To more quickly develop new versions of its Responsive Management Suite, Progress is expanding its India research and development (R&D) center in Hyderabad, according to K. Rajani Kanth of Business Standard. "Stating that the over $500-million company was growing at a double digit rate on RPM since this April, Levy said they were looking for extension of the RPM suite next year, either through acquisitions or building new versions in-house," according to Kanth.

According to Business Standard, Progress has "a global R&D strength of 700, of which 180 professionals are based out of its 40,000-sft Hyderabad centre. It is now acquiring more space and hopes to go in for recruitment to fill this up by December. Once through, the Hyderabad centre will house 60 per cent of the company's global R&D staff, Rob Levy, executive vice-president and chief product officer of Progress Software, told Business Standard."

Find out more about the R&D center expansion now!