US analytics firm SplashBI to invest $100 million and open Hyderabad GCC

US-based enterprise data intelligence company <b>SplashBI</b> has officially opened its new Global Capability Centre in Hyderabad. The company plans to invest $100 million over the next five to seven years. The new 20,000-sqft facility will create 275 jobs and focus on developing the firm's data intelligence platform and Splash AI capabilities. The inauguration was attended by IT and Industries Minister D Sridhar Babu, CEO Naveen Miglani, and other officials. The state government aims to attract another 100 Global Capability Centres over the coming year. Officials are encouraging these centres to expand into emerging sectors like artificial intelligence and cybersecurity.