IT and Industry Minister D. Sridhar Babu opened Hyderabad Syneriq Global’s Global Capacity Center for 40,000 square feet of AI products, solutions and consulting services on Wednesday.
The facility was founded with an investment of Rs 5,000 crore and will strengthen Syneriq’s position in the global digital sector. Syneriq Global, which owns a network of technology companies operating in the United States, Mexico, Canada, South Africa, Hyderabad and Visakhapatnam, plans to increase its workforce to 1,500 multidisciplinary technologies. Its goal is to increase the group’s revenue to $150 million.
The company said in a press release that the organization launched a new AI platform, Zyrix, during this period, with a focus on driving innovation and advancing product engineering.
Founder Sudhakar Pennam said: “We will continue to invest in R&D to drive all innovations in our next generation of AI technologies, helping businesses leverage these emerging technologies and build a strong talent base in Hyderabad.”
publishing – March 13, 2025 11:43 pm ist
