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SAN FRANCISCO – July 20, 2016 – Riverbed Technology, the application performance company, announced today it has opened a new global Research and Development facility in Bangalore, India, and will expand its engineering team in the region three-fold over the next several years as part of its effort to accelerate the delivery of next generation cloud networking and application performance solutions worldwide.
The new center will be the largest Riverbed R&D facility outside the US, and focus on solving some of the toughest challenges businesses face in the digital era. The building will also serve as the new headquarters for Riverbed’s Sales and Operations in India.
Riverbed has a strong reputation for pioneering market-leading solutions that make applications work better – whether they are delivered on-premise, as a service, or in the cloud. Today, the company is redefining the networking market with an application-focused approach. “At our core, we are an engineering company that builds its own technology, and India is a central player in our strategy of global shared development,” said Jerry M. Kennelly, Chairman and Chief Executive Officer, Riverbed Technology. “The availability of world class talent, advanced infrastructure and proximity to other fast-growing emerging markets of the world are key reasons behind this. The decision to open the new facility in Bangalore reinforces India as a global R&D hub for Riverbed – one that will play a vital role in the future of the company.”
Riverbed opened its first R&D facility in India in 2014 with the intent to integrate the new team into its mainstream product innovation pipeline. Since then, the team has played a critical role in advancing development of the company’s flagship product, Riverbed SteelHead – specifically in the areas of mobile, SaaS and cloud. The expansion of the R&D center in Bangalore will enable the team to take on a greater share of development in emerging technology areas such as software-defined edge and software-defined WAN (SD-WAN).
The Riverbed India R&D Center will be led by Kartik Subbanna, Vice President of Engineering, reporting to US-based Vineet Abraham, Riverbed’s Senior Vice President of Engineering. Since going private in April 2015, Riverbed has increased its investment in R&D as a percentage of its overall revenue as part of the company’s broader strategy to evolve its products to address the demand for a different approach to networking, fueled by the rise of cloud and hybrid IT environments.
"We live in an era of great disruption – and it is only through the strategic use of technology that businesses can evolve at the speed and scale needed to thrive,” said Nandan Nilekani, former Chairman of the Unique Identification Authority of India, and co-founder and former chief executive of Infosys. “Riverbed has embraced this change, and has transformed its own business in order to help organizations better seize opportunities in the digital era.”
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Riverbed®, The Digital Performance Company™, biedt organisaties de mogelijkheid digital performance te maximaliseren binnen elk onderdeel van hun bedrijf, en stelt ze in staat mogelijkheden vanuit een nieuw perspectief te bekijken. Het omvattende en geïntegreerde Digital Performance Platform™ combineert Digital Experience-, Cloud Networking- en Cloud Edge-oplossingen die samen een moderne IT-architectuur bieden voor de digitale onderneming. Het platform levert nieuwe mogelijkheden voor operationele flexibiliteit en versnelt de business performance en -resultaten. Riverbed heeft jaarlijks meer dan 1 miljard dollar aan inkomsten en werkt voor meer dan 30.000 klanten, waarvan 98 procent deel uitmaakt van de Fortune 100 en honderd procent van de Forbes Global 100. Kijk voor meer informatie op riverbed.com.
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