Synopsys' SIG to expand software footprint into enterprise segment

Synopsys' SIG to expand software footprint into enterprise segment

Synopsys India, part of $2.42-billion Nasdaq-listed electronic design automation (EDA) conglomerate Synopsys, said the company has formed a new business group called Software Integrity Group (SIG) to expand its software footprint beyond traditional VLSI (Very-large-scale integration) into enterprise segment.

In an interaction with DH, Synopsys South Asia corporate vice president and managing director Pradip K Dutta said the company had been playing a major role in VLSI and chip design segment.

“About 10 years ago, besides core EDA, we started investing in IP and systems and two years ago, we started deliberating on areas where we can invest further which will help the company grow its topline and realised that software testing, software quality and software security are also important areas,” he said.

He added that with the acquisition of Coverity, followed by few other companies like Codenomicon  and Goanna Software,  Synopsys is now able to serve growing market especially geared towards enterprise IT and independent software providers, in addition to its traditional VLSI customer base.

“SIG started off in the US and Synopsys India has approximately 130-member team working here for it. The acquisition of Cigital and Codiscope gave a critical mass in this particular business vertical,” he said.

Dutta also said since data is playing an important role,  going forward, SIG group will focus on analytics and security solutions in verticals like healthcare, automotive, banking and financial sectors.

When asked about India hiring, he said the company has 25% of its total head count here. “Globally, we have approximately 11,000 employees and  have footprint across India with presence in Bengaluru, Hyderabad, Mumbai, Noida and New Delhi,” he said.

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