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Business EconomyPosted at: Jul 10 2024 4:00PM


Medtronic inaugurates new Global IT Center in Hyderabad

Hyderabad, July 10 (UNI) Medtronic, the global leader in medical technology, inaugurated its new Global IT (GIT) Center at Nanakramguda here on Wednesday.

Telangana Information Technology Minister D Sridhar Babu, who inaugurated the GIT Center, acknowledged Medtronic as the largest medtech company in the world and congratulated the company on its 75th anniversary this year on behalf of the Telangana Government.

Sridhar Babu said that Medtronic's presence in Hyderabad, alongside its presence in the United States, showcases Hyderabad as a hub with vast potential for the tech industry, which has a synergistic relationship with life sciences and pharmaceuticals.

He noted that the region's substantial human resource pool will continue to attract more companies, following Medtronic’s lead, to set up operations in the city.

The Minister congratulated Medtronic once again and expressed confidence that their continuous growth would benefit both the company and the Telangana government.
He looked forward to further collaboration between the state government and Medtronic and welcomed the company's future expansions.

US Consul General Jennifer Larson celebrated the milestone, noting that this is Medtronic’s largest presence outside of the United States. She expressed pride in seeing successful and innovative American companies like Medtronic expanding in Hyderabad, taking advantage of the city's ecosystem and talent pool.

Rashmi Kumar, SVP and CIO of Medtronic expressed excitement about the realization of the GIT center.
She highlighted that the center, starting with 60 employees and aiming to grow to 300 over the next three to five years with an investment of USD 60 million, demonstrates the company’s trust in the local talent and support from the Minister, the US Consul General, and MEIC leadership.

The center will focus on cutting-edge technologies such as Cloud Engineering, Data Platforms, Digital Health applications, Hyper automation, and AI/ML. The talent competencies include Cloud & DevOps, Advanced Analytics & Visualization, Integration & Middleware, Full Stack Engineering, Robotic Process Automation, Process & Data Mining, Agile Program Management, Process Excellence & Business Analysis, along with IT Security & Compliance.
Through these competencies, the new GIT center will boost productivity, manage risks, and drive growth in healthcare technology, she added.

Divya Joshi, Vice President & MEIC Site Leader at Medtronic, stated that the inauguration of the GIT center marks a transformative step for Medtronic. By establishing its first large-scale IT capability center outside the US, the company is investing in advanced technologies and India's rich talent pool.
He said that the new center will be pivotal in supporting innovations, enhancing global IT capabilities, and delivering top-notch tech-driven healthcare solutions. Joshi expressed excitement about contributing to Hyderabad’s dynamic tech ecosystem.
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