US-based product development company “WorkFusion” launched in Hyd
Hyderabad, Oct.11 (NSS): The launch of WorkFusion a US-based product development organization took place at Le Meridien Hotel Gachibowli today.
Jayesh Ranjan, Principal Secretary for IT & Industries attended the event and congratulated team WorkFusion, He stated that some 10 to 15 years ago many global organizations initially set up their operations in Hyderabad for testing waters, but eventually they gained confidence and started expanding their teams and investments. He also mentioned that BFSI (Banking, Financial Services, and Insurance) space has enormously increased in Hyderabad contributing 1/3rd of the total Indian BFSI industry. The Government practices, growing infrastructure, support in regulatory issues discipline, and sensibility to deliverables, innovation, and digital transformation have attracted many global players and did bring change to the Phase of IT investments in Hyderabad.
He also said that the Govt of Telangana witnessed steady growth in IT, contributing 1/3rd of its share in the Indian IT industry has a major workforce of 1,50,000. He invited the management of WorkFusion to jointly work with the BFSI consortium, and TASK in skill development & Artificial Intelligence initiatives.
Jayesh also emphasized having WorkFusion partnered with the new center of excellence created by Govt of Telangana in association with Nasscom towards enabling Artificial Intelligence in various departments.
On this occasion Adam Famularo, Chief Executive Officer(CEO), WorkFusion said that the company has employed around 100 professionals in Artificial Intelligence, Cloud computing, and major IT technologies, The organization is committed to giving employment to around 500 professionals in Hyderabad in a coming couple of years.
Alexy Vitashkevich, Chief Customer Officer(CCO) of the company said that Hyderabad is a promising place for software companies to launch and set up their research and development centers. Mr.Aswanth Goka Head of HR of the company mentioned that the company is committed to absorbing eligible talents and working on keeping up the brand Telangana in the global arena.
WorkFusion opened its 200-seater office in the Aurobindo facility in Hitech City today. (NSS)
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