Hyderabad: IT and Industries Minister K.T. Rama Rao continues his quest to usher in more investments into Telangana by touring the US. After a whirlwind activity in New York, he held successive meetings with companies from various sectors, in Washington DC.
ZapCom Group to set up Center of Excellence in Hyderabad
ZapCom Group Inc, a US-based product engineering and solutions company, has chosen Hyderabad as the location to establish a Center of Excellence (CoE) specializing in AI and NLP driven products for the travel and hospitality, fintech, and retail sectors.
ZapCom's presence is spread across the United States (California, Texas, and Florida), Central America, and India. The proposed CoE in Hyderabad will initially employ 500, expanding to 1,000+ within a year.
This decision was announced following a meeting between the leadership team of ZapCom, led by its Founder and CEO Kishore Pallamreddy with Minister K.T. Rama Rao in Washington DC.
3M Health Information Systems and ECLAT Health Solutions
3M Health Information Systems (HIS), a world-renowned leader in healthcare transformation and ECLAT Health Solutions, a leading provider in healthcare support services have signed an agreement allowing ECLAT to provide medical coding and clinical documentation services to 3M customers.
As a result of this partnership, ECLAT has decided to establish a dedicated operations center in Karimnagar, Telangana employing about 100 people in the near term with a potential to grow to 200 people.
The announcement was made after the leadership team of 3M and ECLAT Health Solutions met with Minister K.T. Rama Rao in Washington DC.
For nearly 40 years, 3M HIS has developed and refined health care classification and payment methodologies to help 18 nations increase access to quality care, control costs, and analyze reliable performance metrics.
Additional opportunities for collaboration between Government of Telangana and 3M & ECLAT including improvement in healthcare delivery, technology platforms for population health, medical devices R&D and manufacturing were also discussed during the meeting.
“Eclat has an established presence in Karimnagar providing medical coding and related technology services. The Karimnagar center has delivered some high end work to several large clients. It is not only cost effective but also provides employment for the women and rural youth who are hungry to perform well. We are proud of our diversity and the 3M partnership will further our growth here,” said Karthik Polsani, Group CEO and Founder of ECLAT Health Solutions.
“We are excited with the vision of the Telangana Government to promote life sciences and healthcare, and we are looking forward to collaboration with them. As a first step towards this collaboration, we are happy that a delivery hub will be established through our strategic partner Eclat Health in Karimnagar, Telangana,” said Sandeep Wadhwa, MD, Global CMO, 3M HIS.
