EY To Hire 2000 Employees in Blockchain, AI and Related Technologies
Blockchain Community is going gaga over the recent decision of Ernst & Young (EY), one of the Big Four auditors of hiring more than 2,000 employees in India in order to expand the digital solution services across different spheres like Blockchain, Artificial Intelligence, Automation and tax related technologies. This news has received great coverage all over India and has been reported by almost all the major Indian news websites
As reported by the Times, in order to meet their global plans of 1 Billion USD investment, EY is going to employ large number of employees in a span of over a two fiscal year period, as of July 2018.
Ram Sarvepalli, leader of EY Advisory Services India and partner of EY Emerging Markets Centre, has made reference towards the wide-ranging digitalisation and automation trend across both the government and private sector as the major factor towards this decision:
As reported by the sources, EY is adding about 600 employees every six months in analytics and has hired nearly 700 people in the last 18 months for digital governance jobs. Times reported saying that, the auditor is the market leader in advisory services in India, working with over 100 local partners and seeing a “steady increase” in large-scale, complex innovation projects.
EY has been working on leveraging Blockchain Technology to develop sector specific auditing tools such as its in-house block explorer.
As reported by Cointelegraph in one of the reports:
“this fall, fintech solutions are thriving under the aegis of the Indian government’s “Digital India” campaign, most recently with the launch of a nationwide digital payments project from Hitachi Payments and the State Bank of India (SBI).”