UST Global, the Aliso Viejo, California-based $1.1-billion information technology (IT) services company, is targeting to hire 30,000 people in the next three years to take its headcount up from the current 15,000, its CEO Sajan Pillai said.
Ten thousand of these hires would be from Israel in the cyber security domain, for which it would be tapping the Israeli government, Pillai said. Another 10,000 hires are going to be in Mexico, and the last 10,000 would be made from among the ranks of India’s differently abled, he said.
UST Global, which is targeting a topline of $3 billion in the next two years, claims to be the fastest organically growing company in Indian IT.
Pillai said a new campus with a built-up area of three million square feet is coming up in Thiruvananthapuram at a cost of $200 million.
Apart from Thiruvananthapuram, the company is present in six Indian cities, he said.
Pillai said the company’s early bets on retail and healthcare has paid off with most of the growth in IT in the past three years coming from these verticals. In his view, this will remain so for the next five to ten years. Pillai said the company has identified that the six basic services of design, cyber security (in partnership with Israeli spy agency Mossad), analytics, cloud, mobility, and social are going to decide the intersection of technology and business, and would be focusing on them.
UST Global Chief Administrative Officer Alexander Varghese announced the signing of a seven-year, $38-million engagement with the Madhya Pradesh government on digitisation and automation of urban local bodies.
The programme, which is an end-to-end eGovernance engagement, will touch 377 local bodies, he said.
Pillai further said the company has launched a venture capital (VC) fund based in Bengaluru, for which the initial investments will be the tune of $20 million.
He said the VC fund will tap into the learnings from the company’s similar initiatives in Palo Alto and Israel.
Among the interesting work done by the company, it is rolling out a software product to apply analytics to cricket, for which the tie-up with Chennai Super Kings — with UST Global as the principal sponsor — will come in handy, he said.
It’s also building a commerce engine for a leading telecom company which will allow one to have the exact same branding imprint in all the nine major social media.