Infrastructure software provider Progress Software limited, a subsidiary of US-based $500-million Progress Software Corporation, expanded its India operations by opening a new facility in Hyderabad.
Spread over an area of 13,000 sft, the new facility will house 86 engineers, taking Progress Software’s total workforce in its India development centre at Hyderabad to 250. The company employs 1,800 globally. It has invested $10 million (approximately Rs 48 crore) in its Hyderabad facility over the last five years.
“Our India development centre intends to take the lead in the technology space to increasingly play a strategic and critical role in our overall product engineering. Progress Software India is now driving the new product definition and development towards integrating the tools in our product portfolio,” Peter Silwkowski, global vice-president (products), told mediapersons here on Thursday.
Ramesh Loganathan, managing director and vice-president (products), Progress Software India, said the company had doubled its headcount at Hyderabad in the last 18 months and intended to grow its operations by 30 per cent by adding 45 more engineers by the end of next year.
