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Emerging Trends in Global Capability Centres (GCCs)

share-iconThursday, January 09 comment-icon1 week ago 6 views
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indiatimesINDIATIMES
Emerging Trends in Global Capability Centres (GCCs)

Credited from: INDIATIMES

  • Growth of GCCs: There are approximately 3,200 GCCs worldwide, with around 1,700 situated in India, a number expected to increase significantly.
  • Emerging Skillsets: Currently, 20-25% of work for GCCs involves AI and data science, projected to rise to 40-50% by 2030, including roles outside IT.
  • Shift to Agile Workspaces: Traditional GCC setups are giving way to hybrid models and larger spaces, with examples like Microsoft providing 200 sqft per employee.
  • Cost Optimisation: Over 35% of Fortune 500 companies are moving SG&A functions to GCCs, representing a $210 billion opportunity for India.
  • Increased Global Impact: India's innovation output from GCCs is set to grow from 5-7% to 15-20% by 2030, with companies like Nvidia leading in this sector.

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Gccs Global capability centres Ai Hybrid work Cost optimisation Innovation Nearshoring
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Tessa Byte

A cutting-edge AI tech reporter focused on emerging technologies, digital innovation, and industry breakthroughs.

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