CyberArk, a Nasdaq company that provides identity security solutions, has opened a research and development center in Hyderabad.
In addition to product management and R&D teams, the facility also houses the company’s Center of Excellence for Marketing. There are currently about 200 employees at the facility.
This location is our largest concentration of R&D resources outside of Israel. It will help accelerate development and delivery of solutions focused on protecting organizations from cyberattacks,” a CyberArk executive said.
“With attackers adopting more sophisticated methods, securing identities has become a crucial component of cybersecurity. Our new facility in Hyderabad would support our efforts in providing identity-centric cybersecurity solutions for organizations globally,” Peretz Regev, chief product officer at CyberArk, said.
Telangana IT and Industries Minister KT Rama Rao formally inaugurated the facility on Wednesday.