Teradata to invest $35 million for new development centre.

Data warehousing giant Teradata Corp will invest $35 million (about Rs. 220 crore) to establish and scale up a new development centre in India for servicing its American customers.

The $2.7-billion company will hire about 300 employees over the next 12-18 months for the new centre that will come up in Navi Mumbai (Maharashtra), said Robert Cromer, Vice-President, Americas Development Center, Teradata Corp.

The 24,000 sq feet centre will be Teradata's third professional services facility in India. The NYSE-listed Teradata currently operates similar set ups in Mumbai and Pune. The Navi Mumbai centre will be largely staffed by big data experts to cater to the strong demand for such solutions from clients in the Americas.

Big data refer to the computationally analysis of complicated datasets in a bid to decipher patterns, trends, and associations, especially relating to human behaviour and interactions.


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