Addverb Technologies expands and inaugurates a software development center in Pune
Addverb Technologies strengthens its presence in India with the inauguration of its new Software Development Center (SDC) in Pune. The center will be based at Panchshil Business Park at Balewadi High Street.
The new office follows the recent opening of the world’s largest robot manufacturing facility in India and after receiving $132 million in funding from Reliance Industries. The center will help Addverb improve its distribution network and provide innovative software solutions to its customers in the field of robotics and automation.
The launch of the new center is part of the company’s vision to become the largest robot manufacturer in the world, which will provide capacity for new growth opportunities. The business will begin by housing 120 people and by the end of FY23, plans to employ an additional 180 people.
The new center will include software development, IT support, IT infrastructure, automation, marketing and business development teams. With this office, coupled with its vision and growth, Addverb will open new employment opportunities for local talent and curb economic growth in the region.
The company has operations in Singapore, Australia, the Netherlands and the United States and directly and indirectly employs over 2,000 people in India. Greater Noida will soon be home to one of the largest robotic manufacturing facilities in the world, adding 3,000 direct and indirect job opportunities. Addverb has a world-class manufacturing facility, R&D center and experience center called Bot Valley which currently employs around 800 people.
Commenting on the inauguration, Mr. Satish Shukla, Co-Founder of Addverb Technologies, said, “Pune is a strategic choice for the new SDC as it is a manufacturing and warehousing hub and is close to Mumbai, which is the hub of big business. . This will help improve our service network in South and West India. It is also a quality base for engineering and management schools, which would help us tap into local talent working on technologies such as AI, ML and cloud. The office would also be able to support fellow Addverbians who are looking for location flexibility. This center will provide a wide range of software solutions to our customers around the world and will also help us drive innovation.
The company plans to further strengthen its position in the country after successfully achieving a fiscal 21-22 in the United States with annual sales of $40 million in revenue. Pune is an established technology hub with highly skilled software professionals, and with an increased presence in Pune through this office, Addverb will be able to attract this pool of talent from distributed engineering and management institutions. throughout Western India. The SDC will play a critical role in delivering digital platforms that will power robotics and automation solutions to global customers.