New Relic Opens Product Innovation Center in Hyderabad, India
18 Outubro 2022 - 10:00PM
Business Wire
New development center taps into world-class
talent to advance innovation across the New Relic observability
platform in areas of APM, security, partner integrations, and
more
New Relic (NYSE: NEWR), the observability company, is charting
an ambitious growth strategy in India by opening its second office
in the country, seven months following the opening of its first
India office in Bengaluru. The Hyderabad Development Center, a
product and engineering hub, will support the world’s
fastest-growing talent pool of developers to advance new products
across the New Relic observability platform with a focus on core
APM and security capabilities, partner integrations, and customer
experience.
As Indian organizations race to leverage technologies like
blockchain, edge computing, hybrid cloud, and 5G to deliver
excellent customer experiences, observability has emerged as an
integral factor to drive innovation, uptime, and reliability. Since
making inroads in 2020, India is now the fastest growing market for
New Relic in Asia. New Relic has strengthened its offerings across
key industries, including e-commerce, media and entertainment,
retail, financial services, and healthcare, with customers
including Swiggy, HealthifyMe, Practo, Unacademy, Capillary
Technologies, CaratLane, and ZestMoney. The product and engineering
development center in Hyderabad is part of the company’s plans to
grow rapidly in the country over the next five years by bolstering
its team and capabilities across new verticals. In the next six
months, New Relic anticipates growing its team in Hyderabad by 150
percent.
“We reached yet another milestone in India and deepened our
commitment to contribute to the country’s technology ecosystem,”
said New Relic Chief Growth Officer and Observability Product
General Manager Manav Khurana. “Observability is a priority for
successful organizations across India, and recognised as a key
driver to achieving core business goals. Our growing presence here
will enable us to harness India’s world-class tech talent to build
out some of the industry’s most innovative observability products,
and accelerate best-practice observability adoption across the
globe.”
According to the New Relic 2022 Observability Forecast,
India-based organizations long for simplicity, integration,
seamlessness, and more efficient ways to complete high-value
projects. About three-quarters of respondents surveyed in India
said C-suite executives in their organizations are advocates of
observability, and 86% saw observability as a key enabler for
achieving core business goals, which implies that observability has
become a board-level imperative.
“The growing relevance of observability to optimize and build
better software is more evident than ever, especially in a
burgeoning market like India,” said New Relic General Manager,
Enterprise Business India Vidhur Bhagat. “Our Hyderabad
Development Center will serve our dynamic and ever-growing customer
base as they seek enhanced productivity, collaboration, and
innovation. New Relic’s unified data platform and analysis tools
will empower engineers and developers at every stage of the
software lifecycle, and deliver better outcomes.”
New Relic is committed to investing in and enriching India’s
technology ecosystem, both through its growing presence on the
ground and via New Relic University, a free global training
platform for budding developers to sharpen their skills in
observability through industry best practices and resources.
Participants can register for courses via the New Relic University
website.
Individuals interested in career opportunities with New Relic in
India may visit New Relic Careers.
About New Relic
As a leader in observability, New Relic empowers engineers with
a data-driven approach to planning, building, deploying, and
running great software. New Relic delivers the only unified data
platform that empowers engineers to get all telemetry—metrics,
events, logs, and traces—paired with powerful full stack analysis
tools to help engineers do their best work with data, not opinions.
Delivered through the industry’s first usage-based consumption
pricing that’s intuitive and predictable, New Relic gives engineers
more value for the money by helping improve planning cycle times,
change failure rates, release frequency, and mean time to
resolution. This helps the world’s leading brands including adidas
Runtastic, American Red Cross, Australia Post, Banco Inter, Chegg,
GoTo Group, Ryanair, Sainsbury’s, Signify Health, TopGolf, and
World Fuel Services (WFS) improve uptime, reliability, and
operational efficiency to deliver exceptional customer experiences
that fuel innovation and growth. www.newrelic.com.
Forward-looking statements
This press release contains “forward-looking” statements, as
that term is defined under the federal securities laws, including
but not limited to statements regarding identified market trends,
our growth plans and commitments in India, and any anticipated
benefits, results and future opportunities related thereto. The
achievement or success of the matters covered by such
forward-looking statements are based on New Relic’s current
assumptions, expectations, and beliefs and are subject to
substantial risks, uncertainties, assumptions, and changes in
circumstances that may cause New Relic’s actual results,
performance, or achievements to differ materially from those
expressed or implied in any forward-looking statement. Further
information on factors that could affect New Relic’s financial and
other results and the forward-looking statements in this press
release is included in the filings New Relic makes with the SEC
from time to time, including in New Relic’s most recent Form 10-Q,
particularly under the captions “Risk Factors” and “Management’s
Discussion and Analysis of Financial Condition and Results of
Operations.” Copies of these documents may be obtained by visiting
New Relic’s Investor Relations website at http://ir.newrelic.com or
the SEC's website at www.sec.gov. New Relic assumes no obligation
and does not intend to update these forward-looking statements,
except as required by law.
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Media Contact Elena Keamy New Relic, Inc. PR@newrelic.com
Investor Contact New Relic, Inc. 503-336-9280 IR@newrelic.com
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