London-based software development and IT outsourcing company Ciklum announced that it will double its engineering workforce in India and open two new offices, as part of a broader strategy to expand its global operations. 

The company plans to open a 1,394 square meter (15,000 square feet) facility in Chennai and a 2,322 square meter (25,000 square feet) site in Pune, aiming to scale its presence in India, which it described as a key hub for digital talent. 

Ciklum, which employs more than 4,000 people globally, reported annual revenues of over $225 million. The Europe, Middle East, and Africa (EMEA) region contributes about 80% of its revenue, while the United States accounts for 20%. CEO Rajaram Radhakrishnan stated that the company expects US revenue to double as part of its strategic growth plans. 

Ciklum partners with companies including Microsoft, Nvidia, and Amazon Web Services, offering AI-led solutions to clients in the banking, retail, technology, and healthcare sectors. The company said it is expanding its AI capabilities to deliver faster, more personalised services and has launched an innovation lab in partnership with SRM Easwari Engineering College in Chennai. The initiative, called Lumina, will focus on research in artificial intelligence and edge computing. 

(newindianexpress)