Capgemini, a Paris-based global consulting firm, will be expanding their presence in Columbia with the opening of a new Advanced Technology Development Center at BullStreet. Complementing their recently-expanded insurance services Global Delivery Center, this new center will focus on areas such as cloud computing, artificial intelligence, and digital transformation with over 200 new jobs.
These jobs, which will pay 50% higher salaries than the Columbia average while drawing on recent graduates from the University of South Carolina and others, reflect a changing industry profile in the Columbia region. Companies such as Capgemini can meet their tech-heavy workforce needs with ease in the region, due to the presence of thousands of recent graduates complementing a skilled and experienced existing workforce in the insurance and tech sphere.
Obviously, the addition of 200 high-paying jobs is a major positive for the region. In many ways, though, Capgemini’s new center is another point along a trend line, following recent announcements from IBM Watson and SIOS Technology in the area of artificial intelligence and cloud computing. This trend illustrates a functioning cluster – multiple announcements in a related area, all leveraging research capabilities of a major university to produce products enabling advancement by other companies in the region.
As this cluster grows, it enhances the attractiveness of the area. It’s well-known that Columbia offers world-class livability combined with a low cost of living and a strong workforce; this growth only will make it easier for insurance and technology companies locating in Columbia to attract and retain top talent in the long run.