The facility, spread across 1,40,000 square feet, is now NCR's largest R&D centre outside of the US, as per a statement issued by the ATM maker.
This modern R&D centre will help extend NCR's leadership in omni-channel solutions and to create innovative products and platforms for channel transformation and digital enablement, it said.
The facility to house over 1200 employees was inaugurated by the NCR global leadership team including Paul Langenbahn, Executive Vice President, NCR Software.
"Changes in consumer behaviour continue to be rapid, disruptive, and driven by technology transformation. NCR, being a world leader in consumer transaction technologies, is strategically positioned to deliver innovations to meet demands of millennials and other key demographics.
NCR Corporation Chief Technology Officer Eli Rosner said this centre will enable the company to provide its customers around the world with omni-channel solutions that address real-life business problems.
NCR's Hyderabad R&D center will be developing and supporting innovative software and services that global institutions use to empower consumers through self-service applications while it is responsible for a host of innovations including the Interactive Teller ATM, EMV contact-less ATM, mobile payments solutions, retail self-checkout lanes, CRM platforms, cinema and stadium systems management solutions, among others, the statement added.