Hyderabad is now emerging as the best destination for start-ups. The reasons are many, but some of the most significant include the lively and competitive ecosystem, government help, and the convenience of doing business.
Hyderabad now allows everyone to wander in with a problem and emerge with a solution or product. Hyderabad is gradually becoming a hub for several product-based companies.
Today, we curated a list of the top Product Based Companies in Hyderabad that are changing the dynamics of India’s development.
Top Product Based Companies in Hyderabad
The following are the top Product-Based Companies in Hyderabad:
Google LLC is a transnational technology company based in the United States. Because of its market domination, it has been labelled the “most powerful company in the world” and is one of the world ‘s most valued companies.
Larry Page and Sergey Brin founded Google as a research project when both were PhD students.
2. UnitedHealth Group
UnitedHealth Group Incorporated is a multinational healthcare and insurance corporation based in the United States. Charter Med Incorporated, a privately held company situated in Minnetonka, Minnesota, was founded by Richard Taylor Burke. The United HealthCare Corporation was formed in 1977 to restructure the business.
UnitedHealth Group is the world’s seventh biggest corporation in terms of revenue, as well as the largest healthcare business in terms of revenue. The business is placed 11th on the Fortune Global 500 for 2022.
Honeywell International Inc. is a publicly listed multinational conglomerate based in the United States. The corporation’s present name, Honeywell International Inc., is the result of a 1999 merger of Honeywell Inc. and AlliedSignal.
Honeywell rejoined the Dow Jones Industrial Average index in 2020. Honeywell is a Fortune 100 business that was ranked 94th in 2021.
Paysafe Limited is an international company that specialises in electronic payments. Neteller PLC, Netbanx Ltd, and Optimal Payments Limited merged to establish the business.
The business provides services under the Paysafe name as well as subsidiary companies such as Neteller, Skrill, Paysafe Cash, and paysafecard.
Uber Technologies, Inc. (Uber) is an American transport as a service provider that allows consumers to book a vehicle and drivers to drive them in a taxi-like fashion. Garrett Camp and Travis Kalanick launched Uber as Ubercab in 2009.
Its unique business strategy enables it to own no vehicles while earning a commission on each booking. In 2021, the business have operations in about 72 countries and 10,500 cities.
6. Progress Software
Progress Software Corporation (Progress) is a publicly traded American company that develops software for creating and implementing industrial applications.
Numerous MIT alumni, including Joseph W. Alsop, Clyde Kessel, and Chip Ziering, co-founded Progress Software. Progress Software relaunched as “Progress” in May 2016.
Progress’ offering comprises products for business integration, data interoperability, and app development, as well as enabling and deployment of Software as a Service (SaaS).
7. Electronic Arts
Electronic Arts Inc. (EA) is a video game corporation based in the United States. Trip Hawkins, an Apple employee, established the business, which was a forerunner in the initial home computer gaming business.
EA distributed a number of games and productivity applications for PCs, all of which were created by unaffiliated individuals or organisations before the business migrated to internal gaming studios.
8. CA Technologies
CA Technologies, originally known as CA, Inc. and Computer Associates International, Inc., is a multinational company based in the United States. Charles Wang and Russell Artzt launched the business.
CA Technologies has locations in over 40 countries and distributes approximately 200 software products. CA has over 1,500 patents globally and over 900 patent claims underway.
Commvault is a publicly listed data protection and data management software company based in the United States. Commvault began in 1988 as a Bell Labs development division focusing on data management, and recovery. After joining Lucent Technologies, the business was sold and incorporated in 1996.
Commvault enterprise software can be employed for backup and recovery, cloud and infrastructure management, archiving, and regulation.
Salesforce, Inc. is a cloud computing tech company located in the United States. Salesforce, established by former Oracle CEO Marc Benioff, rapidly expanded to become one of the world’s largest corporations.
Within five years of its IPO, the company’s annual revenue surpassed $1 billion. Salesforce is the world’s 61st largest corporation by market capitalization and 136th on the most recent Fortune 500 list.
We hope this article has helped you identify the top product-based companies in Hyderabad. Hyderabad is gradually being referred to as the new destination for product-based businesses in the Indian subcontinent.
So, if you have any comments or queries, kindly share them in the comments section.