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United News of India
6 days ago
- Business
- United News of India
California-based Evergent opens Global Value Centre in Hyderabad
Hyderabad, June 3 (UNI) Telangana IT Minister D. Sridhar Babu inaugurated the Global Value Centre (GVC) of Evergent Technologies, a California-based AI-powered SaaS leader in media, entertainment, and telecom, here on Tuesday. The company has established this centre as its strategic product and innovation hub. Evergent has already onboarded over 600 engineering and AI professionals in Hyderabad and plans to grow to over 1,000 employees by the end of 2025, strengthening its commitment to the region as a strategic innovation hub. The IT Minister, who met Evergent's senior leadership team, including CEO Vijay Sajja, discussed the company's growth plans and explored opportunities for deeper collaboration in innovation and talent development in Hyderabad. Speaking on the occasion, Sridhar Babu said 'Telangana is ready to contribute $1 trillion to India's economy over the next decade. The launch of Evergent's GVC is a reflection of this vision. This marks a shift towards building high-value IP and global products from Telangana, leveraging Hyderabad's deep tech talent and driving innovation at scale'. Vijay said 'Hyderabad's exceptional engineering talent is at the core of our innovation, developing world-class IP and managing over 920 million subscribers. This is driving our AI capabilities to deliver predictive, personalised solutions that help media and telco business grow and retain subscribers.' UNI KNR RN


Time of India
6 days ago
- Business
- Time of India
Evergent of US opens global value centre in Hyderabad with plans to hire 1,000 techies by 2025 end
HYDERABAD: California-based AI-powered SaaS solutions provider Evergent has opened its global value centre in Hyderabad. The company, which has already onboarded over 600 engineering and AI professionals in Hyderabad, plans to scale this up to over 1,000 employees by 2025 end. Inaugurating the new GVC, IT & industries minister Duddilla Sridhar Babu said Telangana is ready to contribute $1 trillion to India's economy over the next decade. 'To achieve this, we must shift from volume-led to value-led growth, by building strengths in high-impact areas like AI, semiconductors, defence, and deep-tech. The launch of Evergent's GVC is a reflection of this vision and marks a shift towards building high-value IP and global products from Telangana by leveraging Hyderabad's deep tech talent and driving innovation at scale,' the minister said. Evergent founder & CEO Vijay Sajja said though the company's global headquarters are in Sunnyvale, California, Hyderabad has been key to its success. 'We've combined the best of Silicon Valley and India to build mission-critical, AI-driven SaaS solutions that power monetisation for global media giants. Hyderabad's exceptional engineering talent is at the core of our innovation, developing world-class IP and managing over 920 million subscribers. This is driving our AI capabilities to deliver predictive, personalized solutions that help media and telco businesses grow and retain subscribers,' he said. Its platform, entirely built in India, has already helped onboard over 920 million subscribers worldwide on behalf of its clients, creating one of the industry's largest datasets for AI-driven business intelligence, it said. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now