Intelligent CIO APAC Issue 54 | Page 11

BCforward opens expanded APAC Global Capabilities Center ( GCC )
Digital asset adoption in APAC is almost three-times the global average , Consensus report finds
NEWS
BCforward opens expanded APAC Global Capabilities Center ( GCC )

BCforward , a leader in professional services and workforce management solutions has opened an expanded Global Capabilities Center ( GCC ) in Hyderabad , India , where they have operated successfully for more than a decade .

Located in Hyderabad ’ s Sattva Knowledge Park , a premier tech hub , the new Asia-Pac GCC enables BCforward to take advantage of the region ’ s thriving ecosystem of research and cutting-edge development to assist clients in transforming , accelerating , and scaling their organizations globally . world ’ s fastest-growing markets to provide clients consistent service delivery across geographies .
This expansion follows Christian ’ s recent acquisition of TSR – the addition of which enhances BCforward ’ s profile in the technology staffing and consulting space , further strengthening their collective ability to serve diverse client needs across industries .
Together , BCforward and TSR are pitched as well-positioned to provide a broader array of innovative solutions to clients globally .
Justin Christian , founder and CEO of BCforward , said : “ Hyderabad is hub for tech and business talent , and with this expansion , we will be able to attract and retain expert knowledge workers to meet the workforce and services needs of our global Fortune 500 clients .
Founded in 1998 , BCforward has grown to achieve an annual revenue of nearly $ 500 million and a workforce of 4,000 employees worldwide .
“ Our increased workforce will also enable us to support more global projects including follow-the-sun models because we will have an even greater 24 / 7 operational capacity .”
The investment in the new expanded Asia-Pac GCC exemplifies
BCforward ’ s commitment to add capabilities and capacity in the
Digital asset adoption in APAC is almost three-times the global average , Consensus report finds

Digital asset adoption in APAC reached 22 % in 2024 , almost three-times the global average of 7.8 %, new research from

Consensus finds .
The report , created in partnership with Protocol Theory , finds that Thailand has emerged as the top country in APAC for digital asset adoption at 44 % followed by India ( 32 %) and the Philippines ( 31 %).
According to the report Driven By Demand : The People-Powered Crypto Movement in Asia Pacific conducted ahead of Consensus ’ expansion to Hong Kong , this rise is driven by an interplay of evolving regulatory environments , speculative interest , practical utility , and a deep-seated belief in digital asset ’ s future potential .
In addition , the report also observed :
• Of the nearly 4,300 respondents across APAC , 61 % of individuals believe that digital assets will play a significant role in the future of global finance and investment .
• Over half of those surveyed ( 51 %) believe that digital assets will be used for everyday purposes , as well as help promote financial inclusion globally .
• 37 % of surveyed digital asset adopters wanted to gain financial control over personal finances without relying on banks .
Michael Lau , Chairman , Consensus Hong Kong , said : “ We are seeing the start of new era where APAC is leading the charge and influencing other regions to pick up the pace in building a more interconnected and seamless global economy .”
The October 2024 report is based on a quantitative research study involving nearly 4,300 individuals aged 18 and above across ten APAC markets – with about 400 respondents from each .
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