U.S.-headquartered Jaggaer opened its new global capability centre (GCC) in Hyderabad on Wednesday.
The facility has 180 employees and there are plans to raise the headcount to 500 in coming years, the firm said after IT and Industries Minister D.Sridhar Babu inaugurated the GCC.
The Minister said more than 70 GCCs set up in the city over the past year is a pointer to the confidence global majors repose in the State’s ecosystem. The State government, with its initiatives such as the AI City and the upcoming AI University, is laying the ground for the next wave of innovation and opportunity.
The company’s new GCC strengthens Hyderabad’s AI story, bringing advanced procurement and supply chain intelligence that will not only serve global markets but also showcase how AI-driven solutions can be built from our city for the world, Mr.Sridhar Babu said.
A part of Vista Equity Partners, one of the world’s largest private equity firms in software, Jaggaer said the Hyderabad GCC will spearhead the firm’s next phase of AI-led innovation and serve as a strategic hub for developing its Agentic AI platform while also driving customer success, software engineering, cloud operations and IT functions for global markets across manufacturing, higher education, FMCG, retail and the public sector.
“Hyderabad expands our global footprint with a centre dedicated to building and scaling AI-powered procurement,” CEO Andrew Roszko said.