Pegasytems plans India expansion
HYDERABAD: Pegasytems which has about 870 employees in India at present is planning to bring this number to 1,000 employees. The company has centres in Hyderabad and Bangalore.
It sees opportunities in scaling up its presence. The company which clocked $509 million last fiscal is expecting to touch $580 million. With Bangalore being the new centre, though the company is not looking at setting up new centres in India, it is planning to consolidate its operations in the places it currently operates.
The company is also open to acquisitions if they add value. The company acquired two companies-Antenna Software and Mesh Labs. The company covers banking, telecom, oil and gas and other sectors. The company recently entered into Japan, and is keen to tap opportunities in Hong Kong and Singapore. North America still is a key geographic market for the company.
Pegasystems will conduct its second annual Pega Developers Conference (PDC) at the Hyderabad International Convention Center (HICC) on October 12 and 13, 2014. PDC 2014 is focused on demonstrating the opportunities Pega technology offers to encourage more developers to become certified Pega developers.
This year, approximately 3,000 developers from around the world are expected to register for the conference. The first Pega Developers Conference, held last year, was designed to meet the demand for knowledge sharing among the nearly 12,000 Pegasystems designers and developers in India.
It brought together more than 1700 Pega-certified developers from more than 50 of the world's largest organisations. Following the success of last year's conference, this year's event has been expanded to include the entire developer community.
The two-day event will provide attendees with an overview of Pegasystems technology as well as hands-on experience with many Pega applications.
Attendees will benefit from learning about implementation best practices as well as participating in hands-on training sessions and workshops offered by Pegasystems' most senior technical architects and engineers.
K T Rama Rao, minister of IT & Panchayati Raj, Govt. of Telangana said, 'It is a matter of great pride for the state and the city to be hosting a world class forum like the Pega developers conference for the second consecutive year.
The Telangana government is pleased to extend its support to Pegasystems for hosting and nurturing this prestigious one-of-a-kind conference. Events of this stature will play a key role in restoring business confidence and give a boost to Brand Hyderabad as one of the largest IT Hubs in the country.'
Suman Reddy, MD of Pegasystems India said, 'This year's PDC is not only designed to be larger in scale, but will also offer the broader developer community access and insight into the latest advancements in Pega technology.
The conference will address some of today's most critical areas of technology enablement including social, mobile, cloud, data analytics and the Internet of Things. Attendees will benefit from hands-on experience to make the most of knowledge-enhancing sessions.'
News Posted: 13 August, 2014
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