Mumbai: Exterro Inc, a legal GRC software provider expects significant global demand for legal GRC software in 2022. However, Exterro anticipates major growth in India as well.
Owing to the upcoming Personal Data Protection (PDP) Bill, Exterro anticipates major growth in demand for GRC software in India. It expects the PDP Bill to increase the demand for GRC software in the country.
“While the PDP Bill is a step in the right direction, its implementation will be challenging for businesses in India. As organisations await the enactment of the bill, the time is now for identifying resources, processes, policy changes and technologies to manage the expected change,” says Dr Kavitha Thangasami, VP Global Talent Management and Chief Data Scientist, Exterro.
“At Exterro, we’re looking to help create awareness and provide solutions to these future problems, today,” adds Thangasami.
As a step towards creating awareness about the company’s solutions, Exterro plans to set up the Centre for Excellence in India to showcase its latest innovations and technologies to customers, partners and stakeholders.
A majority of the product teams are based at the company’s R&D facility in Coimbatore, Tamil Nadu. The R&D teams in India are responsible for global innovations in legal GRC and digital forensics among other spheres.
Currently, Exterro has over 250 employees in India across two offices and plans to hire more people in the country. It has partnered with local universities in India to bridge the gap between academia and business and continue to hire India’s brightest minds.
The company has been actively hiring talent from tier-2 and tier-3 cities in India as it aims to include people from diverse backgrounds into its workforce.
Exterro has also hired over 50 employees across the globe, including Simon Whitburn as GM and VP of International Sales, where he is responsible for overseeing the sales, channel, business development and customer success departments while leading the international business.
Exterro plans to continue to invest significantly in India and operations in the region. India is a major strategic location for Exterro, and will be a hub to help the company grow in other markets, such as China, APAC, the Middle East and Africa.