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Expleo to add 6,000 new staff this year amid growing AI demand

Expleo CEO Rajesh Krishnamurthy looks back on a profitable year
Expleo CEO Rajesh Krishnamurthy looks back on a profitable year

Integrated engineering firm Expleo is planning to hire 6,000 new staff before the end of this year, the global engineering, tech and consulting service provider confirmed to QA Financial.

The hiring spree means a major expansion of Expleo’s workforce, which currently consists of around 19,000 people around the world.

“Yes, to meet our ambitions for 2024 and beyond, Expleo will continue its investment in training and developing the skills of its people,” a spokeswoman for the company said.

“Expleo will hire 6,000 new experts across the Group in 2024 to reinforce and build its capabilities in high-demand areas such as AI, digital engineering, cybersecurity and software development,” she added.

Record growth

The announcement came as Expleo said it has grown its revenues by 8.5% year-on-year, to $1.3 billion.

Furthermore, Expleo revealed that its profits hit $148 million last year, a jump of just over 17%.

In addition to the additional hires, the spokeswoman pointed out the company will also continue to invest in sustainable innovation, with all Expleo R&D projects being aligned to at least one UN Sustainable Development Goal (SDG) to ensure meaningful impact.

A Global Hackathon, open to all employees, will foster innovation and identify new potential projects and initiatives in the areas of Net Zero and generative AI, she said.

Buzzword

Without a doubt, AI has been the buzzword of the year within the industry, and Expleo’s rapid growth underpins the rising demand for AI-related tech products, such as testing tools.

Expleo’s announcement comes as new data showed that test-driven development is rapidly on the rise, with more and more companies embracing TDD approaches.

In fact, almost one in four companies now follow a TDD approach, compared to less than one in five a year ago, SaaS test management platform company PractiTest found.

Sharing the results of its latest State of Testing Report, the Israel-based company said more testers are involved in CI and CD processes as nearly half of all respondents indicated that they take an active part in defining and maintaining the process, compared to around 40% in 2023.

Consequently, respondents whose companies do not deploy CI/CD dropped to 10%, indicating a continued downward trend.


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