Despite the current uncertain economic situation, Nasdaq-listed CA is making an investment of $30 million in its Hyderabad R&D center – the India Technology Center (ITC).
The company has constructed a new 180,000 square foot building on the CA campus in Hyderabad. When completed in late 2010, the new $30 million research and development (R&D) building will have the capacity to house an additional 1,000 employees.
?As the world?s leading independent IT management software company, CA relies on a vibrant and diverse workforce with major sites around the world,? said Ajei Gopal, executive vice president of CA?s Enterprise IT Management group said while addressing the media.
The ITC is one of CA?s largest locations and is essential to CA?s continued ability to deliver industry-leading solutions to our customers. With this new building, the company would be able to accommodate anticipated growth in its R&D, technical support, IT infrastructure management, applications development and professional services teams.
Opened a year ago after four years of CA R&D activity in India, the ITC now contributes to the development of all major CA products in the areas of IT management, governance and security. The ITC team plays a central role in applying CA?s Enterprise IT Management (EITM) vision to unifying and simplifying IT management for customers and partners all over the world, developing innovative solutions to govern, manage and secure IT environments.
The new building will take the ITC footprint to some 440,672 square feet and reinforces the facility?s stature as a role model IT campus. Currently, CA has about 1,600 employees at the ITC. According to Lokesh Jindal, senior vice president and general manager of CA?s ITC, work carried out at the ITC is critical to CA operations around the world. The company has already filed 15 new ideas to CA?s patent office and six have been cleared, he added.