“Big Four” the auditor of the Ernst and Young will be going to hire 2000 employees in India to expand its digital solution services across the domains of Artificial Intelligence, automation, Blockchain, and tax technologies.
According to the report, EY will be going to recruit the new talent over the next few years and going to invest $1 Billion in some of the new latest technologies, innovation, client services, and the EY ecosystem over the fiscal period.
Ram Sarvepalli, leader of EY Advisory Services India and partner of EY Emerging Markets Centre, has contextualized the auditor’s bid to pursue blockchain and other bleeding-edge technologies in India as part of a wide-ranging digitalization and automation trend across both government and the private sector:
“There is significant capital available for new startups, and big Indian companies are investing in digital [and] this is triggering a massive opportunity and the need for hiring digital talent […] [D]igital governance and citizen services are themes that almost every state is focusing on.”
EY reportedly has around 20000 employees working on the technology and digital solutions across the service lines in India, and the auditor has said to hired around “several new partners” to expand its capacity in the field of consulting and technology. According to the report, the auditor is the market leader in advisory services in India which is working with around 100 local partners and seeing a “steady increase” in the large scale, and complex innovation project.
The auditor has also done research into the blockchain based platform and the crypto related models which are recently identifying and the reports risks around the Initial Coin Offering in particular.
