A 40,000 sq ft AI products, solutions and consulting services global capability centre of Syneriq Global in Hyderabad was inaugurated on Wednesday by IT and Industries Minister D. Sridhar Babu.
Set up with an investment of ₹50 crore, the facility will strengthen Syneriq’s position in the global digital sector. An enterprise with a network of technology companies having operations in the U.S., Mexico, Canada, South Africa, Hyderabad, and Visakhapatnam, Syneriq Global said it plans to double its workforce to 1,500 in multi-disciplinary technologies. It aims to double the group revenue to $150 million.
On the occasion, the group launched a new AI platform, Zyrix, with its emphasis on driving innovation and advancing product engineering, the company said in a release.
“We will continue to invest in research and development, drive innovation in our full stack of next-generation AI Technologies, helping enterprises to harness these emerging technologies and build a strong talent base in Hyderabad,” founder Sudhakar Pennam said.
Published – March 13, 2025 11:43 pm IST