HYDERABAD: Global leader in Identity Security, CyberArk opened its new Research and Development (R&D) facility in Hyderabad on Thursday and with an aim to further expand its worldwide resources from the new facility.
The facility launched in Hyderabad is the company’s largest R&D centre outside Israel and it will be a key contributor to the development and delivery of solutions focused on protecting organizations from cyberattacks that target identities and their access to high-value resources.
"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.
“Our new facility in Hyderabad supports our commitment to providing innovative identity-centric cybersecurity solutions for organizations globally," he added.
Speaking at the inauguration, Industries and Commerce and Information Technology minister K.T. Rama Rao noted that there have been several large American companied having their centers outside of USA in Hyderabad and that it was the first time and Israeli company has come to the city to set up one of its largest centers.
"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," he added.
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 are currently about 200 employees at the facility, with plans to gradually increase headcount.
