Times of India·4 min read·medium

Who says AI's killing services! An opportunity to open lakhs of new clients, jobs

S
SUJIT JOHN AND SHILPA PHADNIS
Who says AI's killing services! An opportunity to open lakhs of new clients, jobs
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Deloitte South Asia CEO Romal Shetty argues that AI will expand the firm's market by allowing them to offer services to smaller businesses at affordable prices. The company plans to scale its workforce significantly by 2030, utilizing AI-driven platforms to automate routine tasks.

Why it matters

Illustrates how large professional services firms are adapting their business models to leverage AI for market expansion.

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Romal Shetty is betting that AI will give Deloitte so much more work that it will need thousands of additional employees. The opportunity, he says, lies in reaching customers that the firm, one of the world's largest professional services networks, could never afford to serve before. We met the CEO of Deloitte South Asia in his Bengaluru office, overlooking the city's racecourse and one of its biggest golf courses.He's a cricket fan, and there's signed memorabilia around his office. Shetty has little time to play these days. And the conversation quickly turns from cricket to the future of consulting.Deloitte's India practice plans to add about 50,000 people by 2030, on top of the current humongous workforce of 1.5 lakh (30% of worldwide strength), of which 1 lakh serve global markets in areas like consulting, tech services, analytics, audit and tax services.

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