Pegasystems Expands India Presence
New facility in Hyderabad triples capacity to accommodate growth and address market demand
Hyderabad, December 17, 2014 – Pegasystems Inc. (NASDAQ:PEGA), the software company powering the digital enterprise, today announced it is moving to a significantly larger campus at the heart of the IT Park Raheja Mindspace at Hitec City in Hyderabad that will allow the company to expand to accommodate the increasing global demand for Pega developers.
The new 300,000 sq. ft. facility, launched with a ribbon-cutting ceremony today, will house nearly 1,000 employees and triples the square footage over the DLF Building in Gachibowli where the company was previously located. The new office has the capacity to accommodate up to 2,000 employees and is designed in the theme of Hyderabad Heritage, giving it a royal look.
Pega opened its research and development centre in Hyderabad in 2008 and since then has been growing steadily along with the global demand for Pega software and Pega developers. The local facility has been instrumental in delivering strategic functions such as engineering services, solutions development and customer support, including global cloud support.
Quotes & Commentary:
“Pega’s growth in India has been consistently strong, fueled by increasing demand for our software,” said Mike Pyle, Senior Vice President of Engineering and Product Development, Pegasystems. “This expansion demonstrates the commitment we have to India and to Hyderabad, which was our first location in India, and continues to be a vibrant centre for future growth here.”
“Our team here is instrumental in helping us drive the next wave of digital innovation to empower the world’s largest organizations,” said Mr. Suman Reddy, Managing Director, Pegasystems India. “We have and will continue to benefit from the amazing talent in Hyderabad and Bangalore that has helped us consistently achieve our goals and deliver for our clients.”
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
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