Thiruvananthapuram: While Kerala continues to be an ideal destination for more and larger investments in the field of Information Technology, shortage of local talent pool poses a real challenge, according to Manu Gopinath, Chief Operating Officer (COO), UST Global. “IT companies sometimes find it difficult to source right kind of talents from Kerala. While the
Thiruvananthapuram: While Kerala continues to be an ideal destination for more and larger investments in the field of Information Technology, shortage of local talent pool poses a real challenge, according to Manu Gopinath, Chief Operating Officer (COO), UST Global.
“IT companies sometimes find it difficult to source right kind of talents from Kerala. While the supply of fresh engineers is high, employability is comparatively low. There is a shortage of right candidates when it comes to skills pertaining to fullstack development and Machine Learning,” said Manu Gopinath while speaking at an interaction with media persons organised by the company as part of its 20th Founder’s Day celebrations. Gopinath added that UST Global is making “concerted efforts to inspire talents in the growing IT skill group in Kerala.” The company has taken various initiatives to enhance skill sets like hackathons and skill development programmes across colleges in India, he added.
UST Global has been offering opportunities to young talents to work with the company’s R&D platform, Infinity Labs, in an attempt to train them in cutting-edge and world-class technologies, he said.
“We basically try to spur interest in young minds. We are trying to instil aspirations. That’s definitely part of who we are as a company,” the COO said.
Focus on Product Development
Over the last two decades, UST Global has earned good reputation for itself in the international IT market through its various offerings. Now the top management of the company is planning to enter the field of product development. One of the key focus areas in that regard, according to the COO, is offering various IT products for Business Process Automation.
The company recently launched SmartOps, an intelligent product automation platform. “At present, through SmartOps, which is facilitated by technologies like Artificial Intelligence and Machine Learning, UST Global is targeting verticals like banking and retail,” said Gopinath.
Ramping Up Production of Coconics
Speaking about the status of Coconics, an initiative supported by UST Global to produce laptops, the COO said it is in the process of ramping up the production of Coconics laptops.
“Our strong relationship with Intel and the Kerala Government has helped the venture positively,” said Gopinath commenting on Coconics, India’s newest Original Equipment Manufacturer (OEM)/Original Design Manufacturer (ODM) incubated by UST Global, Keltron, Kerala State Industrial Development Corporation (KSIDC) and Acceleron Labs, an Intel India Maker Lab. The company was formed with the guidance of Intel to manufacture IT hardware in India.
Investment and Acquisitions
UST Global, one of the largest IT employers in Kerala, recently made four acquisitions, according to Sunil Kanchi, Chief Investment Officer & Chief Information Officer of the company. “We have acquired four companies in the last six months. The acquisition of ComplyUSA is a major one as far as the company is concerned. Others are Contineo Health, Nexus – a European cyber security company and SCM Accelerators,” said Kanchi.
UST Global works closely with Kerala Startup Mission (KSUM) and startups in Kerala. It has also invested in Cogniphi, a Kerala-based startup and has 365 companies in its partnership ecosystem.
The company’s immediate expansion plans include a new campus at Infopark Kochi with a seating capacity of 2000. Out of UST Global’s 24,000 strong workforce, 8000 employees are located in Kerala.