Informatica, a leader in the enterprise cloud data management segment, plans to increase its headcount in its Bengaluru research and development centre by adding more than 350 professionals within 12-18 months, according to Sathesh Murthy, managing director, Informatica India.
“Given the depth and breadth of talent we have in Bangalore, we plan to recruit 300-350 people in the next 12-18 months,” Mr. Murthy said in an interview.
“A lot of product development is happening here. Products like data cataloging is going to happen here. It is the largest R & D facility of Informatica across the world.”
Informatica, based in the U.S., was acquired by Permira in 2015 for $5.3 billion.
“Two-thirds of our revenues come from North America,” said Anil Chakravarthy, CEO.
“In India, over the last 3-4 years our investment here has grown by 50% or more,” he said, without disclosing the amount. “We will grow in Hyderabad but the centre of gravity is in Bangalore.”
The Permira acquisition gave a chance for the company, which was earlier listed on Nasdaq in 1999, a chance to “transform,” its product portfolio, business model, go-to-market strategy and the brand itself, said Mr. Chakravarthy. He said the company was planning to go public again.
‘Faster growth’
“The fruit of this is resulting in much faster growth. All that puts us in a very good position. As a public company it helps us raise the profile of the company. For the employees of the company, it is a great outcome both professionally and financially,” he said.
