ABBYY expands in India with new R&D center and new CoE

With a new Research and Development (R&D) center located in Bengaluru and a new Center of Excellence (CoE) located in New Delhi, ABBYY is looking to expand its capabilities to deliver localized solutions and drive partner and customer success globally.

ABBYY, a leading provider of intelligent process automation solutions, announced on June 26, 2024, the expansion of its global footprint with the opening of a new Research and Development (R&D) center and a new Center of Excellence (CoE) in India.

Yathiraj Shetty Kasargod, ABBYY’s newly appointed Director of Product Operations for ABBYY India, will lead the opening of the offices. Yathiraj Shetty Kasargod commented: “It is a pleasure to join ABBYY and spearhead the expansion in India to enhance and diversify our capabilities. I look forward to working with the global ABBYY team to meet customers where they do business.”

Ulf Persson, ABBYY’s Chief Executive Officer, commented: “We are excited to expand our global footprint by opening a new R&D center and Center of Excellence in India. India’s vibrant tech ecosystem and unrivaled talent offer tremendous opportunities for organizations to leverage our AI-powered intelligent automation offerings. I welcome Yathiraj to the ABBYY team as we mark this strategic milestone in our commitment to better serve our customers and partners.”

A month ago, ABBYY announced that Vantage, its IDP solution, won “Best Intelligent Document Processing Solution” in the 2024 AI Breakthrough Awards by marketing intelligence organization AI Breakthrough.

Headquartered in Milpitas, California, ABBYY puts information to work with purpose-built AI. To this end, ABBYY offers a wide range of intelligent process automation solutions, including Process Intelligence, Accounts Payable automation and ABBYY Vantage, its Intelligent Document Processing (IDP) platform.

You can find the full press release here.


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