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

Email

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.

 


Related Posts

Thimphu TechPark Gears Up For Industry 4.0 In Bhutan

Conceived in Germany, Industry 4.0 is internationally hailed as the latest, or Fourth Industrial Revolution.

Sep 03, 2019 13:28

Fulfilling His Majesty The King’s Vision To Develop Space Science...

The PANOPTES telescope project was initiated to fulfil the vision of His Majesty The King to pioneer and foster...

Aug 16, 2019 23:58

Harnessing The Power Of Technology To Lead Bhutan Towards...

“We have very talented Bhutanese, who, given the right training and preparations, can take advantage of technology,” His...

Aug 11, 2019 23:08

Suhas Gopinath - World’s Youngest CEO Gave An Inspiring Talk On...

“Technology is a means of survival in the competitive modern world with modern problems,” said Suhas Gopinath.

Jul 22, 2019 23:58

South Asian Internet Service Providers Attend SANOG 33 In Bhutan...

SANOG provides a regional forum to discuss operational issues and technologies of interest for data operators in the...

Jan 15, 2019 00:45

Techstars Startup Weekend Bhutan (Eco-Tourism): 54 Hours where...

The eventful weekend saw 130 keen people in attendance, of which 56 pitched ideas. This was the fifth time that such an...

Nov 29, 2017 08:46

Latest

News

The Test of Loyalty & Commitment Among Bhutanese Employers in Tourism Industry

Amid the crisis we recognized few Bhutanese Tour Operators with generous and compassion souls because COVID-19 will have far-reaching...

Apr 03, 2020 14:33

Daughter Of U.S Covid-19 Patient Thanked Bhutan For Its Great Care And Prayers

The 76 year old American tourist left Bhutan for the US on March 13 for further medical treatment.

Mar 16, 2020 23:28

Features

Digital Content Creators and Its Relevance

Everything under the sun, you name it, can be discussed! And therefore, the relevance of BLOGGING in our everyday lives!

Apr 01, 2020 01:22

Gangkhar Puensum – World’s Highest Mountain Forbidden To Climbers

The Bhutanese also believe that the Gangkhar Puensum is home to the mythical Yeti and other legendary creatures.

Mar 23, 2020 23:28

Sports

Karma – Female Archer From Bhutan Qualified For Tokyo 2020 Olympic Quota

Karma has been specialising in Olympics-style archery since 2009.

Nov 30, 2019 13:18

Bhutan’s Pelden Wangchuk Wins 10th Edition Of Tour 0f Dragon Mountain Bike Race

This year, the race also saw the highest number of female participants compared to past years.

Sep 10, 2019 01:08

Business

Celebrating Bhutan’s Entrepreneurs: Namkhar Gyaltshen Of Transcend Artisan

This story is part of an exclusive feature by Yeewong Magazine in Dec 2018 on celebrating entrepreneurship in Bhutan.

Mar 06, 2020 11:48

Centre Of Excellence For Software Engineering Launched By Bhutan’s Thimphu Techpark

The purpose of establishing this centre is to fulfil His Majesty the King’s vision of using technology to solve problems.

Feb 24, 2020 23:58

Travel

Bumthang The Switzerland of Bhutan Beyond Itineraries

Bumthang in Bhutan is the most historic dzongkhag if we consider the number of ancient temples and sacred sites. Being a combination of four...

Mar 28, 2020 11:59

Thimphu Urbanites Hits The Hiking Trail Than Ever Before.

One of the best and easy walk around Thimphu is the three-to four-hours round trip from Dochu La to Lungchuzekha Goemba. It affords...

Mar 26, 2020 11:40

Lifestyle

Food on Wheels- First of its kind in Bhutan

The World's Largest Fast Food Restaurant Chains doesn't exist in Bhutan.

Mar 04, 2020 09:39

Amazing Stories from the Eastern Part of Bhutan

You can't say you have visited the eastern part of Bhutan unless you have experienced the following bizarre things.

Mar 02, 2020 19:02

Subscribe to our newsletter

Never miss out on new happenings and news stories!

Download Daily Bhutan Mobile App

Connecting with us just got easier!