Marlabs to Hire 500 Engineers in India, Aiming to Double Revenue in 3 Years

Marlabs, a leading IT services and consulting company headquartered in New York, has announced a significant expansion plan in India. The company aims to hire 500 tech professionals across the country in 2024. This strategic move comes as Marlabs seeks to double its revenue in the next three years and bolster its expertise in key technological domains.

In Short

• Marlabs, a New York-based IT services and consulting firm, plans to hire 500 engineers in India by the end of 2024.
• The company aims to double its revenue in the next three years.
• The hiring will predominantly focus on skills related to data engineering, AI, and product engineering.

What is Marlabs?

Marlabs is a New York-based IT services and consulting firm that provides end-to-end IT services. The company offers digital-first strategy and advisory services, product incubation, prototyping, and digital engineering. These services help streamline operations, transform data into decisions, boost legacy systems, and capture novel opportunities and digital-led revenues. Marlabs serves clients worldwide, helping them build and manage IT applications and infrastructure, thereby future-proofing their businesses. With over 2,500 employees and more than 27 years of transformation, Marlabs continues to be a pioneer in harnessing the potential of digital technologies.

Why is Marlabs Hiring in India?

Marlabs, a New York-based IT services and consulting firm, is planning to hire 500 engineers in India by the end of 2024. The decision is driven by several factors. Firstly, India is a strategic hub for Marlabs, housing the majority of its global workforce. Secondly, the country boasts a large pool of talented tech professionals, making it an ideal location for Marlabs to expand its operations. Lastly, the company is optimistic about India’s talent in data engineering and aims to use its data science and artificial intelligence (AI) techniques to expand its digital presence worldwide.

What Roles is Marlabs Hiring For?

Marlabs is primarily looking to fill positions in the following areas:

1. Data Engineering: As data science continues to revolutionize various industries, Marlabs is actively seeking skilled data engineers to design, develop, and maintain data pipelines and infrastructure.
2. Artificial Intelligence (AI): With AI playing a pivotal role in driving innovation across sectors, Marlabs is seeking professionals with expertise in AI technologies like machine learning, deep learning, and natural language processing.
3. Digital Product Engineering: To cater to the growing demand for digital products and services, Marlabs is looking for professionals skilled in software development, user experience (UX) design, and product management.

Indian Market Compared to Other Global Markets?

Marlabs’ comparison of the Indian market to other global markets reveals several key points:

1. Primary Market: The US remains Marlabs’ main market, contributing over 80% of its revenue.
2. Team Location: Despite the US being their primary market, Marlabs’ team is predominantly located in India, enabling them to effectively cater to their American clients.
3. Market Maturity: Over the past five years, Marlabs has observed significant maturity in the Indian market, particularly in terms of programs and digital transformation initiatives.
4. Growth Opportunities: The Indian market’s maturity has presented Marlabs with promising growth opportunities, especially in the digital solutions sector.

How Does Marlabs use AI and ML?

Marlabs, a leading IT services and consulting firm, leverages artificial intelligence (AI) and machine learning (ML) to accelerate digital transformation for its clients. The company has a sharp focus on the effective deployment and oversight of machine learning models, which drive AI initiatives, diminish operational complexities, and enhance existing infrastructures. This ensures scalability and optimal performance. Marlabs plans to hire up to 500 engineers in India by the end of this year, particularly in the data engineering field. This strategic move underscores the company’s commitment to harnessing advanced technologies like AI and ML to drive innovation.

Marlabs’ Hiring in India and Its Growth Strategy

Marlabs’ decision to hire 500 tech professionals in India aligns with its ambitious growth strategy. By bolstering its workforce with skilled individuals in data engineering, AI, and digital product engineering, Marlabs aims to:

1. Expand its service offerings: By building a strong team of data and AI specialists, Marlabs can cater to the growing demand for data-driven solutions and AI-powered applications.
2. Enhance its digital capabilities: With a focus on digital product engineering, Marlabs can develop and deliver cutting-edge digital products and services to its clients.
3. Strengthen its market position: By expanding its talent pool in India, Marlabs can solidify its position as a leading IT services and consulting company in the global marketplace.

Conclusion

Marlabs’ decision to hire 500 tech professionals in India signifies the company’s commitment to growth and its recognition of India’s potential as a talent hub. This strategic move will not only empower Marlabs to achieve its ambitious revenue targets but also contribute to the overall growth of the Indian IT sector.

FAQs

How can I apply at Marlabs?

Interested candidates can visit the Marlabs careers page (link) to explore available positions and submit their applications.

Is Marlabs a big company?

Yes, Marlabs is a large company with annual revenues between $100-$500 million and over 2,500 employees worldwide

Who is the founder of Marlabs?

It was founded by Siby Vadakekkara and Srinivasan Balram in 1996.