Hyderabad, August 25, 2026: Octave Intelligence plc (Nasdaq: OCTV), a global leader in software for the world’s mission-critical facilities and infrastructure, today inaugurated its Global Technology and Innovation Centre in Hyderabad, marking an exciting milestone. The Global Technology and Innovation Centre is expected to grow as a key location that driving Octave’s global technology and innovation capabilities.
The centre was inaugurated by Shri Duddilla Sridhar Babu, Hon’ble Minister for Information Technology, Electronics & Communications, Industries & Commerce and Legislative Affairs, Government of Telangana, and Mr. Mattias Stenberg, Chief Executive Officer, Octave alongside other senior leaders. Sai Krishna, IT Advisor to the Government of Telangana, was also present.
The centre will serve as a key technology and innovation hub for Octave globally, with teams working across software engineering, artificial intelligence, data, cloud, product development and other advanced technology capabilities. The centre will contribute to the development of technologies and solutions that Octave delivers to customers across the world, particularly in industries where complex assets and infrastructure require real-time intelligence and data-driven decision making.
Octave’s Experience Centre is a next-generation showcase space where customers, partners, and stakeholders can experience its latest products, innovations, and AI-driven solutions through immersive demonstrations and real-world use cases. It serves as a platform to bring Octave’s technology and vision to life, enabling meaningful customer engagements, showcasing innovation, and demonstrating how Octave is shaping the future of industrial intelligence, public safety, and operations.
Shri D. Sridhar Babu, Hon’ble Minister for Information Technology, Electronics & Communications, Industries & Commerce, and Legislative Affairs, Government of Telangana said, “When a global company builds technology for some of the world’s most critical industrial and energy infrastructure, where failure is simply not an option, it needs more than talent. It needs engineering depth, scale and continuity. Octave found that in Hyderabad. That is also why Hyderabad is increasingly becoming the first choice for global companies establishing their first GCCs and entering India. We welcomed 75 new GCCs last year and are now targeting 100 more by next year. More importantly in the last two years, the capabilities being built here have become increasingly diverse and sophisticated, spanning sectors from sports technology and media to hospitality, travel, capital markets, trading, utilities and energy. Together, these capabilities are helping us build one of the world’s most diverse and dynamic innovation ecosystems right here in Hyderabad. Octave’s decision to establish its technology and innovation centre here is another strong endorsement of that journey.”
Mr. Mattias Stenberg, Chief Executive Officer, Octave, said “Octave’s global technology and innovation centre in Hyderabad is an exceptional location to continue our next phase of growth. The city brings together world-class engineering talent, a vibrant technology ecosystem and a strong culture of innovation. Our centre represents more than an expansion of our physical presence—it is an investment in our people and in the capabilities that will help shape Octave’s future. We are excited to see our teams in India play an even greater role in developing the technologies and solutions that enable our customers around the world.”
Octave serves more than 60% of the Global Fortune 500 and approximately 4,500 customers across 180 countries. The company develops industrial software that brings together data, AI, and engineering expertise to help organisations manage some of their most complex and mission-critical assets and operations. Its flagship software portfolio spans geospatial intelligence, engineering information management, enterprise asset management, physical security, and quality management, serving critical industries and infrastructure worldwide.
Its technologies connect data across the asset lifecycle, from design and engineering to operations, maintenance, and safety, giving organisations a unified view of their assets and enabling them to use AI and advanced analytics to improve reliability, productivity, safety, sustainability, and decision-making. Octave’s customers span manufacturing, energy, infrastructure, utilities, transportation, public safety, and other asset-intensive industries.
Sekhar Konidena, Vice President, Product and Services, Octave India, said, “Hyderabad is a key technology and innovation hub for Octave, with our teams contributing to products and platforms used by customers worldwide. The Octave Hyderabad centre will deepen these capabilities across software engineering, AI, data, cloud, and product development, with engineers working on technologies that help organisations turn complex operational data into actionable intelligence.”
Octave’s Hyderabad facility spans approximately two lakh sq. ft. in HITEC City, including its Experience Centre and office spaces across multiple floors. The city has emerged as a global technology and innovation hub, backed by deep engineering talent, a strong ecosystem of global companies, research institutions and startups, and growing capabilities in AI, cloud, data, and advanced engineering. A stable policy and governance environment, alongside its talent and technology ecosystem, continues to make the city an attractive base for companies building and scaling global technology capabilities. Telangana’s development priorities continue to place the city at the centre of its technology agenda — the same conditions that made it a practical choice for Octave.
