The US firm EPAM Systems Inc., a provider of digital platform engineering and software development services, on Thursday, opened its Hyderabad Digital Engineering centre.
The new facility, with a capacity to seat 1,600 people, is designed to enable advanced technical training, research and development, and full-cycle customer programmes ranging from commercial product development to digital platforms.
A design studio and an ‘Innovation Garage’ form part of the facility that was inaugurated by the IT and Industries Minister K.T. Rama Rao. Hyderabad is a strategic location for the company due to the unique combination of talent base, engineering culture and high liveability rankings of the city, an EPAM release said.
The city has become a key destination for many global companies, Mr. Rao said in the release.
Briefing press persons, EPAM CEO and President Arkadiy Dobkin said the global headcount of the 25-year old firm, which is listed on NYSE, was 27,000 of which 25,000 were engineers. In India, the company employed 900 people in Hyderabad and 100 in Pune.
To a query, he said EPAM’s revenue for 2017 was $1.45 billion and the company expected a 25% organic growth in revenue this year. The employee hiring would increase at 20% in the next one year.
On further acquisitions, he said the company was looking at Indian entities with global scale.
It is focused on artificial intelligence, machine learning, big data and cloud deployment.
EPAM’s presence in India began in 2015 with its acquisition of software product development services and test automation solutions firm Alliance Global Services.