Lloyds Banking Group to invest in technology centre in Hyderabad
The leading provider of retail and business financial services in the UK, Lloyds banking Group, has announced intentions to build a technology hub in Hyderabad's Knowledge City neighbourhood. The change seeks to improve the group's wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital capabilities and satisfy changing client demands.
With plans for future growth, the Lloyds technology Centre will initially recruit 600 highly qualified technology, data, and cybersecurity workers during the first six months of operation. The Centre will play a crucial role in the organization's £3 billion strategic investment over the following three years, which is intended to modernize its wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital capabilities. According to a formal statement, Lloyds hopes to improve customer experience, strengthen internal technological skills, and promote innovation through this investment.
Following a meeting in london earlier this year between a team led by IT and industries minister KT Rama Rao and officials from Lloyds banking Group, the decision to invest in telangana was made. The minister promoted telangana as the perfect entry point for businesses with offices in the UK during the discussion. Their choice to make an investment in the area was further cemented by Lloyds' following trip to Hyderabad.
According to Ron van Kemenade, Chief Operating Officer of Lloyds banking Group, Lloyds' investment in hyderabad underscores India's status as a leader in technological innovation. As we implement a significant technological shift across our organisation, it is also an exciting time for us. There will be many chances in hyderabad as we expand our presence there and add new positions. We are seeking a smart staff, as well as innovation, skill development, and support for long-term growth, the speaker continued.
The State has established itself as a favoured worldwide destination for IT/ITES exports thanks to its extraordinary tech talent, world-class infrastructure, and business-friendly climate, according to minister KT Rama Rao. He added, "We applaud Lloyds banking Group and give a warm welcome for choosing hyderabad to expand their wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital and data skills, and their commitment to India.
Utilising technology and data to spur innovation and provide end-to-end solutions will be the main emphasis of the Lloyds technology Centre in Hyderabad. The organisation supports the government's wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital objective by working to advance diversity, empower women, and contribute to India's economic growth. The leadership team is presently being hired, and further hiring initiatives are anticipated before the technology centre opens later this year.
According to Ron van Kemenade, Chief Operating Officer of Lloyds banking Group, Lloyds' investment in hyderabad underscores India's status as a leader in technological innovation. As we implement a significant technological shift across our organisation, it is also an exciting time for us. There will be many chances in hyderabad as we expand our presence there and add new positions. We are seeking a smart staff, as well as innovation, skill development, and support for long-term growth, the speaker continued.
The State has established itself as a favoured worldwide destination for IT/ITES exports thanks to its extraordinary tech talent, world-class infrastructure, and business-friendly climate, according to minister KT Rama Rao. He added, "We applaud Lloyds banking Group and give a warm welcome for choosing hyderabad to expand their wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital and data skills, and their commitment to India.
Utilising technology and data to spur innovation and provide end-to-end solutions will be the main emphasis of the Lloyds technology Centre in Hyderabad. The organisation supports the government's wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital objective by working to advance diversity, empower women, and contribute to India's economic growth. The leadership team is presently being hired, and further hiring initiatives are anticipated before the technology centre opens later this year.