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Host Analytics Expands R&D Presence in India
Host Analytics plans to double the size of its R&D center in Hyderabad, India, and plans to scale up its engineering workforce and invest $25M in the center over the next three years.
Host Analytics, the leading provider of scalable, cloud-based enterprise performance management (EPM) solutions, today announced that it has signed a lease to more than double the size of its Hyderabad research and development (R&D) center located in the southern Indian state of Telangana. The larger space will accommodate the company’s continued expansion plans—investing USD $25 million in the center and scaling up its engineering workforce over the next three years, respectively.
Located at 18 iLabs Centre, Building 3, Madhapur, Hyderabad, the 30,000-square-foot R&D facility will provide increased capacity for engineering, product testing, research and development. The expansion will also support the company’s growing portfolio of partners and customers in the region.
“Because Host Analytics was founded simultaneously in India and the U.S., our long history in Hyderabad and the dynamic business environment that has emerged in recent years make expansion in the region a strategic imperative in the next phase of product engineering growth,” said Dave Kellogg, CEO of Host Analytics. “This announcement demonstrates the success we’ve seen already, our continued commitment to India, and the company’s distributed R&D strategy moving forward.”
Host Analytics currently employs more than 150 R&D personnel in Hyderabad which includes top engineering and development talent for cloud EPM software. This talent covers major disciplines ranging from UX and UI, software development, product management, performance engineering, quality assurance, technical operations, customer support, and professional services.
“We have a very talented team in Hyderabad with a strong culture of innovative collaboration and engineering excellence,” said Sanjay Vyas, SVP of Engineering and TechOps at Host Analytics. “We combine Silicon Valley best practices—such as agile development, advanced tools, and periodic hackathons—with top-quality hires, including a team member who achieved 64th place out of 206,000 entrants in the TechGig Code Gladiators 2017 contest, to drive amazing results out of this center.”
The company intends to scale-up its engineering workforce and will recruit more than 150 professionals with R&D and design expertise in cloud EPM, hiring across technology, design and operational roles with new workforce entrants from top engineering schools such as IIIT, IIT, and BITS.
Industry Accolades Support Product Excellence and R&D Expansion
Host Analytics has earned recognition for its market leadership and product excellence from several IT industry analyst firms over the past three months, highlighting the company’s technical innovation and the vision that the R&D facility will continue to develop. This includes being named by Nucleus Research as a Leader in their CPM Value Matrix, and being recognized by Dresner Advisory with an Industry Excellence Award and as an Overall Experience Leader in their Wisdom of Crowds Enterprise Planning Market Study. Host Analytics was also recognized by Gartner as a Leader in two Magic Quadrants for Cloud Financial and Cloud Strategic Corporate Performance Management. And most recently, the company was named to the Constellation ShortListTM for Cloud-Based Performance Management.
About Enterprise Performance Management
Enterprise performance management (EPM) is a set of processes and software designed to help organizations achieve peak performance by linking strategies to plans and execution. The key processes it includes are planning, consolidation, and reporting of results to internal and external stakeholders. Managing a closed-loop process like EPM can be challenging when organizations are relying on spreadsheets and manual processes. However, with a cloud-based EPM platform organizations can automate key tasks, accelerate financial processes and better align finance with operations. The result is an organization that moves faster, adapts quickly, and stays ahead of the competition.
About Host Analytics
Host Analytics is the industry’s leading provider of scalable, cloud-based enterprise performance management (EPM) solutions. Companies of all sizes, from $10 million startups to $10 billion multi-nationals, rely on Host Analytics to provide financial planning, budgeting, modeling, consolidations, and reporting. Host Analytics has 700 customers in 90 countries including Bose, Boston Red Sox, FitBit, La-Z-Boy, Mayo Clinic, NPR, OpenTable, Peet’s Coffee & Tea, Pinterest, Swissport, TOMS Shoes, and Vitamin Shoppe. Host Analytics is a private company backed by leading venture capitalists and is headquartered in Silicon Valley.
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