Software giant Adobe will soon start operations in Hyderabad by setting up an Artificial Intelligence Center in Hyderabad.
Adobe CEO Shantanu Narayen informed Minister KT Rama Rao about the decision on the sidelines of the World Congress on Information Technology, which began on Monday in the city.
According to Shantanu, the availability of skilled manpower makes Hyderabad an attractive destination for IT companies.
"Adobe is thrilled to announce we are starting an advanced AI lab in Hyderabad. As the global leader providing content creation and enterprise experience software solutions, driving innovative products is the core essence of our company. The abundance of tech talent in Hyderabad, coupled with the pro-business stance of Minister KT Rama Rao, makes this an exciting initiative for the growth for Adobe," he said in a press statement released by the state IT minister's office.
KTR had first met the Adobe CEO in May 2015 in the US. The government has since then been making efforts to bring the company to state.
San Jose-based Adobe Systems is a leading software company with about 17,000 employees worldwide. It has a massive set-up in India, with nearly 5,500 employees spread across four campuses in Noida and Bengaluru. The company had revenues to the tune of $7.3 billion in 2017. Some of its most well-known products are Photoshop, PageMaker, Acrobat Reader, Illustrator and Dreamweaver.
In January, Adobe had announced that it has achieved pay parity in India, closing the wage gap between its male and female employees. "We see reaching pay parity between men and women as an important milestone in our commitment towards building a work culture that thrives on equal growth opportunities for all," Donna Morris, Executive Vice President, Customer and Employee Experience at Adobe, had said in a statement.
Adobe India has also discontinued the practice of using a candidate's prior remuneration to determine the starting salary offered, an important step to help counter the gender wage gap that candidates may have experienced in prior jobs, the company said.
With IANS inputs