Business · Companies · 2 hrs ago

SplashBI opens Hyderabad centre, plans $100 million investment

SplashBI opens Hyderabad centre, plans $100 million investment

SplashBI has opened a global capability centre in Hyderabad, bringing its teams in the city together.

The US-headquartered company says it will invest $100 million over five to seven years in infrastructure, technology and talent.

The 20,000-square-foot centre is expected to create 275 jobs.

Global capability centres handle work for companies around the world, and Hyderabad is home to 515 of them, employing more than 300,000 people, according to Telangana’s IT and Industries Minister D. Sridhar Babu.

The state wants to attract 100 more next year and encourage these centres to do more product development, research and innovation.

SplashBI has also earmarked $4 million for an AI data centre, while the government is seeking to expand the sector’s work in areas such as artificial intelligence and cybersecurity.

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