Celonis to increase operations in India and hire 900 people
Celonis, a leading provider of process mining and process analytics solutions, announced plans to significantly expand its India operations by hiring 900 new employees over the next three years. In addition to its presence in Bengaluru, Celonis is considering growing in other locations, including Hyderabad and Pune.
According to Malhar Kamdar, Chief Customer Officer at Celonis, entering the Indian market is a logical next step given the presence of several significant corporations and the sizeable talent pool in that country. Their “Centre of Excellence” encompasses all engineering operations, financial, human resources, team services, support, etc., and we intend to grow even more.
In India, Celonis began conducting business in November 2021. At the moment, 100 people work there. It provides global software as a service (SaaS) to enhance corporate operations and find and fix hidden inefficiencies. The business claims to have more than 1,300 clients and partnerships with well-known companies like IBM, ABB, GE Healthcare, Johnson & Johnson, and Deutsche Bank. The firm has nearly 3,000 workers worldwide, 20 offices, and a current market value of $11 billion.
Despite having a sizable client base abroad, it offers its offering to its partner network in India. According to Kamdar, Celonis will soon increase its direct market presence in India. “We have been concentrating on the US and EU markets, but in the next 24 to 36 months, we want to have a direct presence in Asian countries, starting with India. We will use the CoE in India as a springboard to enter other Asian markets, according to Kamdar.
According to Kamdar, Celonis plans to add 900 staff over the next three years and is considering growing outside of Bengaluru in places like Hyderabad and Pune. Before this, the business set aside $100 million for initiatives in India. According to Kamdar, Celonis will spend to increase its workforce, collaborate with academic institutions, and maybe buy businesses whose technology complements its own.
The business has agreements with five State governments and 156 academic institutions to run student skill-building programs. With various processes mining educational goods and services, it seeks to empower students.