CallidusCloud the US-based cloud services company, will hire 140 more at its Hyderabad centre next year. This would take the number to 280 here. The company has another centre in Bangalore with 80 employees working there.

The Nasdaq-listed company invested $6 million this year in India and is looking at putting in $30 million more in the next four years.

“India is no longer a low-cost centre for us. We are looking at it as a place where we find highly skilled human resources for our global operations,” Leslie James Stretch, President and Chief Executive Officer of CallidusCloud, told Business Line .

He was here with regard to opening of its 15,000 square foot facility at Raheza Mindspace that can house 140 engineers here on Wednesday. “Besides being an important location outside of the US, India is emerging as a key market for us. We have set up a dedicated sales team to tap sectors such as telecom, pharma, insurance and educational sectors. We have signed deals with firms such as Tata Communications and Idea and ING in the last 12 months,” he said.

The company earned 85 per cent of its revenues from the Northern American market. It said it had an addressable market of over $10 billion. “We are looking at expansion our business in the Asia-Pacific region,” he said.

Services

CallidusCloud provides services in the four areas of hiring, learning, marketing and selling.

In 2011, it registered revenues of $84 million. A year before, its revenues were put at $70 million.

> kurmanath.kanchi@thehindu.co.in

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