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)
Next Story :
-
US And India Reach New Heights In Education Cooperation
![US And India Reach New Heights In Education Cooperation]()
Delhi/Hyderabad, Nov 18, (Maxim News): The United States and India share a longstanding relationship in the field of education and continue to work together on a wide range of initiatives, from early childhood education to promoting two-way student mobility at both the undergraduate and graduate levels.
-
Lagacharla Violence | Harassment On STs Will Not Be Tolerated: National SC And ST Commission Warns
![Lagacharla Violence | Harassment On STs Will Not Be Tolerated: National SC And ST Commission Warns]()
Hyderabad, Nov 18 (Maxim News): Keeping in view that there was an attack on the Collector and Officials who went to take the public opinion for the acquisition of land by a pharma company in Lagacharla in Vikarabad district. The police have already arrested many of those involved in this incident.
-
Center Given Clearance For Kothagudem And Ramagundam Airports: Venkat Reddy
![Center Given Clearance For Kothagudem And Ramagundam Airports: Venkat Reddy]()
Hyderabad, Nov 18 (Maxim News): Minister Komatireddy Venkat Reddy said that the line from the center has been cleared for the Kothagudem and Ramagundam airports. He said that the Center has agreed to the expansion of Hyderabad-Warangal roads, Komatireddy said that the flyover works till Narapalli will be completed soon.
-
WATCH | Explosion Near Parja Pathi Temple In Hyderabad
![WATCH | Explosion Near Parja Pathi Temple In Hyderabad]()
Hyderabad, Nov 18 (Maxim News): Another explosion occurred in Hyderabad. Recently, there was a huge fire in the Telangana spicy Kitchenette restaurant located at Jubilee Hills Road No. 1 when the fridge compressor exploded. In this incident, a house near the restaurant was destroyed and a woman was seriously injured. Less than a week after this incident, another explosion occurred.
-
Lagacharla Violence: BJP MPs Detained, High Tension In Moinabad
![Lagacharla Violence: BJP MPs Detained, High Tension In Moinabad]()
Hyderabad, Nov 18 (Maxim News): BJP MPs D.K. Aruna, Etala Rajender and BJLP leader A. Maheshwara Reddy was arrested by the police when they were going to visit the displaced people of Lagacharla.
Now you can get latest stories from Indtoday on Telegram everyday. Click the link to subscribe. Click to follow Indtoday Facebook page and Twitter and on Instagram. For all the latest Hyderabad News updates
