
For companies looking to expand their R&D efforts, data analytics platform, Databricks, has exciting news. The company recently announced plans to double its R&D team in India, investing a whopping $250 million to make it happen.
With the advancement of technology and the increasing demand for data-driven insights, companies are turning to data analytics platforms like Databricks to make sense of their vast amounts of data. Databricks, founded in 2013 by the creators of Apache Spark, has quickly become a leader in this space, serving over 5,000 companies worldwide.
India, with its pool of highly skilled and cost-effective talent, has become a hub for R&D outsourcing for many companies. Databricks’ decision to invest in and expand its R&D team in India is a testament to the country’s growing importance in the tech industry.
The need for more R&D resources comes as no surprise, considering Databricks’ rapid growth. The company has seen a 75% increase in customer adoption and revenue in the past year alone. This is due to the increasing demand for data science and machine learning solutions, especially during the current COVID-19 pandemic, where companies are turning to data to make critical business decisions.
By expanding its R&D team in India, Databricks aims to stay ahead of the curve and continue providing cutting-edge solutions to its clients. The company plans to hire engineers, product managers, data scientists, and other professionals to support its expanding portfolio. These new hires will join Databricks’ 300+ employees in India and work on the company’s flagship Unified Data Analytics Platform, as well as other products and services.
Databricks’ investment in India is also expected to bring economic and employment opportunities to the country. As India continues to emerge as a hub for technology and innovation, companies like Databricks are helping to foster growth and development in the industry.
The announcement of Databricks’ expansion comes during a time of uncertainty and economic downturn