Skip to content Skip to left sidebar Skip to right sidebar Skip to footer

Tag: #SoftwareEngineering

Hyderabad Aims to Become a Global Confidence Centre Beyond GCCs

Hyderabad, October 2026 – Hyderabad is aiming to move beyond its reputation as a leading Global Capability Centre (GCC) hub. Telangana’s IT and Industries Minister, D. Sridhar Babu, has outlined a vision to position the city as a Global Confidence Centre, where multinational companies develop innovative solutions for global challenges.

The announcement came during the inauguration of a new technology development centre by Backbase, a Netherlands-based financial technology company.

Backbase Opens a New Technology Centre

Backbase has opened a 30,000-square-foot technology development centre in Hyderabad to support its expanding engineering operations.

According to the information provided, the company’s Indian engineering team has grown from fewer than 50 engineers in 2020 to more than 600. India is now its largest engineering hub outside its Amsterdam headquarters.

The expansion is expected to create 300 additional skilled job opportunities, strengthening Hyderabad’s position in the global fintech industry.

AI and Digital Banking at the Centre

The new facility will support the development of digital banking software and financial technology products for customers worldwide.

Key roles expected to be supported include:

  • Applied AI engineers
  • Data engineers
  • Full-stack developers
  • User experience specialists
  • Software development engineers in test
  • Forward deployed engineers

These roles reflect the growing demand for professionals with expertise in artificial intelligence, software engineering and digital financial services.

Telangana Focuses on Future-Ready Skills

The Telangana government is working to strengthen the talent pipeline needed by technology companies.

Priority skill areas include:

  • Artificial intelligence and data analytics
  • Cloud computing and cybersecurity
  • Software and product engineering
  • Digital banking technology

Developing these skills could help local professionals access specialised technology careers while encouraging more companies to establish advanced engineering operations in Hyderabad.

Why Hyderabad Wants to Become a Global Confidence Centre

The proposed shift represents a broader ambition for the city’s technology economy.

Moving beyond IT support: Hyderabad aims to attract more core product development, research and engineering activities rather than relying primarily on traditional IT services.

Strengthening fintech: Backbase’s expansion highlights the potential for Hyderabad to become an important centre for digital banking innovation.

Creating skilled jobs: Growing demand for AI, data and software engineering professionals could expand career opportunities for local talent.

Encouraging innovation: The government wants global companies to develop technologies that address complex business and societal challenges.

Global Leaders Attend the Inauguration

The inauguration brought together representatives from the Netherlands and Backbase’s leadership team.

Those attending included Ann Cremers, Deputy Consul General of the Netherlands; Backbase CTO Greg Fahy; Chief of Staff Reinhard Schiel; and India Site Head Surabhi Sharma.

The gathering highlighted the international partnerships supporting Hyderabad’s technology ecosystem.

What This Means for Hyderabad’s IT Sector

Hyderabad has developed into an important destination for multinational technology companies, supported by its skilled workforce and established IT infrastructure.

The Global Confidence Centre vision seeks to build on that foundation by attracting more strategic engineering, product development and research activities.

If this approach succeeds, the city could strengthen its role in developing technologies used by businesses and consumers around the world.

Backbase’s expansion marks another development in Hyderabad’s technology journey, with AI, fintech and advanced engineering emerging as important areas for future growth.

Planon Expands Hyderabad Footprint with New Facility, Boosting AI and Cloud Innovation in Telangana

Hyderabad, October 2026 – Global smart building management software company Planon India has expanded its Hyderabad facility, strengthening its presence in one of India’s leading technology hubs.

The expanded centre will support Planon’s growing operations and contribute to the company’s global technology and product development activities.

Hyderabad Centre to Focus on Technology and Innovation

Planon’s expanded Hyderabad facility will focus on several key technology areas, including software engineering, product development, cloud technologies and artificial intelligence.

The centre will help develop digital solutions that enable organisations to manage workplaces, buildings and real estate more efficiently.

AI and machine learning will also play an important role. These technologies can support applications such as predictive maintenance, energy optimisation and smarter use of building spaces.

Telangana Leaders Attend Inauguration

The facility’s inauguration brought together government and company representatives, highlighting Hyderabad’s growing role in the technology sector.

Those attending included:

  • Anudeep Durishetty, Joint Secretary, IT, Electronics and Communications Department, Government of Telangana
  • Manne Sateesh Kumar, Chairman, Telangana Technology Services
  • Henk Laracker, CEO, Planon
  • Kiran Madhunapantula, Statutory Director, Planon India
  • Radhika Reddy Gangarapu, Centre Head, Planon Hyderabad

Planon CEO Henk Laracker highlighted Hyderabad’s importance to the company’s global operations, particularly in research, development and operational activities.

Planon Hyderabad Centre Head Radhika Reddy Gangarapu also emphasised the city’s strong technology talent pool and its role in supporting the company’s global innovation goals.

Focus on Diversity and Inclusion

The company also highlighted its commitment to workplace diversity.

According to Planon, women represent more than 40% of its workforce in India. The company sees gender diversity as an important part of building an inclusive technology workforce.

What Planon’s Expansion Means for Hyderabad

The expansion adds to Hyderabad’s growing reputation as a destination for global technology and product development.

More Technology Opportunities

The expanded operations could support opportunities for professionals in software engineering, artificial intelligence, data science and product management.

Smart Building Innovation

Planon’s focus on connected and sustainable buildings aligns with the growing demand for energy-efficient and digitally managed workplaces.

Strengthening Hyderabad’s GCC Ecosystem

The expansion also reflects the broader growth of Global Capability Centres (GCCs) in Hyderabad. Increasingly, these centres are moving beyond traditional IT support to undertake product development, engineering, research and strategic functions.

Hyderabad’s Role in the Future of Smart Buildings

The demand for intelligent and sustainable buildings is increasing as organisations look for better ways to manage energy, space and workplace operations.

With its expanded Hyderabad facility, Planon aims to combine global technology development with Hyderabad’s growing pool of skilled professionals.

The investment further strengthens Hyderabad’s position as a hub for technology innovation and could contribute to the city’s expanding smart building and digital transformation ecosystem.

Octave Opens Global Technology and Innovation Centre in Hyderabad

Hyderabad: Octave Intelligence plc, a global provider of software for mission-critical facilities and infrastructure, has inaugurated its new Global Technology and Innovation Centre in Hyderabad, strengthening the city’s position as a hub for advanced technology and innovation.

The new centre is expected to become a key location for Octave’s global technology and innovation operations, supporting the company’s growing capabilities across software engineering, artificial intelligence, data, cloud computing and product development.

Telangana Minister for Information Technology, Electronics & Communications, Industries & Commerce and Legislative Affairs D. Sridhar Babu, along with Mattias Stenberg, Chief Executive Officer of Octave, and other senior company leaders, inaugurated the facility. Sai Krishna, IT Advisor to the Government of Telangana, was also present at the event.

The Hyderabad centre will function as a global technology and innovation hub, with teams working on advanced technologies and solutions that support Octave’s customers across international markets.

The facility will contribute to the development of technologies designed for industries operating complex assets and critical infrastructure. These solutions focus on delivering real-time intelligence and enabling data-driven decision-making in mission-critical environments.

With capabilities spanning artificial intelligence, data, cloud and software engineering, Octave’s Hyderabad centre is expected to play an important role in the company’s global innovation strategy while further expanding Hyderabad’s growing technology ecosystem.

Octave Opens Global Tech Innovation Centre in Hyderabad

Hyderabad’s reputation as a premier global hub for technology and innovation continues to strengthen, with another major multinational corporation making a significant commitment to the city. Octave Intelligence plc, a Nasdaq-listed technology leader, has officially inaugurated its new Global Technology and Innovation Centre in Hyderabad, spanning an impressive 2 lakh square feet.

Inaugurated by Telangana IT and Industries Minister D. Sridhar Babu, the new facility marks a major milestone in Octave’s global expansion and reinforces Hyderabad’s position as a top destination for Global Capability Centres (GCCs).

A Hub for Advanced Technology and Innovation

The new Hyderabad centre is designed to be a key technology and innovation hub for Octave on a global scale. Teams at the facility will focus on cutting-edge domains, including:

  • Software Engineering
  • Artificial Intelligence (AI) and Machine Learning
  • Data Analytics and Cloud Computing
  • Advanced Product Development

These capabilities will directly contribute to the development of technologies and solutions delivered to Octave’s global customer base, particularly in industries where complex assets and critical infrastructure require real-time intelligence and data-driven decision-making.

State-of-the-Art Facilities and Job Creation

Beyond its massive footprint, the facility features a dedicated Experience Centre, showcasing Octave’s latest innovations and capabilities to clients and partners.

The centre has already created significant employment opportunities, launching with a workforce of 1,600 employees. Reflecting its long-term commitment to the region, Octave plans to scale this headcount to 2,000 employees in the coming years, attracting top-tier tech talent from across India.

Leadership Perspectives on Hyderabad’s Growth

The expansion underscores the mutual benefits of Hyderabad’s thriving tech ecosystem and Octave’s global growth strategy.

D. Sridhar Babu, Telangana IT and Industries Minister, highlighted the state’s ongoing success in attracting global investments:

“The city is increasingly becoming the first choice for global firms to establish their Global Capability Centres (GCCs) and foray into India because of the engineering talent depth, specialised expertise, and stable ecosystem the city offers. Octave’s decision to establish this technology and innovation centre here is another strong endorsement of Hyderabad’s diverse and dynamic innovation ecosystems.”

He further noted the state’s aggressive growth trajectory: “We welcomed 75 new GCCs last year and are now targeting 100 more by next year. More importantly, in the last two years, the capabilities being built here are becoming increasingly diverse and sophisticated, spanning multiple sectors.”

Mattias Stenberg, CEO of Octave Intelligence, emphasized the strategic value of the new location:

“Octave’s global technology and innovation centre in Hyderabad is an exceptional location to continue the company’s next phase of growth.”

Strategic Context: Octave’s Global Footprint

Octave Intelligence plc came into existence following the 2025 spin-off of Hexagon AB’s Asset Lifecycle Intelligence and Safety, Infrastructure, and Geospatial divisions. Today, the company employs approximately 7,200 professionals across 45 countries, providing mission-critical software and data solutions to industries worldwide. The Hyderabad centre will play a pivotal role in driving the next wave of product innovation for this global workforce.

Looking Ahead

As the demand for AI-driven asset management and real-time industrial intelligence accelerates, Octave’s investment in Hyderabad ensures that the company remains at the forefront of technological advancement. For Hyderabad, this launch is yet another powerful validation of its world-class infrastructure, deep talent pool, and proactive government support, cementing its status as a cornerstone of the global digital economy.

Acumatica Opens New Global Capability Center in Hyderabad, Gearing Up for Major Hiring Push

Hyderabad’s reputation as a premier global technology hub continues to grow, with cloud-based ERP solutions provider Acumatica officially announcing the launch of its new Global Capability Center (GCC) in the city. The strategic move is designed to accelerate product innovation and serve as the core of the company’s growth engine in India.

Fueling Innovation and Regional Growth

Acumatica, a leading provider of cloud-based Enterprise Resource Planning (ERP) solutions for small and mid-sized businesses, has established the Hyderabad center to tap into the region’s world-class engineering talent.

The new GCC has kicked off operations with an initial team of 30 employees, but this is just the beginning. The company has announced aggressive plans to ramp up hiring in the coming months. While the initial focus is squarely on engineering and product development, Acumatica intends to expand the center’s scope into additional disciplines over time, supporting its continued regional and global growth.

A Strategic Global Footprint

The Hyderabad GCC is a significant addition to Acumatica’s expanding international footprint. It joins the company’s existing, well-established operations across the United States, Canada, Serbia, and Sri Lanka. By decentralizing its innovation hubs, Acumatica is positioning itself to deliver faster, more robust, and globally informed software solutions to its SMB clientele.

To ensure a seamless and scalable setup, Acumatica established the Hyderabad center in strategic partnership with ANSR and Summit Consulting Services, leveraging their deep expertise in building and managing high-performance global capability centers in India.

Leadership Perspective

Highlighting the strategic importance of this new facility, Miten Mehta, Chief Engineering Officer at Acumatica, noted that the Hyderabad GCC will act as the “core of the company’s growth engine in India.” This underscores the company’s long-term commitment to the region, viewing it not just as an outsourcing destination, but as a vital center for core product innovation and engineering excellence.

Why Hyderabad?

Hyderabad has consistently proven to be a magnet for global tech giants establishing GCCs. With its rich talent pool of software engineers, robust IT infrastructure, and a highly supportive state government ecosystem, the city offers the perfect environment for companies like Acumatica to scale their R&D and engineering operations efficiently.

Looking Ahead

As Acumatica ramps up its hiring and broadens the functional scope of its Hyderabad team, the new GCC is poised to play a pivotal role in shaping the next generation of cloud ERP technologies. For tech professionals in Hyderabad, this expansion represents an exciting wave of new, high-value career opportunities in a company that is actively redefining business management software for the modern era.