The unique academia-industry collaboration is a strategic initiative aimed at meeting talent requirement for industry-ready data scientists
NEW DELHI, August 31, 2016 – Genpact (NYSE: G), a global leader in digitally-powered business process management and services, today announced a memorandum of understanding (MoU) with multi-disciplinary research university Amrita Vishwa Vidyapeetham for an academia-industry collaboration to meet the ever-increasing demand for data scientists. Accredited ‘A’ by NAAC, Amrita Vishwa Vidyapeetham is ranked as one of the best research universities in India.
Considering the crunch for data scientists and the increasing demand for skilled talent in this domain, a unique analytics program has been designed by Genpact and Amrita Vishwa Vidyapeetham. Aimed to develop industry-oriented knowledge and skills in analytics through guest lectures and workshops both by subject matter experts from Genpact and University faculty members, this collaboration will help students gain thorough knowledge and exposure to real business challenges.
“Genpact has been a frontrunner in providing services and grooming talent for analytics services in the industry. This partnership will further differentiate us in building a sustainable talent pool in niche analytics areas. We envision helping young professionals build a deeper appreciation of analytical tools and their application in an increasingly data-driven and technologically-connected world,” said Sudhanshu Singh, SVP and COO, Analytics and Research, Genpact.
The analytics program will leverage Genpact’s rich experience and broad suite of analytics solutions to provide enhanced experience on tools, business applications and the latest industry trends and expectations. Besides working with experts on solutions to analytics business challenges, students will also get periodic opportunities to visit Genpact offices for gaining insights and exposure to industry work environment and typical deliverables.
Upon successful completion of this program, students will become eligible for employment in Genpact’s analytics practice. Genpact will also partner with the university faculty to increase overall awareness through industry conferences and best practice seminars as well as publishing in journals, media and white papers.
“The big data and analytics industry is witnessing a rapid growth in India, placing our nation among top 10 big data analytics markets in the world. With such manifold growth in the sector, there arises a need for large number of data scientists with skilled talent. Amrita University is happy to partner with Genpact to address this issue together, by helping the students in developing their skills in analytics and making them market-ready by providing industry-oriented knowledge,” said Dr P. Venkat Rangan, Vice Chancellor, Amrita Vishwa Vidyapeetham. This collaboration complements the MS Program in Business Analytics offered at Amrita University, by University of Buffalo, State University of New York, as part of the MBA-MS dual-degree program.
Genpact and Amrita Vishwa Vidyapeetham will also work together on capability development and innovation in the analytics domain by way of additional training and incubation of new ideas in a joint research. Bringing academia and industry together to build a larger ecosystem around data-enabled decision-making, this collaboration will help promote youth employability in India through student skill development courses, faculty engagement and support for educational institutions.
About Amrita Vishwa Vidyapeetham
Amrita University is a multi-campus, multi-disciplinary research university that is accredited ‘A’ by NAAC and is ranked as one of the best research universities in India. The university is spread across five campuses in three states of India, with the headquarters at Coimbatore, Tamil Nadu. With more than 18,000 students and 2000 faculty members, the University offers more than 150 undergraduate, postgraduate and doctoral programs in Engineering, Medicine and Healthcare, Biotechnology, Nanotechnology, Business and Management, Arts and Science, Communication, Education, etc., through its 14 constituent schools. Cultivating one of the fastest-growing, robust research programs in the country and is home to 25 research centers with over 150 projects. Amrita is recognized internationally and has joint research projects, collaborative programs, and various academic tie-ups with over 80 institutions around the world, some of them being the foremost universities of international repute from the US, Italy, Germany, Sweden, Australia and Japan. The university is managed by the Mata Amritanandamayi Math, under the guidance of renowned humanitarian leader and Chancellor of the University, Sri Mata Amritanandamayi Devi.
About Genpact
Genpact (NYSE: G) stands for “generating business impact.” We are a global leader in digitally-powered business process management and services. We architect the Lean DigitalSM enterprise through our patented Smart Enterprise Processes (SEPSM) framework that reimagines our clients’ operating model end-to-end, including the middle and back offices. This creates Intelligent OperationsSM that we help design, transform, and run. The impact on our clients is a high return on transformation investments through growth, efficiency, and business agility. For two decades, first as a General Electric division and later as an independent company, we have been passionately serving our clients. Today, we generate impact for a few hundred strategic clients, including approximately one-fifth of the Fortune Global 500, and have grown to over 70,000 people in 25 countries, with key offices in New York City. The resulting business process and industry domain expertise and experience running complex operations are a unique heritage and focus that help us drive the best choices across technology, analytics, and organizational design. For additional information, visit www.genpact.com.