Pega opens R&D centre in Hyderabad

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Hyderabad, Nov 18 : Unperturbed by the recent financial crisis, Nasdaq-listed Pegasystems Inc, is planning an investment of $200 million over the next five years in its R&D centre in Hyderabad. Till date, the company has invested about $5 million for the captive centre which is a research lab to influence new innovations.

Speaking to media, Suman Eadunuri, MD said that the new facility would play a critical role in developing Pegasystems’ business process management (BPM) software. The centre would provide a global research, development and training footprint besides bringing in greater technology innovation.

The company is claimed to be a leader in BPM which provides software to drive revenue growth, productivity and agility with its SmartBPM suite software. The suite layers process modeling, analysis, process simulation, manages content and cash. With the proprietary suite in place, the company plans to hire over 100 engineers in the next one year for new business opportunities.

Besides, the centre would also take up design and delivery of major product enhancement as well. As part of its future plans, the company plans to expand by offering professional services, customer relation management, marketing support, business development and sales support management.

With the global meltdown, the company is hoping to find increasing BPM investments and incidentally, it has reported a 44% increase in its sales during the third quarter.