Pegasystems Expands Global Presence by Opening a New Research and Development Facility in Hyderabad, India
HYDERABAD, India –
November 18, 2008 – Pegasystems Inc. (NASDAQ: PEGA), the leader
in Business Process Management (BPM) software, today announced the opening of
a major research and development facility in Hyderabad, India. This office will
provide Pegasystems with a global research, development, and training footprint,
and will bring greater technology innovation in the BPM sector.
The new facility in Hyderabad will be a critical component in developing
Pegasystems’ BPM vision moving forward.
Pegasystems will employ highly skilled and experienced engineering talent
who will be tasked to explore the frontiers of BPM technology and bring new
ideas and concepts into Pegasystems’ products. Pegasystems has worked closely
with the city of Hyderabad and the state of Andra Pradesh on the opening of
this facility, and looks forward to the contribution this office will play in
the company’s global BPM initiatives.
“Pegasystems is creating a technology hub in Hyderabad that will match
our engineering facility at our headquarters in Cambridge, Massachusetts in
terms of staffing, skills, sophistication and innovation,” said Mike Pyle, Senior
Vice President of Engineering at Pegasystems. “This new research lab will grow
in capability and influence as we identify and onboard the top talent in our
key disciplines to help develop future enhancements of Pegasystems’ core BPM
“Pegasystems has had a foothold in India, specifically in Hyderabad, through
initiatives with partners since 2002,” said Suman Eadunuri, Managing Director
of Pegasystems India. “Based on the company’s great experience in Hyderabad, we
decided to invest in a direct presence in the region. Our office there will be a critical resource
in supporting the growth and adoption of BPM among all our partners and
“Pegasystems investment in Hyderabad reflects our belief that this
facility is ideally located in a region that provides a high level of skilled
and talented staff that can help drive and propel the next wave of innovation
in BPM software,” said Alan Trefler, Chairman and CEO of Pegasystems. “BPM
technology is poised to hit an adoption stride in the near future, and we see
the Hyderabad facility positioned to help us organizationally address the
growing global demand for BPM solutions.”
Pegasystems (NASDAQ: PEGA) develops strategic applications for marketing, sales, service, and operations. Pega’s applications streamline critical business operations, connect enterprises to their customers seamlessly in real-time across channels, and adapt to meet rapidly changing requirements. Pega’s Global 3000 customers include many of the world’s most sophisticated and successful enterprises. Pega’s applications, available in the cloud or on-premises, are built on its unified Pega 7 platform, which uses visual tools to easily extend and change applications to meet clients’ strategic business needs. Pega’s clients report that Pega gives them the fastest time to value, extremely rapid deployment, efficient re-use, and global scale. For more information, please visit us at www.pega.com.
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The information contained in this press release is not a commitment, promise, or legal obligation to deliver any material, code or functionality. The development, release and timing of any features or functionality described remains at the sole discretion of Pegasystems, Pegasystems specifically disclaims any liability with respect to this information.
Lisa Pintchman Rogers
VP, Corporate Communications
Director, Corporate Communications
Sr. Manager, Public Relations
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