MulticoreWare India receives “Economic Times Future Ready Organizations Award 2024-25”

CHENNAI, India, May 29, 2024 /PRNewswire/ — MulticoreWare India is proud to announce its recognition by The Economic Times – HR World, as a Future Ready Organization for 2024-25 in the Small and Medium Enterprises category.

MulticoreWare was selected as a winner in recognition of its innovative human resources strategies focused on staff satisfaction and innovative employee wellness programs. This prestigious award was received by Shashikanth JayaramanCHRO, MulticoreWare during the awards ceremony held at Bombay on May 23, 2024.

AGK Karunakaran, President and CEO of MulticoreWare said: “We are delighted to have been recognized as one of the Future Ready organizations in India. Our MAGIC R&D program and Mspace program for holistic employee well-being stand out among our series of initiatives aimed at developing and maintaining a motivated workforce. Our commitment to being a great place to work is reflected in our ongoing commitment to understanding and meeting the needs of our employees. This includes supporting their pure research aspirations and collaborating with research institutes. »

Mr. Shashikanth JayaramanCHRO at MulticoreWare said: “We believe that people work for people. We strive to create a rewarding employee experience and promote a healthy work-life balance. Our people-friendly culture puts people at the heart of MulticoreWare. That means listening with the intention to act and meet their demands. This leads to employee engagement.

Through its flagship R&D program, MulticoreWare Academia Global Innovation Center (MAGIC), MulticoreWare has created research hubs within engineering schools, staffed by MulticoreWare students, faculty and engineers. This synergy between industry and academia has yielded positive results in developing future-ready talent and supporting groundbreaking projects in the areas of AI, computer vision applications, compiler, video encoding and sensor fusion engineering.

Additionally, MulticoreWare is dedicated to developing an inclusive culture that nurtures skills and promotes values-based leadership. The Mspace program for holistic employee wellbeing has been organized in-house and focuses on experiential learning through off-site retreats. The company remains committed to cultivating a healthy culture that encourages continuous learning and synergistic teams with a unique vision.

About MulticoreWare

MulticoreWare offers software IP solutions and engineering services in the areas of compilers and platforms, computer vision, deep learning, audio and video technology (codecs), sensor fusion and image/data processing. Their solutions are used in Media & Broadcast, Automotive (ADAS/AD), Security & Surveillance, Medical Imaging, Healthcare, IoT, Retail retail, logistics, industrial automation, robotics, smart city and many other verticals. MulticoreWare’s industry-leading video codec products (x266™/x265/Ultraziq) have been deployed in live streaming or VOD services across many broadcast customers. Their customers are expanding North America, EuropeTHE Middle Eastand the Asia Pacificcovering a broad spectrum of verticals such as IT, mobility and transportation, smart health, smart cities, industry 4.0 and media and entertainment.

More information at

About the ET Future Ready Organizations Prize

The Economic Times Future Ready Organizations list honors companies that have moved from an adaptation mindset to a competitive mindset. The list presents the best companies that have seized the unique thaw opportunity presented to them to imagine and create new systems and ways of organizing that are more flexible, integrated, resilient and, ultimately, more human.

About economic times

The Economic Times is an Indian English-language daily newspaper published by Bennett, Coleman & Co. Ltd., better known as The Times Group. The Economic Times, launched in 1961, is Asia the largest and one of the three best English business daily newspapers in the world. It is India No.1 Print English Business Daily and the country’s No.1 business news website.