Business
CORRECTION FROM SOURCE: Grid Dynamics Launches its First India Operations in Hyderabad
Key Takeaways:Grid Dynamics opens operations in Hyderabad, India, a hotbed of top-tier engineering talent and a robust business center for hyperscale
About this update from Grid Dynamics Holdings, Inc.
[{"type":"text","content":"Key Takeaways:Grid Dynamics opens operations in Hyderabad, India, a hotbed of top-tier engineering talent and a robust business center for hyperscale technology providers and financial services companiesThe company plans to hire 1,000 new employees in India by the end of 2022Hyderabad is an ideal location with a concentration of skilled talent, modern collaborative workspaces, and easy access to data and platform engineering specialists for Fortune-1000 clientsGrid Dynamics will establish forums such as Women Leaders in Technology to encourage diversity and a concentration of prominent women engineers and data scientistsSAN RAMON, CA / ACCESSWIRE / May 11, 2022 / Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) (Grid Dynamics), a leader in enterprise-level digital transformation services and solutions, announced today the opening of Grid Dynamics India as part of its ongoing global expansion efforts. Located in Hyderabad, a hub for engineering and business innovation in India, Grid Dynamics' newest operational center is expected to ultimately employ 1,000 top-tier engineering talent from the region by the end of 2022.\"Establishing Grid Dynamics India gives us access to an exponential, broadly diverse talent pool and enables our scaling efforts as a public company,\" said Leonard Livschitz, CEO of Grid Dynamics. \"The Hyderabad location, with modern, class-A workspaces and a concentration of highly skilled and educated engineers will be a key contributor to our ongoing growth and help strengthen shareholder value. We are excited to further deepen our design thinking and agile development prowess, and ability to solve complex problems for Fortune 1000 customers.\"Minister for IT, Mr. K. T. Rama Rao said that \"Hyderabad continuing to attract multinational companies is a testimony to the able and stable government that Telangana has, the excellent infrastructure the city offers, and the availability of abundant talent. We thank Leonard Livschitz, the CEO for imposing the faith in us. We are sure that the Hyderabad center will exceed all its growth estimates and becomes a key driver for the growth globally.\"Leonard Livschitz the CEO of Grid Dynamics along with Rajeev Sharma; CTO, Vadim Kozyrkov; SVP Delivery, Rahul Bindlish; VP Sales & Partnerships and Oksana Livschitz Director, Learning & Development met with Minister for IT and Indust...