Mphasis expands footprint in Hyderabad with the inauguration of a new center

Broadens capabilities into next-gen services in addition to Governance, Risk and Compliance

Hyderabad, India, September 29, 2019 :  Mphasis, an Information Technology solutions provider specializing in cloud and cognitive services, announced the expansion of its Hyderabad footprint with the inauguration of its new facility. Further to the success of the Cognitive Hub for Risk and Compliance that was set up in August 2016, this new center will help build on the work we do across verticals and a wide spectrum of next-gen technologies.

Highlights of Mphasis Hyderabad:

• Has grown 3x in the past three years; building on its strength in the financial servicesis now expanding across Logistics and Real Estate

• Expanding on Mphasis NextLabs, this center is increasingly embarking on transformational projects helping global enterprises accelerate business outcomes

• Aimed at attracting and developing niche technology talent with capabilities including Data analytics, AI/ML, React and Java technologies.

KT Rama Rao, Minister for IT, Industries MA & UD, Govt. of Telangana said, “Telangana has always endeavored to promote progress and development, by encouraging investment in key sectors such as Information Technology. As a state, we continue to welcome interest from innovators globally to capitalize on the available tech talent in the city. I had the privilege of inaugurating the Mphasis maiden facility back in 2016 and am immensely pleased to see them expand base here”.

“Hyderabad is fast emerging as the leading center for tech opportunities with its large pool of skilled talent. I would like to take this opportunity to thank the IT minister for helping us set the foundation three years ago and for his continued interest in Mphasis’ growth,” said Nitin Rakesh, Chief Executive Officer and Director, Mphasis.