NCR Moves to a World Class R&D Centre in Hyderabad
HYDERABAD, India, November 07, 2017 – NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, expanded its worldwide presence today with a state-of-the-art research and development (R&D) centre at Mindspace IT Park in HITEC City, Hyderabad. Spread across 140,000 square feet, the facility is now NCR’s largest R&D centre outside of the U.S.A. This modern R&D centre will help extend NCR’s leadership in omni-channel solutions and to create innovative products and platforms for channel transformation and digital enablement. The state-of-the-art R&D facility to house over 1200 employees was inaugurated by the NCR global leadership team including Paul Langenbahn and Eli Rosner together with the India leadership team led by Ashok Nallam, Director R&D Centre, NCR India.
“Changes in consumer behavior continue to be rapid, disruptive, and driven by technology transformation. NCR, being a world leader in consumer transaction technologies, is strategically positioned to deliver innovations to meet demands of millennials and other key demographics,” said Paul Langenbahn, executive vice president, NCR Software. “NCR’s R&D centre in Hyderabad will focus on the development of innovative technologies to assist our customers across the industries NCR serves, and the incredible talent we have available in the region will enable us to do so.”
NCR’s new state-of-the-art R&D facility is designed to enhance collaboration and innovation. It features technology and tools to support the changing nature of how, when and where work is done; and it will excite and inspire employees and customers. The centre will feature collaborative workspaces, state-of-the-art labs—including an innovation lab—and amenities such as a gym, recreation facilities, a café, and informal work spaces to spark creativity.
“Enterprises today need to offer the digital experience today’s consumers demand, and this experience has to be consistent, seamless, and engaging across platforms—and at any time and place that they want,” said Eli Rosner, chief technology officer, NCR Corporation. “NCR is building software engineering infrastructure to address the connected economy, and our investment in this new state-of-the-art R&D facility will play a significant role in our transformational journey. This centre will enable us to provide our customers around the world with omni-channel solutions that address real-life business problems.”
NCR’s Hyderabad R&D center will be developing and supporting innovative software and services that global institutions use to empower consumers through self-service applications. The centre has been responsible for a host of innovations including the Interactive Teller ATM, EMV contactless ATM, mobile payments solutions, retail self-checkout lanes, CRM platforms, cinema and stadium systems management solutions, among many others.
Launched in 2004 with 50 engineers, NCR’s current Hyderabad R&D center houses close to 1,200 professionals focused on software development for the financial, retail, travel and hospitality industries. In addition to the R&D Center in Hyderabad, NCR has a world-class manufacturing facility in Chennai, a development center in Gurgaon and sales & services headquarters in Mumbai.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leader in omni-channel solutions, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables nearly 700 million transactions daily across the financial, retail, hospitality, travel, telecom and technology industries. NCR solutions run the everyday transactions that make your life easier. NCR is headquartered in Duluth, Ga., with about 30,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries. NCR encourages investors to visit its website which is updated regularly with financial and other important information about NCR.
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News Media Contacts
Rakesh Aulaya
NCR Public Relations
+91 22 619 45 83
[email protected]
NCR Corporation (NYSE: NCR) is a leader in transforming, connecting, and running technology platforms for self-directed banking, stores, and restaurants. NCR is headquartered in Atlanta, Georgia, with 35,000 employees globally. NCR is a trademark of NCR Corporation in the United States and other countries.
NCR VOYIX Corporation (NYSE: VYX) is a leading global provider of digital commerce solutions for the retail, restaurant and digital banking industries. NCR VOYIX transforms retail stores, restaurant systems and digital banking experiences with comprehensive, platform-led SaaS and services capabilities. NCR VOYIX is headquartered in Atlanta, Georgia, with approximately 16,000 employees in 35 countries across the globe.
This release contains forward-looking statements. Forward-looking statements use words such as “expect,” “anticipate,” “outlook,” “intend,” “plan,” “confident,” “believe,” “will,” “should,” “would,” “potential,” “positioning,” “proposed,” “planned,” “objective,” “likely,” “could,” “may,” and words of similar meaning, as well as other words or expressions referencing future events, conditions or circumstances. Statements that describe or relate to NCR’s or NCR VOYIX’s plans, goals, intentions, strategies, financial outlook, NCR’s or NCR VOYIX’s expectations regarding the Spin-Off, NCR’s or NCR VOYIX’s intention to consummate the offering and issue the Notes or the intended use of proceeds from the offering of the Notes and enter into the new senior secured credit facilities, and statements that do not relate to historical or current fact, are examples of forward-looking statements. Forward-looking statements are based on our current beliefs, expectations and assumptions, which may not prove to be accurate, and involve a number of known and unknown risks and uncertainties, many of which are out of the NCR’s and NCR VOYIX’s control. Forward-looking statements are not guarantees of future performance, and there are a number of important factors that could cause actual outcomes and results to differ materially from the results contemplated by such forward-looking statements. Additional information concerning these and other factors can be found in NCR and NCR VOYIX’s filings with the U.S. Securities and Exchange Commission, including NCR’s most recent annual report on Form 10-K, most recent quarterly report on Form 10-Q and current reports on Form 8-K and NCR VOYIX’s registration statement on Form 10, most recent quarterly report on Form 10-Q and current reports on Form 8-K. Any forward-looking statement speaks only as of the date on which it is made. Neither NCR nor NCR VOYIX undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Michael Nelson
NCR Corporation
678-808-6995
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Scott Sykes
NCR Corporation
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