Software solutions company, Pegasystems India has announced plans to increase the employee count at its Hyderabad facility here to 600 by this year end.
The company has expanded the infrastructure capacity at the facility here by adding another 40,000 sq. ft to the existing 50,000 sq.ft.
This would take the overall seating capacity of Hyderabad operations to 600.
Pegasystems India’s managing director Suman Reddy told reporters here on Tuesday that the employee count globally was over 2,000 with the city facility employing 501 of them.
He said the centre here has been delivering multiple strategic functions like R&D, engineering services, industry solutions framework and customer support.
Replying to a question, Mr. Reddy said that he did not foresee any problem for US-based IT companies to outsource jobs to India as the salaries would be three to four times less here compared to the US. Besides, finding talent has become quite difficult in the United States.
Low attrition rate
He said the company experienced a low attrition level at 10-15 per cent in India as against 20 per cent in the industry.
He said that Accenture, Wipro, TCS, Cognizant and Mahindra Satyam were among its key partners in India.
Mr. Reddy said the economic slowdown had not affected the company as the global expansion strategy helped it grow.
