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Prime Focus Technologies to open new SEZ facility at RMZ Ecospace in #Bangalore
Posted By : Mukesh At 21-08-2014 01:38:07
Tags : Prime Focus Technologies to open new SEZ facility
Prime Focus Technologies (PFT), the technology arm of Prime Focus, the world’s largest media services powerhouse today, announced their plans to expand operations in Bengaluru.
PFT, which established itself as a garage start up, six years ago, in Jayanagar, Bengaluru, is today a 1000+ strong global organization, with clients and operations across Los Angeles, New York, Toronto, London, Johannesburg, Cape Town, and multiple locations in India. Its hybrid cloud enabled CLEAR Media ERP suite has been adopted by the world’s biggest broadcasters, studios, brands and digital businesses to run their content operations.
With over 500 employees at its existing Bengaluru facility, the global R&D and software development hub for the company, PFT is now set to open a new facility at RMZ Ecospace that can seat an additional 500 people. The new center will cater to major international client engagements, including MNET, Warner Bros., IFC and A&E TV Network.
“The stupendous global success of our CLEAR Media ERP suite has led to the imminent need to expand our teams focused on R&D, software development and delivery. Availability of top notch talent with proven experience across the software product development lifecycle is why we are expanding in Bengaluru”, said Ramki Sankaranarayanan, Founder and CEO, Prime Focus Technologies.
PFT contributes 19% of revenue (12M FY14) to its parent Prime Focus Limited (BSE 532748), which reported consolidated revenue of INR 8349 million in 12M FY14. At INR 1600 million, PFT has seen its topline grow 7x in the last 3 years.
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