Raj Radhakrishnan, CEO or Ciklum
Ciklum, a product engineering company, will double its engineering workforce in India and scale its operations of the delivery center here opening two new facilities: a 15000 SQ. Ft. Office in Chennai and a 25,000 SQ. Ft. Installation in Pune. The company is already present in these two cities, but now it is moving to a larger space to accommodate an increase in hiring plans.
Ciklum uses some 4,000 professionals worldwide in their centers in India, Ukraine, Poland, Spain, Romania and other countries. It currently generates $ 225 million in annual revenues. The company helps its customers devise and build products that can help them generate income.
“We are looking to diversify our footprint of the delivery center and aim to have almost a third of its talent here in India. The talent of Ukraine is first category and many of our customs also qualify the work done by our Immas, Bit’s DampendPetndehings Grapó, the things of Dampppen Radhakrishnan, CEO or CIK50, the last year, the last year, the last year, the last year, the last year, the last year, the last year, the last year, the last year. d.
Delay deceleration
Speaking about the deceleration of the demand that is seen by the IT sector, he said that although there is some stress in the system, there is a demand for agile medium -sized companies that can help companies in their critical tasks such as the development of new products and rationalization.
Ciklum provides product engineering promoted by AI to global customers in all industries such as BFSI, retailers and consumer goods, Hi-Tech and Healthcare. Customers essentially compromise Ciklum while planning new products (digital or other). The company helps them evaluate viability, helps develop the product and elaborate the user’s experience around it. It also evaluates existing processes to optimize them with automation. Besids Tech Talent, Ciklum has a team of liberal arts as a sociologist and psychologists who help customers create intuitive experiences of customers.
Ciklum mainly serves the US markets, United Kingdom, Western Europe and Israel. Currently, EMEA contributes 80 percent of the company’s income and 20 percent of the US, with the company with the aim of increasing its business in the United States to almost 30 percent participation. Inorganic growth is also on Ciklum cards, which is found in advanced internships to close a new acquisition to develop its capabilities.
The company has also associated with SRM Easwari Engineering College in Chennai to launch an innovation laboratory. This laboratory focuses on the avant-garde research and co-innovation in AI and Edge Tech, offering solutions for global clients. Much of the work for our global marquee clients is happening in India today, said Radhakrishnan.
Posted on April 23, 2025