NCR Corporation announced that it will move its Hyderabad R&D facility to a new location at Raheja Mindspace in Hyderabad — by early 2017.
This new facility will be one of the global centers of excellence for NCR. The software company did not say that it would expand the number of its R&D resources in India.
NCR started the R&D center in India in 2004 with 50 engineers. NCR’s current Hyderabad R&D center now houses more than 800 professionals focused on software development for the financial, retail, and hospitality industries, as well as 125 consultants supporting customer deployment of NCR technologies.
In addition to the R&D Center in Hyderabad, NCR has a new manufacturing facility in Chennai, a development center in Gurgaon and sales & services headquarters in Mumbai.
“As we continue to build out our omni-channel architecture, the Hyderabad facility will play an important role as a strategic global center for software development,” said Eli Rosner, senior vice president and chief technology officer for software solutions at NCR.
NCR’s Hyderabad R&D center is one of NCR’s largest software development centers and will remain a hub focused on developing solutions for global markets.
The Hyderabad center is developing and supporting software and services that institutions use to empower consumers through self-service applications.
NCR develops applications such as Interactive Teller ATM, EMV contactless ATM cash withdrawals, mobile cash withdrawals, mobile check deposits, EMV-enabled multi-industry payments systems, retail self-checkout lanes, CRM platforms, and cinema and stadium systems management solutions, among many others.
Ashok Nallam, head of R&D Center, NCR India, said: “Our new R&D center will continue to invest in talent to create a robust innovation pipeline to change the way consumers connect, interact and transact with businesses.”