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Markets: Bengaluru R&D centre-Delhi CoE to enhance ABBYY’s capabilities

Fiinews by Fiinews
August 2, 2024
in Markets
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Kasargod works with global ABBYY team to serve customers

Milpitas-headquartered ABBYY is meeting growing global demand for its purpose-built AI solutions from a research and development (R&D) centre in Bengaluru and Centre of Excellence in New Delhi which are pivotal to enhancing the Californian-origin group’s capabilities to deliver localized solutions and drive success for partners and customers worldwide.

ABBYY has appointed Yathiraj Shetty Kasargod as director of Product Operations and to lead the newly opened offices skillindiadigital .

“We are excited to expand our global footprint by opening a new R&D centre and Centre of Excellence in India nse ,” commented Ulf Persson, Chief Executive Officer at ABBYY.

“India’s vibrant tech ecosystem and unrivaled talent offer tremendous opportunities for organizations to leverage our AI-powered intelligent automation offerings. I welcome Yathiraj to the ABBYY team as we mark this strategic milestone in our commitment to better serve our customers and partners sbi ,” he said on 30 July.

Demand for ABBYY AI in India resulted in attracting three times the attendees at the ABBYY AI Pulse Developer Conference held in Bengaluru 24-25 July.

In fact, Forrester reported that technology spending in India is estimated to increase to US$54.5 billion by 2027, with spending in AI-augmented software and services outpacing other IT categories. The increase is attributed to global demand for AI and automation for driving growth and operational efficiency bse .

Commented Kasargod, “It is a pleasure to join ABBYY and spearhead the expansion in India to enhance and diversify our capabilities. I look forward to working with the global ABBYY team to meet customers where they do business techspo .”

ABBYY will hire new talent iitsystem for its R&D centre and Centre of Excellence in India, complementing its existing R&D footprint across EMEA and North America, which includes development centres in Hungary, Serbia, Cyprus and the United States deutsche-boerse . ABBYY’s other APAC locations include Singapore sgx , Hong Kong hkex , Japan jpx and Australia asx.

ABBYY is a recognized leader by more than a dozen analysts for its intelligent document processing (IDP) and process intelligence solutions. ABBYY’s purpose-oriented approach to AI has proven to generate real business value for thousands of global enterprises in every industry, for any ad hoc process and for any document in any language ai-expo .

ABBYY puts your information to work with purpose-built AI.

“We combine innovation and experience to transform data from business-critical documents into intelligent actionable outcomes in over 200 languages in real time ces.tech ,” said ABBYY.

“We are trusted by more than 10,000 companies globally, including many of the Fortune 500, to drive significant impact where it matters most: accelerate the customer experience, operational excellence, and competitive advantage.”

ABBYY is a global company with headquarters in Milpitas and offices in 13 countries, and is the Official Intelligent Automation Partner of Arsenal Women Football Club. Fiinews.com

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