Andhra Pradesh - Hyderabad

Pegasystems opens R&D centre

HYDERABAD: Pegasystems Inc, a NASDAQ-listed business process management (BPM) software, opened a new facility here 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. Chief Minister Y. S. Rajasekhara Reddy unveiled the plaque marking the inauguration of the facility .

Addressing a press conference, 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, Virtusa. .

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