Innovapptive to expand Hyderabad operations
The company plans to add 100 employees
in 2019 and close to 1,000 people in the next 2-3 years.
Hyderabad: US-based Innovapptive
Global Solutions, which provides connected workforce platform for executives,
industrial workers and back office personnel, is planning to expand its global
delivery centre in Hyderabad. The company plans to add 100 employees in 2019
and close to 1,000 people in the next 2-3 years.
The Hyderabad centre currently has
developers and product architects. The additional work force that will be added
in the coming years will be mostly from internet of things (IoT), machine
learning and other upcoming technology backgrounds.
The company has been primarily into
enterprise digital solutions taking care of enterprise asset management, supply
chain management in IT, Finance and HR space. The solutions connect assets,
inventory, industrial worker with back office staff by bridging the gap between
them by improving operational efficiency, production capacities and reduce
plant outages to improve productivity and profits. The company wants to be a
global leader in mobile workforce management space.
Sharing the company’s growth plans,
Abhishek Parkala, VP, Global Operations, told Telangana Today, “Hyderabad
centre has been responsible for research and development, product engineering
and solutions development. Most of our clients are in North America, Europe,
Australia and New Zealand. From 2019 onwards, we intend to serve India as well.”
He added, “We are planning to set up a
small development centre in Bengaluru this year with about 15-20 people
concentrating on emerging technologies with an intent to integrate them to our
existing solutions. Connected workforce platform helps users to create
applications that suit them quickly, saving a lot of time.”
The company which was started in 2012
in Houston with two ex-IBM technology professionals has grown to 200-people
company now, of which 140 operate in the global delivery centre in Hyderabad.
The company has offices in the Houston (US), Amsterdam, Australia and Hyderabad.
Innovapptive has clocked revenues of
$15 million in 2018 and aims to take this to $35 million in 2019. It is going
to earn $10 million through SaaS out of the $35 million revenue target.
Abhishek said, “The company has
invested $10 million in Hyderabad operations since 2012. We are planning to
invest $1 million in new development centre in Bengaluru and a major portion of
future investments will happen in Hyderabad.”
Manoj Kunta, VP, Field Technology
(India), said, “We provide solutions to oil and gas, energy and utilities
space. We want to foray into new sectors for connected workforce solutions.
Shell is one of our major customers. We are also serving several large mining,
oil and gas and utility companies. We are going to roll out subscription models
and software as a service (Saas) offerings.”
He adds, “We are seeing technology talent availability in Telangana. With the skill sets available here, most of the future growth will happen in Hyderabad.”
The company is moving to a new premise
with 300-seater capacity in Hyderabad on March 25 to accommodate additional
team it is creating.
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