Pegasystems Inc opens R&D centre in Hyderabad
Pegasystems Inc, NASDAQ-listed business process management (BPM) software major, opened a new R & D facility in Hyderabad at the DLF Cybercity at Gachibowli, investing US $ 5 million.
The company, which opened its Research and Development centre in the city last year with 40 professionals, will recruit 100 highly skilled engineers immediately.
The founder-CEO of Pegasystems, Alan Trefler said that the company’s partners across the globe would earn US $ 800 million through billing based on Pegasystems software in the next one year. Almost half of that would be earned by Indian partners like Satyam, Cognizant Technologies and Virtusa.