Pandemic was disastrous for a lot of businesses. It kind of turned their world upside down. But there is one sector that came unscathed from this pandemic. It kind of thrived because of it. That sector is the IT sector. IT is not only surviving but also thriving. While minting profits it also creating thousands of jobs worldwide. IT giant Capgemini has also announced some fascinating plans for the upcoming months.
Looking forward to a profitable future
Aiman Ezzat, CEO of Capgemini Group is expecting the company to have 14 percent profitability by 2025.
According to him, the company continues to expect profit to increase year on year. He said, “We have been doing it for the last 10-years and I expect it to continue, sometimes it is small but every year we have been improving profitability except last year where we had a bit of erosion but now we are back on to profitability drive and we have targeted 14 percent by 2025.”
The role of IT is evolving
The company is betting on the evolving role of IT in every aspect of the business. “Our company’s growth is linked to the evolution of the use of IT. IT has been always focused on enterprise management – help companies run more efficiently. Now we have what we call the intelligent industry, all new product developments, all the operations are now digitalized. So the growth is coming because the use of IT has significantly expanded across the value chain in the companies. So we have to ensure that IT is not just a spend but it helps our clients transform and create value,” the CEO further added.
Doubled hiring plans
“Compared to the beginning of the year we have doubled our hiring plans,” Azman Ezzat Said. He also asserted that the demand is tremendous but the challenge is going to be the shortage of talent in the market. There is definitely a talent war going on because there is more demand.
So, all in all, this is a piece of good news for all the competent young technocrats. Isn’t it?
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