CyberArk makes use of Indian talents; opens up major R&D centre in Hyderabad
Digital Edge Bureau 01 Mar, 2023 0 comment(s)CyberArk, the leading player in the identity security space, has embarked on expanding its global footprints by establishing a major R&D facility at Hyderabad. In fact, this is CyberArk’s largest concentration of R&D resources outside of Israel, and will be a key contributor to further accelerating the development and delivery of solutions focused on protecting organizations from cyberattacks that target identities and their access to high-value resources. Identity security has emerged as a foundational component of Zero Trust strategies and is critical to supporting cyber-resilient enterprises.
“The opening of the R&D centre in India aligns with CyberArk’s vision to deliver the world’s most advanced identity security platform,” said Peretz Regev, Chief Product Officer at CyberArk. “With attackers adopting more sophisticated methods, securing identities has become a crucial component of cybersecurity. Our new facility in Hyderabad supports our commitment to providing innovative identity-centric cybersecurity solutions for organizations globally,” elaborated Regev.
Shri KT Rama Rao, Hon’ble Minister of Municipal Administration and Urban Development, Industries & Commerce, and Information Technology, Government of Telangana said, “I’m pleased to note that CyberArk has chosen Hyderabad for establishing a significant R&D resource. The Telangana government is committed to providing the best infrastructure and developing a talent base so that companies find it ideal to establish their development centres here.”
“The decision to locate our new facility in Hyderabad was strategic,” said Rohan Vaidya, Regional Sales Director, India at CyberArk. “India is a growing market for CyberArk and, on a macro level, one of the fastest-developing economies in the world, with a vast pool of skilled resources. Our new facility in Hyderabad will allow us to further improve our response to and support for our customers and partners in India. It’s an investment for our global customer base and also part of our increased commitment to the market in India,” added Vaidya.
In addition to product management and R&D teams, the facility also houses the company’s centre of excellence for marketing, as well as functions such as professional services and technical support. There’re currently about 200 employees at the facility, with plans to gradually increase headcount.