Business
UST to double headcount to 4,000 in Hyderabad, opens new office
Hyderabad, Nov 22
Digital transformation solutions company UST on Wednesday opened a new office here, saying it will double the headcount from 2,000 to 4,000 in the city in the next 2-3 years.
The 1,18,000-square-feet facility, with the provision of more expansion in the future, will accommodate over 2,000 UST employees and act as a centre for innovative research and development in emerging technologies such as Artificial Intelligence (AI), Machine Learning (ML) and IoT.
“This expansion will enable us to tap into the rich local talent pool as we strengthen our capabilities across various strategic domains and technologies,†said Alexander Varghese, Chief Operating Officer, UST.
The new facility will be home to cutting-edge research initiatives in several dynamic sectors, including telecom, Hitech, retail, and insurance, and the fourth Development centre in India with innovation labs.
UST’s presence in Hyderabad has expanded rapidly since beginning operations in 2018 with just 250 employees.
The company also has software delivery and development centres in Bengaluru, Chennai, Thiruvananthapuram, Kochi, Pune, Coimbatore, Hosur, and Delhi-NCR.
The new facility was inaugurated by Jayesh Ranjan, State Principal Secretary of Industries & Commerce (I&C) and IT, in the presence of Krishna Sudheendra, UST CEO and others.
A team of skilled engineers and researchers will be based out of the new office’s engineering lab.
Over the next two years the site will transition to a global capability centre to meet demand in the healthcare, pharmaceuticals, telecom, manufacturing, retail, and insurance sectors, said the company.
1 hour ago
G20 Johannesburg summit calls for improving global governance
1 hour ago
EAM Jaishankar speaks to Ukrainian FM, discusses latest conflict-related developments
1 hour ago
PM Modi holds significant discussions with world leaders during Jo'burg G20 Summit
1 hour ago
US says Russia-Ukraine peace draft made with Moscow's 'input'
1 hour ago
Ukraine, US to hold consultations on peace plan in Switzerland
1 hour ago
Houthi court sentences 18 Yemeni UN aid workers to death for 'spying for Israel'
1 hour ago
Justice Surya Kant to take oath as 53rd CJI tomorrow
1 hour ago
Tejas pilot’s body brought to Coimbatore; IAF personnel pay tearful tribute
1 hour ago
The Third Eye: Strategic significance of transparency
1 hour ago
Gujarat CM changes his programme venue for citizen's wedding in Jamnagar
1 hour ago
'He is daydreaming': DKS dismisses Kumaraswamy's claim of 'explosive political developments' in K'taka
1 hour ago
TN govt brings Cuddalore’s Srimushnam taluk under Cauvery Delta region; over 18,000 farmers to benefit
1 hour ago
Bilateral trade to grow, investment to surge with proposed Israel FTA: Piyush Goyal
