Host Analytics invests $25 million into research and development
Host Analytics is the leading provider of scalable, cloud-based enterprise performance management solutions and was founded simultaneously in India and the U.S. The market leading company has now announced that it will more than double the size of its Hyderabad research and development (R&D) centre in the Southern Indian state of Telangana.
Host Analytics has plans to invest USD $25 million in the expansion of the facility and significantly scaling up its engineering workforce over the next three years. The new and improved 30,000 square foot R&D facility will provide increased capacity for engineering, product testing, research and development, as well as supporting the company’s growing portfolio of partners and customers in the region.
The expansion of the R&D facility and project plans demonstrates the ongoing success Host Analytics has had and its commitment to India. Host analytics already employs more than 150 R&D personnel in Hyderabad and this expansion will facilitate even more opportunities and will provide bigger and better products for the company’s consumers.
Host Analytics has already earned recognition for IT market leadership and product excellence for several IT industry analyst firms over the past three months. Such achievements highlight the company’s technical innovation and the vision that the R&D facility will continue to develop.
If your company is engaging in research activities, it may be eligible for an R&D Tax Credit. An R&D Tax Credit reduces the cost and risk of undertaking R&D activities for your business. The benefit helps companies doing eligible work to create new or improved products, processes and services by reducing their tax. To find out if your company could be eligibility, complete Swanson Reed’s quick and simple contact form.
