Technology and the pace of change in technology is transforming every business, in every industry, across the globe. Yet, many SMB software companies struggle to accelerate product development either by virtue of their legacy technology or the ability to attract talent as the cost of R&D resources continues to rise.
Today Embrace launches its India development center which will be leveraged by its Edtech investment – Infospeed Ltd; which is expected to accelerate its product development. The India development center will also be available to future Embrace investments and acquisitions.
Bringing Global R&D Talent to Our Investments
While SMB software companies find it hard to scale their teams globally to support their core team, large companies continue to benefit from it. The small software companies lack knowledge of hiring and retaining high-quality talent from offshore locations in addition to concerns over protecting their IP.
In our experience, there are numerous innovative product development centers in India and having the right team on the ground makes all the difference. In fact, our senior management were once developers in Bengaluru, India; for Ellucian’s flagship product which was and continues to be used by the largest universities in the United States.
We promise to bring enterprise best practices to our investments. However, this goes well beyond process improvements that traditional software investors bring to the table. A great software company is defined by the products that serve their customers. Embrace India will enable accelerated product development and go-to-market for all our companies.” said Mohan Plakkot, CEO of Embrace.
Accelerating go-to market for our products is a priority in 2020 and beyond. The team at Infospeed is looking forward to the new pace of development that will delight our school customers,” said Gary Bulgin, Director of Infospeed. “We expect to grow the team throughout the year.
The technology team in India will directly collaborate with R&D teams in UK and Canada as part of Embrace’s globally distributed product development team.
About Embrace Software Inc.
Embrace acquires and invests in niche software that provides industry-specific solutions. We believe best practices followed by enterprise software are equally relevant for small software businesses. Access to capital and know-how enables our acquired companies to serve their customers better and grow their business further. Embrace is located in Montreal, Quebec, Canada.