By ET Bureau - December 19, 2019 2 Mins Read
Mastech Digital, a leading provider of Digital Transformation IT Services, said that it is seeing a steady increase in its share of digital revenues, especially after its new positioning earlier this year.
In August 2019, the Company launched a Digital First initiative to aggressively target the growing need for digital talent in American corporations. As part of this initiative, Mastech Digital committed itself to set up specialized teams that are experienced and trained in identifying resources across various digital technologies, and also embarked on a focused marketing campaign to bring awareness of the Digital First initiative to its customer base. The chosen digital technologies are in the areas of Data Management, Analytics and AI, Cloud and Cybersecurity, Mobile technologies, and Digital Learning.
Commenting on the increase in digital revenues for the Company, President and CEO, Vivek Gupta said, “Our share of digital revenues is now at 40%, and we are aiming to deliver half of our revenues from digital technologies by end-2021. With our data and analytics business unit showing record growth over the last couple of quarters, and our staffing unit now taking a Digital First approach, I can confidently say that we have successfully transformed ourselves into a digital technologies company.”
According to the Future of Jobs Survey 2018 report by the World Economic Forum, 85% of the global companies will adopt Big Data and Analytics by 2022. LinkedIn ranks Cloud Computing, Artificial Intelligence, and Analytics as three of the top five technology skills most needed in 2019. Mastech Digital has made significant investments in the areas of data management, and analytics through its acquisition of InfoTrellis in 2017, and has continued to drive momentum in staffing digital skills.
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