PwC To Set Up AI and IoT Labs In India

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  • The labs will be used to incubate new solutions to address issues like Industry 4.0, Responsible AI, Blockchain
  • The organisation also has plans to showcase its IoT capabilities by transforming their entire Salt Lake office premises into a smart building
  • PwC India is also planning to hire 1,200 people from engineering and data analytics background

According to a recent report by TOI, PwC is planning to set up a ‘Centre of Excellence’ (CoE) in artificial intelligence (AI) and a new IoT lab in India. These labs are the first of their kind for PwC in India. 

The labs will be used to incubate new solutions to address issues like Industry 4.0, Responsible AI, Blockchain etc. It will help PwC’s clients apply emerging technology solutions to manage disruptions in their industry and deliver solutions to enhance their customer experience.

Setting up the labs in Kolkata

“East, especially Kolkata has been an important part of our 140 year old legacy and it continues to play a pivotal part in our growth journey. We are the only Big4 firm to have a large consulting delivery centre in this part of the country,” said Arnab Basu, Managing Partner- East, PwC India.

He added, “We see immense potential in the workforce of the region, who are talented, committed and eager to learn. Today, we are 6000 people strong in the region and are committed to develop the pool here by offering them multi competency growth opportunities.”

The organisation also has plans to showcase its IoT capabilities by transforming their entire Salt Lake office premises into a smart building in the months to come, the company’s official statement read.

PwC India is also planning to hire 1,200 people from engineering and data analytics background in the next year, many of whom will work for its new IoT Lab and the Artificial Intelligence Centre of Excellence.