FirstRain to Significantly Expand Development Team in India

FirstRain, the leader in Personal Business Analytics for enterprise sales and marketing teams announced today it plans to grow its operations in India by over 100% in the next two years in order to continue to drive rapid technology innovation, deliver breakthrough mobile apps, and support the requirements of its Fortune 500 customers. Headquartered in the heart of Silicon Valley, FirstRain continues to strenghten its Gurgaon office as an R&D hub and views its investment in its India facility and employees as a critical element to further its leadership in the personalbusiness analytics market.

Announcing the plans, Penny Herscher, President & CEO, FirstRain said on her visit to India, "The rapid growth of the India analytics market is leading to an expansion of the talent pool by over 30-40% each year. The FirstRain India team is a core part of developing, enhancing and maintaining our Personal Business AnalyticsT platform and gives us a vital competitive advantage. Many of FirstRain's technology patents are co-authored by engineers in our Gurgaon R&D center and in our headquarters at San Mateo, California and it illustrates the incredible collaborative ethos of the two offices. While so many firms are simply outsourcing their development to India, FirstRain continues to leverage the technical expertise of our R&D leaders located in India to help create optimal personal business analytics solutions for our global Fortune 500 customers.""We are excited and prepared for this next phase of growth in India"Aparna Gupta, Managing Director, FirstRain India added.


Within the last year, FirstRainexperienced more than 230 percent year-over-year top-line growth, a 40 percent increase in personalized views from existing users, a 50 percent increase in companies users can get
insights on, and significant new analytics innovation including a suite of enhanced mobile apps. The company also increased headcount by 50 percent in its US operations. The company's rapid top-line growth is a testament to the work it is doing to help business professionals derive valuable, personalized and up-to-the-minute business intelligence they need to fuel revenue growth.

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