- Octave Intelligence has opened its largest global office in Hyderabad, marking a significant investment in India.
- The company plans to hire 2,000 engineers as part of its expansion strategy in the region.
- Scott Moore, Global COO of Octave, stated that Hyderabad would be central to the company's product-led growth, focusing on taking existing products to SaaS and developing new products.
- Benjamin Maslen, CFO of Octave, mentioned that India is one of the company's largest and fastest-growing markets in Asia.
- Maslen also expressed optimism about opportunities in India, stating, “India is growing very quickly and definitely a market to pay attention to.”
- Octave develops software for mission-critical industrial facilities and serves around 4,500 customers across 180 countries, with more than 60% of the Global Fortune 500 among its clients.
- CEO Mattias Stenberg highlighted that Hyderabad offers a combination of engineering talent and a strong technology ecosystem, emphasizing that the new centre is an investment in the company's future.
- The Hyderabad teams will focus on technologies that help organizations manage complex operational data and utilize AI and advanced analytics to enhance reliability, productivity, safety, sustainability, and decision-making.
Octave Intelligence has opened a 2-lakh-sq-ft global technology and innovation center in Hyderabad, marking its largest office worldwide. The facility, located in HITEC City, aims to enhance the company’s software engineering, AI, and product development capabilities.1
With plans to hire 2,000 engineers, Octave is betting on India’s burgeoning market for mission-critical infrastructure software. Currently, the company employs about 1,700 people in India, and the new center is expected to play a pivotal role in product-led growth.3
“Hyderabad would be central to that product-led growth,” said Scott Moore, Global COO of Octave. The center will focus on developing existing products into SaaS offerings and creating new solutions. Benjamin Maslen, CFO, noted that India is one of the company’s largest and fastest-growing markets in Asia, with a significant addressable market in sectors like metros, railroads, power plants, data centers, and space-tech.4
The facility was inaugurated by Telangana IT and Industries Minister Duddilla Sridhar Babu and Octave CEO Mattias Stenberg, who emphasized the importance of Hyderabad’s engineering talent and technology ecosystem. “Our centre represents more than an expansion of our physical presence—it is an investment in our people and in the capabilities that will help shape Octave’s future,” Stenberg stated.89
Octave serves around 4,500 customers across 180 countries, with over 60% of the Global Fortune 500 among its clientele. The Hyderabad teams will work on technologies that enhance operational data management and leverage AI for improved reliability and decision-making.6710
“Octave, with about 1,700 employees in India, serves 4,500 customers across 180 countries, including over 60% of the Global Fortune 500. Global COO Scott Moore said Hyderabad will be central to product-led growth, taking existing products to SaaS.”
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