iMerit Bhutan Launched, Hopes To Create Far-Reaching Socio-Economic Impact

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iMerit strives to drive social and economic change by tapping into an under-resourced talent pool, thereby creating digital inclusion.

(Source: BBS)

 

By Choni Dema Kuensel

iMerit Technology Services Bhutan was launched at the Thimphu TechPark on 28 Aug 2019. It is expected to create employment opportunities for Bhutanese youth.

Based in the USA, iMerit Bhutan Private Limited is a subsidiary company of iMerit Technologies. iMerit started in 2012 with the vision of bringing a diverse talent pool from underprivileged backgrounds into the digital workforce. 

iMerit’s work powers advanced algorithms in machine learning, computer vision, natural transformative understanding, e-commerce, augmented reality and data analytics.

The Minister for Labour and Human Resources, Ugyen Dorji and the Ambassador of India to Bhutan, Ruchira Kamboj inaugurated iMerit in Bhutan at the Thimphu TechPark.

iMerit Bhutan is an IT service company which offers data services to global companies around the world. It also provides tech-enabled data services for applications in areas like machine learning, computer vision, Fintech and e-commerce amongst others.

iMerit’s global client list includes top online retailers, computer vision start-ups and innovators in the financial and healthcare sectors

Using iMerit to solve problems

iMerit works with customers to enrich and label their data, as well as to achieve the best results from their algorithms. 

 

Source: iMerit

 

“We offer data services to global companies around the world. Companies are using this data to solve some very difficult problems using technology. This problem includes how to get a car to drive itself without a driver or how to automatically detect diseases from medical images like x-rays and MRIs. Another example is to find the source of pollution and destruction of the forest from the satellite images. In all these cases the computer depends on data, without which, the computer cannot come to any conclusion. This data is provided by our staff who goes through all the images or all the data which is needed by the computer and creates a kind of guide for the computer to understand this data and draw conclusions. In a nutshell, this is data services to help computers to learn how to solve a very difficult problem,” said Jai Natarajan, the Vice President for Marketing and Strategic Business Development of iMerit.

iMerit generates employment opportunities in Bhutan

The company has already employed 130 youth at the Thimphu TechPark, out of which 70% are girls. They have been running a pilot operation at the TechPark for the past few months.

The CEO of the TechPark said that besides creating employment opportunities for youth, Bhutanese IT companies can also learn a lot from the company.

The company has already employed 130 people here, but in India, they have 7 centres and employed 2500 people. We hope that they will grow in Bhutan and provide a lot of employment opportunities to a lot of other young people.

 

Source: iMerit

 

The benefits to Bhutan is not just from the employment creation point of view. When companies like iMerit comes here, they are bringing a lot of technical know-how and best practices which our start-ups and our own IT companies in Bhutan can look up to and learn from.

In addition, through the platform that they provide, young Bhutanese can engage themselves and upgrade their skills.

Socio-economic impact of iMerit

“I think it will have a far reaching socio-economic impact. So it is more than creating jobs,” said Tshering Cigay Dorji (PhD), the CEO of Thimphu TechPark.

iMerit strives to drive social and economic change by tapping into an under-resourced talent pool, thereby creating digital inclusion.

Today, the company employs over 2,500 people globally with over 50% being women and about 8% coming from low income families. 

The Labour Minister, Lyonpo Ugyen Dorji said, ‘’I am pleased to witness the growth of iMerit in a short time frame, and I hope that they will continue to develop the talent pool in Bhutan. Our government is keen to promote good careers in technology, and we are here to help and support iMerit’s vision.’’

 

This article first appeared in Kuensel and has been edited for Daily Bhutan.

 


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