Progress Software India, a leading global software provider of infrastructure software products, has inaugurated its new facility in Hyderabad at iLabs Campus, Madhapur.
Inaugurating the new facility, Mr Peter Sliwkowski, Member of the Executive Team, Progress Software Corporation, said, “Our India development centre intends to take the lead in the technology space to increasingly play a strategic and critical role in the overall Progress product engineering. Progress Software India is now driving the new product definition and development towards integrating the tools in the Progress product portfolio”.
Progress Software India plans to grow by about 50% in the next two years with over $10 million that have been invested in the Hyderabad facility over the last five years. It is organized around Centres of Expertise (COE) for technology horizontals that specialise in a specific technology working on multiple product lines and leveraging the shared expertise, insights and scale.
