-to-end operations in Hyderabad. A few other clients are in the pipeline with a target of four to five GCCs for 2025, said CEO Guruprasad Srinivasan of Quess. The firm said it is in talks with enterprises from the Middle East, Japan and Singapore for setting up GCC using Origint."Global enterprises are increasingly seeking more than mere cost savings - they want speed, innovation, and efficiency at scale," Srinivasan company said the next wave of enterprise growth in India will be driven by firms from the US, Southeast Asia, the Middle East, and Europe. The focus being on healthcare, banking and telecom country currently hosts over 1,700 GCCs with 120 new centres launched in 2024. The GCC market is projected to reach $105 billion by 2030, employing over 24 lakh individuals. Srinivasan said Quess expects the new vertical ' GCC as a service ' to significantly boost its earnings and anticipate a headcount growth of around 500-750 in the subsequent quarters. The firm said 70% of its revenue is generated from servicing GCCs."With Origint and in partnership with our demerged entities - Digitide for Al-first digital solutions and Bluspring for infrastructure management, and other key external global partners, we are making a bold bet on the future of GCCs,' said Lohit Bhatia, President- Workforce Management at Quess. He added that the single window service will help fill the execution gap and over dependence on tier two and three suppliers, extensively reducing markup costs.
