Tag: inaugurates

Eightfold inaugurates new artificial intelligence research and innovation hub in India

Source: dqindia.com

Building on robust growth, Eightfold.ai, the creator of the Talent Intelligence Platform, announced the opening of ‘Eightfold Nalanda’, its global center of excellence, research and innovation in cutting-edge AI domain. Founded by Dr. Ashutosh Garg and Varun Kacholia, IIT alumni and Machine Learning experts from Google and Facebook, Eightfold.ai has already secured more than 100 customers operating in 20 countries around the world.

With a recent Series C round of $28 million, the company has quickly become one of the most well capitalized companies in Silicon Valley, and with a growing portfolio of products, and a growing global team, the company is expanding quickly. The company’s customers in India include Tata Communications Limited and Delhivery.

“Opening Eightfold Nalanda, our center of excellence, in India is an important step in our growth,” said Dr. Ashutosh Garg, Co-Founder and CEO of Eightfold.ai. “Having grown up in India, it’s important to me that we bring the benefits of our AI Platform to the workforce in India as well. The algorithms that power the Eightfold Talent Intelligence Platform are built to help everyone find the right role for them and help them realize their potential, while embracing our diversity.”

Co-Founders Dr. Garg and Kacholia are widely hailed for their record of innovation and leadership in Machine Learning, holding between them 86 patents. The co-founders have filed four new patents in the last year at Eightfold.ai.

In service of this vision for the company’s place in India, Eightfold.ai names its India headquarters and center of excellence as Eightfold Nalanda. The center of excellence in India will be under the leadership of Sandesh Goel, who will be General Manager for India.

“Today we have customers in 20 countries across four continents and they are driving the innovation on our Talent Intelligence Platform across talent acquisition, career planning, skills development, and employee and candidate experience. India, in itself, is now one of the largest and fastest growing economies in the world and it was time to bring many strategic functions of the company to serve this geography at scale. I am excited to welcome Sandesh Goel to our team and have him build an excellent team in India,” said Dr. Garg.

“Opening the Eightfold Nalanda global center of excellence in India is an exciting moment for all of us,” said Sandesh Goel, general manager – India at Eightfold.ai. “Re-skilling is emerging as a key imperative for employers all over the world, nowhere more so than here in India. Half of the world’s Millennial population is in India, and these young workers face job displacement requiring them to learn new skills quickly. The employers of India must adapt in order to attract and retain their talent as well. These are the challenges we are now addressing at scale with our Talent Intelligence Platform.”

IT Minister Inaugurates Tata Consultancy Office in Patna

Source: patnadaily.com

Built at the cost of Rs. 20 crore, the center is expected to hire 400 employees working in software development and business processing side of the information and technology industry, Prasad said.

Urging private industries to invest in Bihar, the Central Information and Technology (IT) and Law Minister said that TCS was India’s largest IT company that employed over 4 lakh people worldwide. Nearly 36% of its workforce is made up of women, he said.

Prasad then went on to the obligatory praise of Narendra Modi saying because of the immense trust the people of Bihar had posed in the Prime Minister, the TCS was an early gift to the state by him.

“This is an early gift from the Prime Minister and more is yet to come. We also plan to turn 5000 villages in Bihar into ‘Digital Village’. Nationwide, more than one lakh villages are part of this ambitious plan. Patna is going to be an ‘IT Hub’ in the coming days,” Prasad said.

Prasad’s vision of Patna being the IT hub of the nation is reminiscent of similar promises made by Chief Minister who has, in his 14 years of rule in Bihar, has pledged to turn Patna, or Bihar, into a ‘Tourism hub’, an ‘IT hub’, a ‘Healthcare Destination’, an ‘Education Mecca’, and an ‘Agricultural powerhouse’, among other ‘hubs’.

Relying on the number of cell phone users in Bihar, the Bharatiya Janata Party (BJP) leader said that out of 130 crore people of Bihar, 123 had Adhaar card and out of 121 crore users of mobile phones, about 70 crores were the owners of smart phones.

“This all means that Bihar is ripe for a ‘digital revolution’ and e-governance. With the presence of TCS, Patna will become the IT hub of eastern India,” he said.

The event was attended by a number of BJP leaders including Sanjeev Chaurasia, Nitin Navin, and TCS Global head Milind Lakkad.

Eightfold inaugurates ‘Eightfold Nalanda’ in India to accelerate global expansion

Source: crn.in

Eightfold.ai, the creator of the Talent Intelligence Platform, has announced the opening of ‘Eightfold Nalanda’, its global center of excellence, research and innovation in AI domain. Founded by Dr Ashutosh Garg and Varun Kacholia, IIT alumni and machine learning experts from Google and Facebook, Eightfold.ai has already secured more than 100 customers operating in 20 countries around the world.

With a recent Series C round of $28 million, Eightfold.ai has become one of the most well capitalised companies in Silicon Valley, and with a growing portfolio of products, and a growing global team. Eightfold.ai’s customers in India include Tata Communications and Delhivery.

“Opening Eightfold Nalanda, our center of excellence, in India is an important step in our growth. Having grown up in India, it’s important to me that we bring the benefits of our AI Platform to the workforce in India as well. The algorithms that power the Eightfold Talent Intelligence Platform are built to help everyone find the right role for them and help them realise their potential, while embracing our diversity,” said Dr Ashutosh Garg, Co-Founder and CEO of Eightfold.ai.

Co-Founders Dr Garg and Kacholia are widely hailed for their record of innovation and leadership in machine learning, holding between them 86 patents. The co-founders have filed four new patents in the last year at Eightfold.ai.

Eightfold.ai has named its India headquarters and CoE as Eightfold Nalanda. The CoE in India will be under the leadership of Sandesh Goel, who will be General Manager for India.

“Today we have customers in 20 countries across four continents and they are driving the innovation on our Talent Intelligence Platform across talent acquisition, career planning, skills development, and employee and candidate experience. India, in itself, is now one of the largest and fastest growing economies in the world and it was time to bring many strategic functions of the company to serve this geography at scale. I am excited to welcome Sandesh Goel to our team and have him build an excellent team in India,” said Dr Garg.

“Opening the Eightfold Nalanda global center of excellence in India is an exciting moment for all of us. Re-skilling is emerging as a key imperative for employers all over the world, nowhere more so than here in India. Half of the world’s Millennial population is in India, and these young workers face job displacement requiring them to learn new skills quickly. The employers of India must adapt in order to attract and retain their talent as well. These are the challenges we are now addressing at scale with our Talent Intelligence Platform,” said Sandesh Goel, General Manager – India, Eightfold.ai.