Summary of Nagarro aims to touch $10 billion in 10 years driven by strong adoption of AI | Entrepreneur

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    Nagarro: A Digital Engineering Giant Embracing AI

    Nagarro, a digital engineering company, is making waves in the tech industry with its ambitious plans for AI-powered growth. Founded in India in the mid-1990s, Nagarro has a global footprint, operating in 36 countries and serving clients in 70. The company's unique approach, focusing on agility, creativity, and small teams, has allowed it to differentiate itself in a crowded market.

    • Nagarro's CEO and co-founder, Manas Human, believes that AI will be ubiquitous, like the internet or electricity, and that companies need to determine their role in the AI revolution.
    • The company is heavily investing in AI to enhance its operations and deliver innovative solutions to its clients.

    AI-Driven Growth and Expansion

    Nagarro's commitment to AI is evident in its ambitious revenue targets. The company aims to reach $10 billion in revenue over the next decade, driven by increased adoption of AI across enterprises and a gradual rise in discretionary spending.

    • Nagarro crossed the $1 billion revenue mark in 2023.
    • The company has more than doubled its revenue since its independent listing on the Frankfurt Stock Exchange in 2020.
    • India is the largest talent hub for Nagarro, employing approximately 12,000 out of its total workforce of 18,300 employees spread across 37 countries.

    AI's Role in Transforming Nagarro's Operations

    Nagarro views AI as a transformative tool, not just for its clients but also for its own operations. The company leverages AI to streamline its processes, enhance efficiency, and improve decision-making.

    • Nagarro aims to use AI to democratise personalized information, inputs, feedback, and cross-functional workflows.
    • The company's AI investments are driving innovation and helping Nagarro stay ahead of the curve in the rapidly evolving digital landscape.

    Nagarro's Vision for AI-Powered Solutions

    Nagarro is not simply embracing AI as a technology; it is actively shaping the future of AI-driven solutions. The company believes that AI has the potential to create fluidic companies, characterized by intelligence, agility, responsiveness, personalization, and creativity.

    • Nagarro's goal is to help its clients become more intelligent and adaptive through the power of AI.
    • The company's AI expertise spans across diverse industries, including BFSI, automotive, and the public sector.

    The Future of Work at Nagarro

    In a world where remote work is becoming the norm, Nagarro has adopted a remote-first approach. While the company has large offices in Gurugram, Bengaluru, and Pune, it also maintains smaller workspaces, known as hives, across 20 locations throughout India.

    • Nagarro's remote-first environment empowers employees to work from anywhere while fostering collaboration and social interaction.
    • The company's flexible work arrangements attract top talent and contribute to its innovative culture.

    Nagarro's Impact on the Digital Engineering Landscape

    Nagarro's commitment to AI and its innovative approach to digital engineering are transforming the industry. The company's focus on agility, creativity, and client-centricity has earned it a reputation as a leader in the digital product engineering space.

    • Nagarro's ambition to become one of the world's greatest companies in terms of impact is driven by its dedication to AI and its ability to deliver transformative solutions.
    • As the company continues to grow and expand its AI capabilities, it is poised to play a significant role in shaping the future of the technology industry.

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