Zycus opens new offices across the globe

PRINCETON, N.J., January 6, 2011 – Zycus, a global leader in Spend Management solutions, today announced it is moving its R&D center to a newly acquired office space in SEEPZ, Mumbai. Expanding its footprint across the globe, Zycus has been rapidly increasing its customer base, global work force and product offerings.

Zycus commenced business in 1998 with eight people in a rented apartment with a single software solution that focused on content aggregation. Today, with more than 400 employees and 10 office locations around the world, Zycus is a recognized leader in the Spend Management Solutions space. “We have grown tremendously over the past few years. Zycus has customers in all major regions of the world and in nearly all industry verticals,” says Aatish Dedhia, CEO, Zycus Inc. “We have doubled our global sales and marketing teams and opened new offices in Paris, Ohio, Chicago and San Jose in addition to our existing facilities in Princeton, Atlanta, London and Frankfurt. Continuing on the same path, we are ready to invest more and acquire fresh talent to provide world-class Spend Management solutions to more companies.”

Zycus’ 50,000 square foot new office in Mumbai, India is a state of the art, aesthetically designed six story building, which will house more than 600 employees. Zycus is making big investments to increase its product offerings and provide cutting edge solutions to global organizations. “The expansion and opening of new Zycus offices is emblematic of the success Zycus is achieving worldwide with its core competencies of easy-to-use solutions and exceptional customer responsiveness,” says Anurag Dixit, Vice President of Marketing at Zycus. “This team is intent on delivering more cost savings to more companies by developing solutions that solve long-standing sourcing and procurement problems while also being easy to use, gaining rapid user adoption, and delivering high ROI.”