Redknee Solutions has inaugurated its new Bangalore office, which features a modern work environment for Redknee’s team, designed on the tenets of open culture and team work.
The investment in this new facility reiterates Redknee’s long-term commitment to India, and the expansion of its development center to cater to growing global market needs.
The growth in the telecom market is driving the expansion of the Indian BSS/OSS market, which is expected to reach an annual compound growth rate of 16% by 2020. Redknee’s expansion in Bangalore ensures that it has a strong local presence to capitalize on the rapid growth in the market.
“Redknee has maintained a strong presence across the Indian subcontinent for more than a decade,” said Redknee CEO Lucas Skoczkowski. “With the APAC market transforming quickly, Redknee is well positioned to add value to the telecommunications industry and to continue to be a leading OSS/BSS provider.”
Greg Giokas, consul general of Canada in Bangalore, said they see tremendous growth potential in India for Canadian companies like Redknee, driven by 4G/LTE services and investment in innovative areas such as smart cities and the Internet of Things.
“With Redknee’s expansion in Bangalore, the company is well positioned to leverage the vibrant and entrepreneurial spirit of the city to drive further innovation to provide leading-edge solutions in this dynamic and growing market,” said Giokas.