Planview Opens New Global Capability & Innovation Center in Bengaluru
The center was inaugurated on August 17th by Mr.Razat Gaurav, Global CEO, Planview and Mr.Jonathan Heimer, Minister Counsellor for Commercial Affairs, U.S. Embassy, New Delhi – India American Chamber of Commerce.
Expanded team in India will focus on driving continued innovation and growth for Planview and global customers
Bengaluru, India – August 17 2023 -- Planview, the leading platform for connected work from portfolio planning to delivery, announced today the opening of its new and significantly expanded Planview Global Capability & Innovation Center (CIC) in Bengaluru. The expansion of Planview footprint in India is a key strategy to support the company’s continued growth, expand its capabilities, and ultimately better serve and support value creation for its global customer base. With over 4,500 customers and 2.6 million users across Financial Services, Healthcare, Insurance, Automotive, Technology and more, Planview has been a leader in the industry for more than 34 years.
“Planview is very bullish about its India operations,” said Razat Gaurav, Global CEO, Planview. “The total investment in digital transformation efforts across the globe continues to accelerate year over year. In the next 18 months, more than half (55%) of all Information and Communication Technology (ICT) investment will focus on transformation, with many of those initiatives led by teams in India innovation centers. Our expanded footprint allows us to support global clients at a time of increasing digital transformation and business activity in the world’s fastest-growing economic region. Our CIC will help customers fast-track their digital transformation while supporting the economic growth of the region.”
Gaurav has identified a series of initiatives that will bolster India’s operations and drive the company’s global growth objectives, some of which have already begun. Among these:
Bringing on an experienced leadership team of Shalini Sankarshana, Country Manager & Managing Director of the CIC and India, and Vishal Dhawan, Managing Director and President, APAC.
Significant talent expansion in the company’s Capability and Innovation Center, increasing headcount and capacity by over 250% in the last two years across strategic functions spanning across Data Science, R&D, Partners/Strategic alliances, Business Applications, Cybersecurity, Professional Services, Managed Services and Premium Customer Care.
Accelerated investment of more than $125 million USD into headcount and center operating expenses over the course of the next four years to drive a strong growth trajectory in region and support customers across the globe.
The center has been inaugurated on August 17th by Gaurav, along with special guest, Jonathan Heimer, Minister Counsellor for Commercial Affairs, U.S. Embassy, New Delhi – India American Chamber of Commerce. The new CIC will focus on product innovation and customer services across key solution areas, enabling Planview to support transformative and complex business technology solutions with its client and ecosystem partners across the globe.
“Planview's expanded presence in Bengaluru will create many opportunities for our existing employees to do impactful work for clients across the globe, as well as enable our company to harness the diverse and considerable talent across the country,” said Sankarshana, Country Manager & Managing Director, Planview. “Not only is Bengaluru a key talent hub in India, but the expansion of CIC is integral to progressing the innovation roadmap and supporting the business needs of our clients as they continue to accelerate their business transformation journey.”
In December 2020, Planview was acquired for US$1.6 billion by TPG Capital, the private equity platform of global alternative asset firm TPG, and TA Associates, a leading global growth private equity firm. The company established its APAC headquarters in Singapore in July 2022, and today, Planview has over 1,300 employees across India, APAC, North America, and EMEA.
