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Tag: #SoftwareEngineering

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.